Summary of publication
This report presents the findings of an independent review of the Governance for Growth (GfG) program, examining progress with respect to its objectives of generating economic growth and improving service delivery through good governance. Governance for Growth was designed as a facility acting as a broker of activities supporting locally driven reforms. It was expected to benefit from close interaction on policy developments by working closely, and being co- located, with Government of Vanuatu officials.
This review covers the period from 2007 until late 2016. Over that time, the program spent a total of $52.3 million, including $4.7 million on program management. The review concludes that GFG’s focus on regulatory reform, better sectoral policies and improved governance is aligned with contemporary economic development thinking. Governance for Growth has helped deliver a range of important reforms, including deregulation of the telecommunications industry and introduction of Financial Services Bureaus in order to improve the provision of government services.