Enhancing Infrastructure Efficiency and Sustainability

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The development objective of Enhancing Infrastructure Efficiency and Sustainability Program Project for Serbia is to improve the management and sustainability of select public infrastructure by strengthening government capacity and systems, upgrading assets, and increasing expenditure efficiency. Infrastructure is one of the six areas identified in the Country Partnership Framework (CPF) for FY 2016 - 2020. Better regional connectivity through infrastructure development is essential to boost investment and growth in Serbia. The World Bank Group engaged in infrastructure development, both through investment support to highway and national road construction, improvements in road and rail sector management systems and support to energy sector reforms and rehabilitation. The Program-for-Results instrument selected for this operation will support the improved delivery of public services and management of assets in the form of rehabilitation of public buildings and road maintenance. The CPF encompasses this subject under Focus Area 1: Economic governance and the role of the state. This area covers removing constraints to the effectiveness of economic governance which in turn are grouped in: the size and management of the budget, the scope and capacity of the administration to implement reform and deliver services, the footprint of the government in the economy, and the performance of public utilities. Maximizing finance for development by leveraging the private sector and optimizing the use of scarce public resources (the cascade) is a high priority for the Bank.