A. Project Tasks and Activities

Task 1. Improve Policy and Regulatory Environment

CLIN #1. Promote participatory change

CLIN #2. Adoption and implementation of policy and regulatory reform

Task 2. Improve Financial Intermediation

CLIN #3. Improvements in regulation, management and supervision of the financial

system

CLIN #4. Analysis and development of new financial instruments.

B. Milestone Achievement Monitoring

Each activity is divided in milestones and numbered 1.1, 2.1, etc. where the first part of the

number refers to the CLIN and the second part to the specific milestone. The following tables

outline the milestones in chronological order of their planned undertaking by year and month

for year one and by quarters for subsequent years.  This outline together with the annual work

plans will be the basis for developing the monthly reports of project activities

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