Getting Results: Independent Verification in Output-Based Aid
As interest grows in results-based financing (RBF), the need for reliable verification systems intensifies. Independent verification is a key component of OBA, which links the disbursement of funds to achievement of verified results. This note discusses the verification process, and presents…Date: 2016
Type: OBApproaches
Tags: Independent Verification
Independent Verification in Results-Based Financing
OBApproaches 43
With pressure for greater accountability and value for money in public budgets, widening the use of results-based financing (RBF) and setting up adequate independent mechanisms to verify results is becoming increasingly important. In January 2012, the World Bank launched…
Date: 2012
Type: OBApproaches
Tags: Other, Independent Verification
Strengthening Fiscal Transfers in Indonesia Using an Output-Based Approach
In 2010, the World Bank approved a US$220 million loan for a Local Government and Decentralization project in Indonesia. The project aims to improve the accountability and reporting of the central government’s Specific Purpose Grants (DAK). Piloted in four infrastructure sub-sectors—irrigation,…
Date: 2011
Type: OBApproaches
Tags: Independent Verification , Other
