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- W77804594 abstract "Sector activity (lending, supervision, sector work, and policy and research work) continued in FY92 at about the same levels as in previous years. Sector lending was about $1 billion in 11 projects. Lending for water supply improvements predominated, as in past years, relative to sanitation, drainage and environmental components. Lending prospects for the upcoming five years show a significant upward trend, currently projected at about $1.5 billion per year. However, achieving increases of this magnitude poses significant challenges to the Bank. As demonstrated by OED in its recent evaluation of past Bank projects in the sector, the performance of the sector has been poor. The major medium-term challenge will therefore be to achieve significant sector and policy reforms and improve project quality. In particular, four central policy changes are needed: (1) managing water resources better through the use of more effective market-based methods of allocation and use, including treating water as an economic good and valuing (pricing) it at its opportunity cost in all uses; (2) providing services that people want and are willing to pay for; (3) increasing investments in sanitation based on a demand-driven strategy; and (4) rethinking institutional arrangement to press for improved performance in public utilities, separating provision of services from regulation, expanding the role of the private sector, providing for consumer participation and focusing governments on what only they can do to define and enforce appropriate legal, regulatory and administrative frameworks." @default.
- W77804594 created "2016-06-24" @default.
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- W77804594 date "1992-12-31" @default.
- W77804594 modified "2023-09-27" @default.
- W77804594 title "FY92 sector review : water supply and sanitation" @default.
- W77804594 hasPublicationYear "1992" @default.
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