Search

Displaying 211 - 225 of 258

Lesson
Information technologgy training for government agencies' staff was expensive. It may be more efficient in future procurement plans to have a separate package for training in basic information and communication technology, as there are many institutions in the country that provide these services.

Project Number: 41544-072
Project Name: Investment Climate Improvement Program System Support Project
Report Date:
Lesson
ADB could have participated in the project steering committee. Without ADB's participation, the committee's decision making was constrained because its decisions were still subject to ADB's concurrence.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
The program included innovations that were new to Bhutan, so qualified local consultants were not available. Yet it was difficult to find foreign consultants who understood the Bhutanese context. The design and monitoring framework did identify �lack of qualified staff� as a risk. For future programs, however, ADB should further refine this risk to capture the tension between external expertise and local knowledge.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
There was strong continuity between ADB's earlier support to establish a credit information bureau and this project's support for a central registry. There are natural synergies between the two initiatives that increase the effectiveness and sustainability of each.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
The implementing agency should have been more involved in program design. The Ministry of Economic Affairs' Planning and Policy Division developed the program, but the Department of Cottage and Small Industry (DCSI) was responsible for implementation. The DCSI thought that some components could have been designed differently to improve their impact (e.g., the cost-sharing facility).

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
The project had a much broader reach than merely providing credit to Micro, Small, and Medium-Sized Enterprises (MSMEs). It invested in their capacities and enabling environment (e.g., the cost-sharing facility, a coordinated government MSME policy, the collateral registry) so that banks could provide and MSMEs could employ credit more efficiently. This broader reach is especially important in frontier markets where these supporting elements are generally less developed.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
The tranche release criteria were clearly defined. They provided an impetus to achieve tangible objectives that motivated the involved agencies.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
Instead of three tranches of $2 million, a better design might have been two tranches of $3 million. Regardless of the size, securing a tranche release has certain fixed administrative costs. If the tranches are small, these costs are proportionally higher and diminish the incentives to implement the preconditions for tranche release.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
Although delayed, the Micro, Small, and Medium-Sized Enterprise policy paper made effective use of consultations. Several white papers preceded it, and they solicited broad feedback that produced a strong final product. In addition, the paper included a tangible strategy and action plan that gives the Department of Cottage and Small Industry a clear work program.

Project Number: 39221-022
Project Name: Micro, Small, and Medium-Sized Enterprise Sector Development Program
Report Date:
Lesson
ADB's Financial Sector Operational Plan supports the market-based pricing approach and stipulates that projects involving credit lines need to be designed to strengthen the capacity of financial institutions intermediating the credits and such a project should comply with the Operations Manual (D6) to avoid undermining the commercial incentive for the participating financial institutions to competitively mobilize finances and distorting the credit and interbank market.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
Delay in ADB's internal business processes, including the disbursement of withdrawal applications, often frustrates smooth implementation progress. Timely disbursement is critical, especially for financial intermediation loans, because financial institutions set the subloan interest rate based on the relending rate from the government and approve subloans to final borrowers only after they receive refinance from the government. Project administration requires closer attention to efficient and timely disbursement and other internal business processes.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
Small and medium enterprises (SMEs) generally suffer capacity constraints and lack skills in business development, marketing, planning, human resource management, and other business skills, which makes them less bankable. Had it been done, the capacity development technical assistance would have provided necessary skills training and improved the capacity of borrowing SMEs. Sri Lanka's Credit Information Bureau also covers SMEs.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
There may be merit in carefully reviewing donor coordination mechanisms to determine if there are more effective ways to coordinate structural and sector programs. If alternative approaches to achieving the same high level of coordination could be formulated, such techniques may allow more resources to be dedicated to each donor's programs and thereby increase the likelihood they will succeed.

Project Number: 43211-013
Project Name: Sixth Development Policy Support Program
Report Date:
Lesson
Numerical targets such as gross domestic product growth rate and poverty incidence should be used with caution, as a global financial crisis can adversely and unexpectedly affect achievement of these targets, as was the case under Development Policy Support Program - 6.

Project Number: 43211-013
Project Name: Sixth Development Policy Support Program
Report Date:
Lesson
The program framework has proven successful in enabling the use of a flexible medium term framework that promotes ownership by the government, as was evident in the Development Policy Support Program (DPSP) series. In addition, the medium-term framework allows changing government priorities to be successfully incorporated, as occurred under DPSP-6.

Project Number: 43211-013
Project Name: Sixth Development Policy Support Program
Report Date: