Economic Rehabilitation and Reconstruction Loan

The main verifiable indicators in the area of macroeconomic reform include: the trend of inflation, money supply, fiscal and current account deficits, targets on revenue collections and expenditures, and the changes in the public debt situation. On social sector reforms, the main indicators are budgetary allocations to health and education, number of school and hospitals rehabilitated, and progress in resettling the displaced population. Sector specific reforms will be monitored through the completion of the on-going exercise to verify the bona fide civil servants, preparation and implementation of poverty reduction measures proposed in the full PRSP, and the country's progress in accessing and sustaining the Highly Indebted Poor Countries Initiatives (HIPCs)