Impact of World bank credit on urban institutions
Material type:
- 307.76 NAT
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
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Gandhi Smriti Library | 307.76 NAT (Browse shelf(Opens below)) | Available | 91915 |
The present study indicates that there can be little doubt that World Bank assisted urban projects have made a valuable
contribution 1n the evolution of improved institutional and financial framework for urban management in the country. The
setting up of new municipal urban development funds; project appraisal, monitoring and evaluation units; as well
as, systematic devolution of fiscal resources and responsibilities to the local bodies, have introduced a substantial element of
professionalism in the Bank-assisted urban projects. Secondly, these projects have introduced major changes in the area of
financial management including improved commercial accountancy and tendering procedures. This study notes that the World Bank urban project have shown a high degree of sustainability through improved cost recovery and project applicability.
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