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Lesson
The design and monitoring framework (DMF) should be reviewed and updated as necessary during implementation to ensure continued alignment with other aspects of the program. The outcome and output indicators in the program DMF had been developed at appraisal for achievement over a relatively short period of 24 months. However, when program implementation was extended by 23 months to November 2019, an opportunity was missed to update the targeted dates for the indicators, which were measured about 1 year after the extended program completion date.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Project targets and indicators, to be realistic and achievable, have to be aligned with the government’s development plans as well as ADB’s country partnership strategy.

Project Number: 42180-013
Project Name: Second Public-Private Infrastructure Development Facility
Report Date:
Lesson
Project targets need to be carefully determined and adjusted as necessary to ensure that they are realistic and achievable.

Project Number: 44304-013, 44304-014, 44304-015
Project Name: Microfinance Expansion Project
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Lesson
Indicators to measure project outcomes should be carefully selected to ensure that they are sufficient, achievable, and aligned with the planned outputs.

Project Number: 43490-013
Project Name: Capital Market and Infrastructure Capacity Support Project
Report Date:
Lesson
It is important for a reform program to be supported by and anchored in a broad strategic framework that brings together both qualitative and quantitative indicators to drive, monitor, and assess the attainment of policy outcomes.

Project Number: 51059-001, 51059-002
Project Name: Improving Governance and Public Sector Efficiency Program (Subprogram 1 and Subprogram 2)
Report Date: