[{"bbox": [96, 153, 1161, 207], "category": "Text", "text": "plan covering all EFSD+ budgetary guarantees and the financing decision for the entire annual commitment under\nthe EFSD+ budget line will be adopted separately."}, {"bbox": [96, 219, 355, 243], "category": "Section-header", "text": "**Private sector investment:**"}, {"bbox": [96, 257, 1101, 313], "category": "Text", "text": "IF lending operations of EFIs are covered by a guarantee, AND regulatory business environment is improved, THEN private sector operators will have a better access to finance and gain in competitiveness."}, {"bbox": [96, 331, 1152, 416], "category": "Text", "text": "IF private sector investment increase in both agriculture and forestry sector AND transformation process of raw material into semi-finished or finished products takes place in the country THEN jobs creation will increase as well as the added value retained by the country."}, {"bbox": [96, 434, 233, 460], "category": "Section-header", "text": "**Connectivity:**"}, {"bbox": [96, 472, 1152, 529], "category": "Text", "text": "IF there is a better connectivity between rural production areas, AND private sector manufacture, THEN the supply chain will develop, and rural revenues will increase."}, {"bbox": [87, 594, 413, 621], "category": "Section-header", "text": "## 1.1 Logical Framework Matrix"}, {"bbox": [85, 638, 1145, 781], "category": "Text", "text": "The indicative logframe constitutes the basis for the monitoring, reporting and evaluation of the intervention. On the basis of this logframe matrix, a more detailed logframe (or several) may be developed at contracting stage. In case baselines and targets are not available for the action, they should be informed for each indicator at signature of the contract(s) linked to this AD, or in the first progress report at the latest. New columns may be added to set intermediary targets (milestones) for the Output and Outcome indicators whenever it is relevant."}, {"bbox": [85, 844, 1145, 1015], "category": "Text", "text": "At inception, the first progress report should include the complete logframe (e.g. including baselines/targets).\nProgress reports should provide an updated logframe with current values for each indicator. The final report should enclose the logframe with baseline and final values for each indicator. The indicative logical framework matrix may evolve during the lifetime of the action depending on the different implementation modalities of this action. The activities, the expected Outputs and related indicators, targets and baselines included in the logframe matrix may be updated during the implementation of the action, no amendment being required to the Financing Decision."}, {"bbox": [85, 1078, 799, 1104], "category": "Text", "text": "In the logical framework below GERF means Global EU Results Framework."}, {"bbox": [85, 1168, 185, 1192], "category": "Text", "text": "See below"}, {"bbox": [1027, 1681, 1144, 1706], "category": "Page-footer", "text": "Page 19 of 30"}]