| AARC is responsible for verification of the relevant Disbursement Linked Indicators (DLIs) and selected non-DLIs, that include the following:
1. Dwelling units constructed in accordance with national quality standards;
2. Mortgage loan agreements executed with the selected beneficiaries;
3. Average share of women among home buyers increased;
4. Climate change risk assessments are performed as an integral part of the site selection process;
5. Participating commercial banks implement policies and actions to improve collection procedures and governance structure;
6. Governance, financial management and institutional capacity are strengthened through a time-bound action plan relating to accounting, financial reporting, and internal and external audits;
7. Procurement action plan for the program is fully implemented;
8. The program management and performance monitoring system is strengthened. |
