The significance of policy evaluation lies in its capacity to assess the effectiveness and impact of governmental initiatives. Evaluation provides critical insights into whether policies achieve their intended outcomes and how they can be improved. Through systematic analysis, policymakers can identify areas for reform and allocate resources more effectively. Additionally, engaging stakeholders in the evaluation process promotes transparency and accountability, reinforcing public trust in governance. Ultimately, rigorous policy evaluation contributes to better-informed decision-making and enhances the overall efficacy of government actions.