Vision to Program to Projects (V2P2P)
Project Transaction Support | Financial
The Program-for-Results (PforR) financing instrument was developed by the World Bank Group to address the growing demand for programs that help deliver sustainable results and build institutions. Using a country’s own institutions and processes, PforR links disbursement of funds directly to the achievement of specific program results. This approach helps build capacity within the country, enhances effectiveness and efficiency and leads to achievement of tangible, sustainable program results. It also supports government programs and helps leverage World Bank development assistance, by fostering partnerships and aligning development partner goals and results to national programs.