Photo credit: Reuters
Recent events in Pakistan rightly rose concerns on the extent to which the current security situation in the country could affect the implementation of IFAD funded projects.
Obviously ‘security’ is a factor beyond the control of IFAD, and as such it represents one of the (exogenous) risks for working in Pakistan.
However, it should be noted that - with the exception of one project whose unexpected and exceptional increased insecurity in the project area prevented proper monitoring - IFAD has always been able to adequately supervise both physical progresses and fiduciary aspects of its funded projects in Pakistan.
This does not guarantee per se that the situation may not change in the future, but it highlights the fact that in principle the security situation in Pakistan should not significantly affect IFAD’s capacity to continue its support to this country.