as of September 30, 2011
- Total Grant Value:
- Total Amount Committed:
- Total Amount Expended:
Expenditures are the sum of cash outlays and quarterly accruals for work completed but not yet paid or invoiced.
March 2, 2006
- Entry into Force:
April 28, 2006
- Program Completed:
April 28, 2011
|Project||Estimated Beneficiaries||Estimated Benefits|
|Transport Infrastructure Project||39,203||$73,800,000.00|
The above estimates are based in the best, currently available, information and may be updated if new, reliable, data are available.
The total beneficiary count for the Compact may not be the sum of the different project beneficiary counts because of overlaps between Projects. In other words, some beneficiaries benefit from more than one project but are counted only once in the total beneficiary count.
Total benefits expected from each project are obtained from the ERR analysis MCC conducts during due diligence. Beneficiary counts, although consistent with benefit streams identified in the economic analysis, are not necessarily derived from these models (which are concerned with costs and benefits rather than beneficiaries). MCC estimates and reports expected beneficiaries when sufficiently reliable data exists to support the estimation. If such evidence is lacking, no estimation is attempted, resulting in an underestimation of projected beneficiaries for the Compact. Calculating the amount of benefit per beneficiary would therefore give an overestimation and can be misleading.
|Transport Infrastructure Project||
Objective 1: Facilitate transportation to increase tourism, business development, and agriculture production
Objective 2: Improved road sustainability through increased funding and improved maintenance and contract management
Projected Results by End of Compact
The Vanuatu Compact aims to achieve the results below by the end of the compact in April 2011:
- Reduce the poverty rate on the island of Efate from 38 % to 31 % and from 15% to 7% on the island of Santo;
- Add more than 100 jobs to the tourism sector, and
- Increase cash income per capita by more than $300 on the island of Efate and by more than $500 on the island of Santo.
Results to Date
Information on results to date is available in the Table of Key Performance Indicators (a subset of the full set monitored under the Vanuatu Monitoring and Evaluation Plan). The full set of performance indicators is detailed in the Monitoring and Evaluation Plan.
Impact Evaluation Framework
In addition to careful monitoring of implementation performance and measurement of preliminary results, a final evaluation of the Compact will seek to measure the program’s impact on business development, tourism, and household income. More information on the evaluation approach is available in the Monitoring and Evaluation Plan.