Efficiency and Transparency in Utilization of Funds

The PWP’s Management Unit has a proven successful track record in achieving efficiency and a high utilization capacity for the YECRP funds to maximize and optimize the benefits for target communities. Results achieved so far have shown that targets have exceeded plans as reflected in the following:

  • Ratio of investments in community assets to total funds is 85%. Hence, maximizing number of community assets that benefit vulnerable communities most in need.  
  • Investment cost per beneficiary so far is US$ 32 while planned by YECRP Design was expected to reach US$ 77.
  • PWP Operational Costs is 4.1% of total disbursed for the AF. This is a low ratio if compared with the achievements in the ground. Hence, this is a comparative advantage for the PWP.
  • Consultancy Services 5.8% slightly less than initial allocations.
  • 1,200 subprojects have been contracted at a cost of US$ 68.04 million from both finances. 1030 subprojects at cost of US$ 58.621 million have been completed and handed over to the beneficiaries i.e. 86% of contracted subprojects have been completed.
  • Activities under the Parent Fund are fully completed, whereby 214 subprojects are delivered and handed over to beneficiaries.  
  • Under the Additional Financing, 980 subprojects have been contracted at a cost of US$ 56.23 million. 816 subprojects have been completed costing US$ 46.558 million, while 164 subprojects are still ongoing at a cost of US$ 20.4 million.

     

Connect with us

P.O.Box 18316, Al-Mahrookat Street, Sana'a, Republic of Yemen.

  • dummy+967 409 283 - 7

  • dummy+967 409 303

  • dummy pwp-yem@y.net.ye

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