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CSV
Lesson
The importance of a comprehensive strategic framework that broadens and deepens financial inclusion based on robust diagnostics and analytical work. The rationale for reform and policy actions are to be drawn from these diagnostics, and actions are prioritized and sequenced in addressing the constraints and bottlenecks. Regulatory constraints, institutional capacity limitations, deficiencies in technology infrastructure, and extent of financial literacy need to be clearly identified and assessed based on the analytical work.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
It is important that the TA is appropriately designed to support the delivery of expected outputs and that it is implemented in a timely manner. The program demonstrated the role of a well-designed TA in supporting completion of reforms across the three subprograms and building capacity of the implementing agency. It is also essential that the timing of activities is aligned with the sequencing of policy actions so as not to undermine the achievement of outputs.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
The continuous longer-term involvement of the same mission leader and other qualified ADB staff from the design stage until the end of implementation of the three subprograms is important to the success of this program. Familiarity with local institutional challenges and personnel in the government is important for a complex reform program such as this one to achieve progress.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
Inclusion of gender targets in policy actions and DMF ensures the delivery of gender actions benefiting women.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program (Subprograms 1–3)
Report Date:
Lesson
Reforms on tax burden and administration should be broad enough to significantly reduce the cost of tax compliance and eventually the size of the informal economy.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program (Subprograms 1–3)
Report Date:
Lesson
Reforms should be prioritized by considering institutional readiness at all levels. If reforms include multiple sectors, it may be necessary to focus on sectors in which the probability of reforms being achieved is relatively high.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
Future support to developing public-private partnerships (PPPs) in Indonesia would benefit from a clearer identification of the obligations, incentives, and cost-sharing arrangements among government agencies. A more thorough political economy analysis will identify constraints.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
The DMF for the Infrastructure Project Development Facility (IPDF) was not adequate to assess IPDF’s performance as an institution, with targets that were limited to the number of PPP projects. It should have included measures on the level of private sector investment in infrastructure in general, and specifically on PPP projects, together with some regional comparisons.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
It is important that ADB and development partners, in general, understand not only the formal but also informal institutional settings, particularly how government officials at different levels interact. A more thorough political economy analysis will identify constraints.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
The policy matrix should have been streamlined to focus on the achievements of substantive key actions.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
The capacity of local governments may vary, hence, particular attention on capacity building is likely to be necessary at this level.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
A well-functioning project steering committee could have played a role in identifying and addressing the consultant selection issues at an earlier time. It could have also identified issues relating to agencies’ capacity to engage in PPP preparation.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
In a decentralized country like Indonesia, the role of local governments is important.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
Projects require close monitoring in the start-up phase, particularly on the initial procurement packages.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
Technical assistance will play an important role to support line ministries, and to ensure their buy-in.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
CSV