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<p>All programmes need to demonstrate how they will address persistent poverty and
high levels of inequality as part of the Fund’s primary purpose. Before approval is
given to programmes to begin implementation, they are required to go through a rigorous
design and assurance process, using the HMT five-case business case model, which requires
robust and detailed analysis of the programme’s expected impact. It is too early to
assess the full effectiveness of the programmes detailed in the annual report; programmes
are currently in their first year of delivery or have received funding for preparatory
activity.</p><p> </p><p>The Prosperity Fund has contracted external suppliers to provide
robust monitoring and evaluation across the portfolio of programmes. They will provide
rigorous evidence and assessment of the Fund’s development objectives. Assessments
will also be made as part of regular programme annual reviews. These reviews will
be published in line with the Fund’s transparency commitments.</p>
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