On ADB’s side, overbudgeting is easier than underbudgeting, as adding funds to a project takes more time and work than canceling unused funds. However, this practice reduces funding availability for other departments that may need extra funds. It also reduces ADB’s efficiency in delivering its program, which ultimately reduces its development impact.
Project Name
Power Transmission Investment Program – Tranche 2
Project Number
42039-035
Report Date
Report Source
Validation of self-evaluation
Country
Sector
Applicability