According to the World Bank, the development objectives of the Third Programmatic Shared Prosperity Development Policy Financing Project for Panama are to support the government of Panama’s efforts to:
(i) strengthen the frameworks for international tax transparency, financial integrity, and fiscal management
(ii) strengthen institutional arrangements to support social assistance and education
(iii) enhance the regulatory and sustainability framework in the energy and water sectors.
The Bank expects the following outcomes from the project:
The International Bank For Reconstruction And Development arm of the World Bank will provide the funding for this project.
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing email@example.com. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.