With the late approval of the 2015 State Budget, there is great interest in monitoring the 1 behavior of funds channeled via CUT, both internally and externally, as well as funds via extra-CUT2. This Note is Part III (out of four) and is intended to explore issues related to funding and propose recommendations to avoid a repetition of bad practices during the implementation of SO 2016 that the CIP will review on a quarterly basis. Part I covered the 2015 State Budget Execution Report (REO) Macroeconomic Analysis, Part II covered the Sector Analysis. Part IV will cover the Challenges for Executing the 2016 State Budget.
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