The post-program partnership framework (P3F) provides a very effective platform for ensuring the continuity and sustainability of reforms put in place by policy-based loan (PBLs). It has provided ADB with a platform for monitoring the implementation of the reforms set into motion by this PBL and proved very effective in promoting the continuity and sustainability of reforms. Some of the significant reforms implemented under the P3F were the launch of an e-commerce portal, promulgation of the Pakistan Single Window Act, 2021, implementation of the automation of the Pakistan National Accreditation Council (PNAC) accreditation process, approval of the EXIM Bank Act, 2021 by the Federal Cabinet, and implementation of the integrated risk management framework for the Pakistan Single Window (PSW). However, implementation of some of these reforms has been delayed or has not yet commenced because of slow approval processes. System maintenance and sustainability issues have also hindered the progress made.
Trade and Competitiveness Program – Subprograms 1 and 2