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Lesson
ADB should be fully engaged with the program, whether or not funds are to be disbursed in a particular year.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
The terms and conditions of the subsequent tranches of financing should be at least as attractive as the initial tranche to keep the borrower committed to completing the full reform program.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
Recognizing the limitations placed by cost and staff resources on ADB’s capacity to fully participate in coordination meetings in small member countries, the role of additional TA should have been carefully evaluated.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
Continued engagement by ADB would have enabled it to continue contributing its expertise to the reform process, keep itself informed of the evolving views of the government, and help clarify ADB’s future role in the reform process.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
A major constraint to the sustainability of reforms in macroeconomic management and financial sector development in small economies is the difficulty in recruiting, training, and retaining staff to undertake key analysis, supervision, and management functions.

Project Number: 46371-002
Project Name: Strengthening Economic Management Program II
Report Date:
Lesson
The introduction of a lease contract for water service delivery was innovative in the Armenia and former Soviet Union state context, which provides a model for other countries to consider.

Project Number: 46220-006
Project Name: Infrastructure Sustainability Support Program (Phase 2)
Report Date:
Lesson
Strengthening public financial management )PFM) in a country that is undertaking peace building and state restructuring is challenging; therefore, working toward a long-term horizon, in a flexible way, and with attention to sequencing and overall coherence, is essential.

Project Number: 36172-063
Project Name: Strengthening Public Management Program
Report Date:
Lesson
Procurement matters that delay project implementation are a serious issue. Knowledge of procurement procedures is a key aspect of most ADB funded projects and a lack of understanding of the two-stage process should have been rectified earlier. Further training should have been provided to the executing agency, especially since it had limited exposure to ADB procedures and to the prices of the goods and services to be procured under the project.

Project Number: 41041-013
Project Name: Public Finance Management Reform Project
Report Date:
Lesson
Better coordination with Australian Aid was an explicit part of the PRMAP from the beginning. Adjustments to ADB’s country strategy and the design of follow-on programs may be better informed if there is sharing of information during and after each intervention.

Project Number: 40003-013
Project Name: Poverty Reduction and Millennium Development Goals Acceleration Program
Report Date:
Lesson
It is problematic to use a country's overall position in the Doing Business report to monitor progress in improving the business environment and overall competitiveness. The report has been subject to criticism and methodological problems have been identified. Its usefulness for monitoring progress in similar programs lies more in monitoring the country's performance over time - particularly in indicators that are not sensitive to the representative case used by the World Bank team - rather than measuring progress against other economies.

Project Number: 41544-022
Project Name: Investment Climate Improvement Program
Report Date: