The current system the IDB is using to measure the success and impact of fund projects, beneficiary evaluations, is really inadequate. What is needed instead is ex ante data on the condition or the availability of the kind of infrastructure that is going to be built. That needs to be in the fund application so that ex post the Bank can see the improvement in the infrastructure made by the fund operation to measure its impact on improved living conditions in the local community. It may never be pos- sible to get an adequate measure of changes in income caused by the fund, but if productive projects are.
