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Working Paper 141 - Always Late: Measures and Determinants of Disbursement Delays at the AfDB
There is a common agreement on the fact that improving aid effectiveness is critical to meeting the Millennium Development Goals (MDG) and ensuring a steady path to development. It is also recognized that the successful implementation of development operations is important to the process of improving aid effectiveness. Successful implementation of development projects and programs depends on several factors including the predictability and timing of Aid disbursement. The utility of aid to recipients is often seriously compromised by delays in disbursement and the associated unpredictability of its availability.