[{"bbox": [128, 149, 1128, 206], "category": "Section-header", "text": "### 4.4.2 Changes from indirect to direct management mode (and vice versa) due to exceptional circumstances (one alternative second option)"}, {"bbox": [140, 229, 1173, 285], "category": "Text", "text": "If negotiations with the selected entrusted entities fail (section 4.4.1), that part of this Action may be implemented in direct management through public procurement."}, {"bbox": [128, 310, 400, 342], "category": "Section-header", "text": "## 4.5. Indicative Budget"}, {"bbox": [128, 350, 1186, 818], "category": "Table", "text": "<table><thead><tr><td>Indicative budget components</td><td>EU contribution (amount in EUR)</td></tr></thead><tbody><tr><td>Implementation modalities - cf. section 4.4</td><td></td></tr><tr><td>Specific objective 1: Improve the overall business environment, investment climate and competitiveness through an enhanced public-private dialogue and regulatory reforms</td><td></td></tr><tr><td>Indirect management with an entrusted entity - cf. section 4.4.1</td><td>11 800 000</td></tr><tr><td>Specific objective 2: Increase productivity, quality, and inclusive decent job creation in the cassava, fisheries, and wood processing value chains in accordance with trade and environmental sustainability standards</td><td></td></tr><tr><td>Indirect management with an entrusted entity - cf. section 4.4.1</td><td>13 000 000</td></tr><tr><td>Evaluation - cf. section 5.2</td><td></td></tr><tr><td>Audit - cf. section 5.3</td><td>200 000</td></tr><tr><td>Totals</td><td>25 000 000</td></tr></tbody></table>"}, {"bbox": [128, 833, 657, 866], "category": "Section-header", "text": "## 4.6 Organisational Set-up and Responsibilities"}, {"bbox": [140, 891, 1173, 947], "category": "Text", "text": "The implementing partners will do the technical, administrative, and financial management of the programme, including the day-to-day activities."}, {"bbox": [140, 957, 1173, 1012], "category": "Text", "text": "At a strategic level, a Project Steering Committee (PSC) will be established. It will be headed by the MoCI and will gather:"}, {"bbox": [177, 1023, 651, 1051], "category": "List-item", "text": "- Representatives of the EU Delegatin in Liberia;"}, {"bbox": [177, 1062, 879, 1090], "category": "List-item", "text": "- Key ministries and agencies (MoCI, MoA, MFDP, NIC, FDA, NaFAA);"}, {"bbox": [177, 1101, 824, 1129], "category": "List-item", "text": "- Private sector representatives in Liberia (e.g. LCC, LIBA, ECCL);"}, {"bbox": [177, 1140, 841, 1168], "category": "List-item", "text": "- Other relevant stakeholders such as youth and women organisations."}, {"bbox": [140, 1179, 657, 1207], "category": "Text", "text": "The PSC will meet twice a year and will be in charge of:"}, {"bbox": [177, 1219, 865, 1247], "category": "List-item", "text": "- Advising and providing strategic recommendations for the programme;"}, {"bbox": [177, 1258, 1173, 1313], "category": "List-item", "text": "- Ensuring the consistency of actions with national policies and priorities and other development partners' projects;"}, {"bbox": [177, 1324, 687, 1352], "category": "List-item", "text": "- Approving annual work plans and progress reports;"}, {"bbox": [177, 1363, 1073, 1391], "category": "List-item", "text": "- Ensuring the necessary arbitrations and making proposals to reorient activities when required;"}, {"bbox": [177, 1402, 466, 1430], "category": "List-item", "text": "- Monitoring and evaluation."}, {"bbox": [140, 1441, 1173, 1496], "category": "Text", "text": "The implementing partners and/or the national authorities will regularly organise technical meetings and will invite all the stakeholders to follow the implementation of the different components of the programme."}, {"bbox": [140, 1507, 1173, 1588], "category": "Text", "text": "The WB is implementing the LIFT project that aims to support Liberia's private and financial sectors to improve the investment climate and increase the efficiency of trade in Liberia. Since the two interventions may have synergies, it is also planned to hold potentially joint PSC to increase impact."}, {"bbox": [1022, 1679, 1141, 1705], "category": "Page-footer", "text": "Page 22 of 25"}]