The primary purpose of this evaluation was to inform the implementation of the remainder of the ongoing CSP and the design and implementation of the next strategy cycle (2026-2030) for enhanced development effectiveness.
The evaluation concluded that the Bank's support to Liberia aligned with the government's and population's needs, but effectiveness was rated partly unsatisfactory, with only 40% of expected outputs and 27% of expected outcomes achieved. Sustainability and efficiency were similarly rated as partly unsatisfactory due to weak institutional capacity, insufficient measures for financial sustainability and ownership of interventions and project delays. Despite sound public investment management, weak project results indicated partly negative returns on investment.
The evaluation recommended that the Bank continue supporting the transport, energy, and governance sectors to strengthen progress on reducing fragility and building resilience. It also recommended improving the design of Bank operations to better achieve strategic objectives, enhancing mainstreaming and monitoring of cross-cutting issues in CSPs and operations, improving the quality of CSP strategy results framework and reporting, and ensuring stronger coordination with other development partners.