ORSB – ANGOLA COUNTRY STRATEGY PAPER 2011 - 2015
2.1.2 Common characteristics. Projects in the portfolio have (i) an average age of 5 years; (ii) low disbursement rates
(iii) experienced delays between the projects approval, loan signature and project effectiveness (15 months in average);
(iv) experienced delays in launching operational activities such as the recruitment of contractors, start-up project activities;
(v) poor technical support to the PIUs and; (vi) generally poor management by institutionally and technically weak Project
Implementation Units (PIUs).
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