CABEI joins the Evaluation Cooperation Group (ECG)

26/06/2020

The membership is a recognition of the best practices process in evaluation that CABEI has adopted and consolidated over a decade.

Tegucigalpa, July 26, 2020.- The Central American Bank for Economic Integration (CABEI) has successfully carried out one of the most important processes in its history with the incorporation as a Temporary Member of the Evaluation Cooperation Group (ECG).

During a decade, CABEI has been implementing a sequential technical evaluation process in line with the Best Practices of the Evaluation Cooperation Group (ECG). Since 2009, the GPR of Germany's DEG has been adapted, giving rise to the CABEI Development Impact Index (I-CABEI), which is aligned with the ECG, and is a tool that the Bank applies to each approval from the ex ante evaluation during preparation and formulation in the project cycle until ex post evaluation in order to verify the results obtained.

It is noteworthy that the I-CABEI is an evaluation module used to validate the evaluation statistics of projects and financial intermediation, which accompanied by econometric methods allows to measure the performance of the Institution at the level of its interventions individually, as well as the performance at the country and corporate level, in addition to measuring the achievement of the institutional mandates established in its constitutive agreement.

Subsequent to this notification, CABEI Executive President, Dr. Dante Mossi, noted that, "This is a recognition of the best practices in evaluation that CABEI has been adopting and consolidating throughout a decade."

Furthermore, he pointed out that, "The incorporation into the ECG, following the analogy of the risk rating agencies regrading financial matters, represents another rating for the Bank in terms of development.”

The process was carried out under the leadership of Dr. José Efraín Deras, Head of Evaluation Office (ODE) attached to the CABEI Board of Directors.

Back