Search

Displaying 1 - 15 of 20

CSV
Lesson
The financial health of key project agencies needs to be thoroughly assessed at project preparation to determine their viability and identify the proper risk mitigation measures. Although a financial management assessment was conducted for the implementing agency, the United Water Supply Company of Georgia Limited Liability Company (UWSCG) during project preparation, the assessment only pointed to a need for training in accounting and reporting, preparing business plans, determining tariffs and procurement.

Project Number: 43405-023
Project Name: Urban Services Improvement Investment Program - Tranche 1
Report Date:
Lesson
Lack of project readiness can seriously deter project implementation. The project completion review of tranche 1 indicates that the project was not ready for financing. During preparation of the project, the towns of Marneuli and Zugdidi were replaced by Kutaisi, Poti, and Ureki because of changing government priorities and the planned development of a seaside resort at Ureki. This necessitated a major change in scope that delayed project startup. Additional time was also needed for capacity building and to increase awareness of the project among the IA staff.

Project Number: 43405-023
Project Name: Urban Services Improvement Investment Program - Tranche 1
Report Date:
Lesson
Inaccurate projections can reduce the financial viability of projects and lead to unoptimal use of resources. At project appraisal, populations in Anaklia and Mestia were forecast to grow significantly with Anaklia’s planned port construction and tourism development of Mestia as an international ski resort and historic heritage site. As it turned out, towns in Georgia, including the three towns, witnessed out-migration and reduction in population in the last decade.

Project Number: 43405-023
Project Name: Urban Services Improvement Investment Program - Tranche 1
Report Date:
Lesson
A lack of assessment and monitoring of contingent liabilities causing fiscal risk and limited coverage of public financial management affecting expenditure and fiscal consolidation was an additional risk identified for subprograms 2 and 3.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
The DMF was reasonably well-designed and the performance indicators—with the exception of the initial program impact indicators—targets, and baseline data were precise and generally easily measurable. However, the PCR assessed the program against the DMF prepared for subprogram 3, which, like subprogram 2 had no indicators to measure impact, although these were included for subprogram 1.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
Continuing TA support is required to ensure the sustainability of the program, especially to enhance domestic savings (output 3), and the increased mobilization of private resources focused on mobilizing private savings (output 4). Private savings through pensions and a more developed capital market will mobilize long-term finance. These reforms, however, are long-term in nature involving legislative changes and institutional strengthening.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
The incompatibility of undertaking project implementation and institutional restructuring at the same time. Staff movements to the newly created state-owned enterprises affected the implementation process. NAC had to recruit new supervisors for the civil works contracts due to the institutional changes, which required some period for the new staff to familiarize themselves with their new responsibilities in the PIU.

Project Number: 43141-023
Project Name: Civil Aviation Development Investment Program (Tranche 1)
Report Date:
Lesson
Need for more frequent monitoring and coordination meetings with the executing agency by ADB in the early stages of project implementation to resolve issues before they worsen. Strict compliance with loan covenants pertaining to financial management systems, reporting, and project coordination meetings should have been the priority concern after loan effectiveness.

Project Number: 43141-023
Project Name: Civil Aviation Development Investment Program (Tranche 1)
Report Date:
Lesson
Gradual and complex reforms require simultaneous activities and flexibility to manage bottlenecks.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
Diagnostics play an important role in the successful implementation of policy reforms.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
No new lessons

Project Number: 41122-013
Project Name: Road Corridor Investment Program–Tranche 2
Report Date:
Lesson
Need for the government's continuous capacity enhancement in project preparation. The government should have conducted its own robust due diligence prior to processing new projects, particularly in terms of engineering and safeguards. Further, international financial institutions, including ADB, should continue providing technical support, including institutional and capacity development programs, to enable the executing and implementing agencies to independently prepare projects with sound technical inputs.

Project Number: 41122-033
Project Name: Road Corridor Investment Program - Project 2
Report Date:
Lesson
Need for comprehensive due diligence in safeguards and technical aspects. The cost overrun had two major causes: (i) an insufficient safeguard assessment during appraisal, and (ii) an inaccurate cost estimate. A comprehensive safeguards impact assessment during appraisal could have avoided the later realignment. Detailed analysis of alternative alignments and their associated potential safeguards impacts, both of environmental and social, should have been conducted as well.

Project Number: 41122-033
Project Name: Road Corridor Investment Program - Project 2
Report Date:
Lesson
Need for adequate resource allocation to preparatory works for new projects. The cost overrun of the civil works component was a primary reason for the cancellation, and was caused by inadequacies in the investment program appraisal with respect to safeguards, engineering design and the cost estimate.

Project Number: 41122-033
Project Name: Road Corridor Investment Program - Project 2
Report Date:
Lesson
In addition, core indicators on financial and social performance of participating MFIs needed to be integrated and collected in the monitoring system of the project.

Project Number: 32472-013
Project Name: Microfinance and Employment Project
Report Date:
CSV