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Nicaragua Social Investment Fund - conditional cash transfers, a new avenue for social funds? (Английский)

The note presents the case of the Nicaragua Social Investment Fund (FISE), which accounts for an impressive record, having financed a significant number of projects in ten years (sixty percent of these benefiting the education sector). Moreover, it reinforced rural water, and municipal infrastructure projects, and strengthened its engagement in local capacity building at the municipal, and community levels. However, in the late 90s, it became clear...
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