PROJECT PERFORMANCE AUDIT REPORT

ASIAN DEVELOPMENT BANK PPA: SRI 19151 PROJECT PERFORMANCE AUDIT REPORT ON THE PARTICIPATORY FORESTRY PROJECT (Loan 1183-SRI[SF]) IN SRI LANKA March 2003 CURRENCY EQUIVALENTS Currency Unit – Sri Lanka rupee/s (SLRe/SLRs) At Appraisal At Project Completion At Operations Evaluation (September 1992) (August 2000) (October 2002) SLRe1.00 = $0.0234 $0.0128 $0.0104 $1.00 = SLRs42.71 SLRs77.85 SLRs96.25 = SDR1.46 SDR1.31 SDR1.32 ABBREVIATIONS ADB – Asian Development Bank AusAID – Australian Agency for International Development BFO – beat forest officer CFP – Community Forestry Project EIRR – economic internal rate of return FRMP – Forest Resources Sector Management Project FD – Forest Department FWL – farmers’ woodlot 3m – cubic meter M&E – monitoring and evaluation OEM – Operations Evaluation Mission PCR – project completion report PPAR – project performance audit report PWL – protective woodlot RFO – range forest officer SDR – special drawing rights STC – State Timber Corporation TA – technical assistance NOTES (i) The fiscal year (FY) of the Government ends on 31 December. (ii) In this report, “$” refers to US dollars. Operations Evaluation Department, PE–619 CONTENTS Page BASIC DATA ii EXECUTIVE SUMMARY iii MAP vii I. BACKGROUND 1 A. Rationale 1 B. Formulation 1 C. ...