The Independent Office of Evaluation (IOE) has completed the corporate-level evaluation on IFAD's Performance-Based Allocation System (PBAS).

As a final step before its presentation to the April 2016 Executive Board, IOE held an internal learning event dedicated to this evaluation and to share and discuss main findings and recommendations. The event took place on Wednesday, 9 March.

This is the first evaluation by IOE of the PBAS. The objectives of the evaluation were to: assess the performance of the PBAS in transparently allocating IFAD’s financial resources to developing Member States for rural poverty reduction; analyse the PBAS’s approaches and experience in other comparable organizations and identify good practices applicable to IFAD, taking into account the Fund’s mandate and specific financial architecture and generate findings and recommendations that will inform the future development of IFAD’s PBAS and resource allocation from 2016 onwards.

The workshop was attended by over 50 participants, including Country Programme Managers, IFAD Associate Vice-Presidents, Programme Management Department and Associate Vice-President and Chief Development Strategist, Strategy and Knowledge Department and directors.

    IOE thanks participants for their valuable inputs.