Fiscal Year 2015 (July 2014 – June 2015) brought significant changes to PPIAF. A new strategy was approved in 2014 by donors, and implementation began; specifically, PPIAF launched a number of large programmatic initiatives in the technical assistance field. In West Africa, we are supporting the West African Economic and Monetary Union, under which umbrella member countries create an institutional architecture to facilitate regional and national PPP projects. In the Caribbean, we are supporting the creation of a regional PPP framework. In South Asia, we are helping Bangladesh scale up the national PPP program.The 2015 Annual Report highlights all of the the activities approved this year, the results achieved, our monitoring, evaluation and learning methods, and the financial standing of the program.