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Lesson
Setting output indicators in the design and monitoring framework (DMF) that are the same or identical to policy actions confuses inputs with intended changes generated by policy actions. IED notes that this has been a standard practice for policy-based loans (PBLs) approved under previous ADB guidelines for preparing DMFs. However, going forward, specifying indicators that clearly measure the intended changes of policy actions would facilitate a better assessment of results.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Comprehensive and robust diagnostics providing the rationale for the selection of policy actions are important. Using the results of these diagnostics during consultations helps stakeholders gain appreciation of the reasons for introducing policy reforms and this aids in building consensus

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Close consultation with stakeholders during project design and implementation is especially needed to address the difficulties commonly arising from finding appropriate sites for solid waste and medical waste management facilities in urban projects. Due to lack of land and higher costs of construction than estimated at appraisal, it was not possible to construct the integrated waste treatment facilities, slaughterhouses, and medical waste management facilities planned under this program. These components were eventually dropped.

Project Number: 39305-013
Project Name: Urban Public and Environmental Health Sector Development Program 
Report Date:
Lesson
Overall project success depends to a large extent on the successful implementation of risk mitigation measures carefully identified at appraisal. Weak institutional arrangements and lack of ownership saddled the implementation of this program. A lack of capacity and coordination among different agencies compounded the difficulties. The difficulties could have been minimized or avoided through the timely implementation of risk mitigation measures drawn at appraisal. The measures should be based on a thorough assessment of all potential risks throughout the project period.

Project Number: 39305-013
Project Name: Urban Public and Environmental Health Sector Development Program 
Report Date:
Lesson
The ownership and rationale of policy reforms need to be carefully assessed at appraisal. Strong ownership and consistent government support are critical to the success of program loans. As such, the ownership and rationale of policy reforms should be carefully assessed at appraisal. In assessing ownership, it is important to remember that policy actions affect many stakeholders, both within and outside the government.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
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
Continued engagement by ADB with the government is imperative. To maintain reform momentum, ADB’s continued engagement with the government is a must even after the program is completed. One mechanism could be through a post-program partnership framework. While facilitating monitoring of the borrower’s compliance with loan covenants, this will also enable ADB to identify follow-on actions where it can have value addition.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Consensus-building requires sufficient time for meaningful and in-depth consultations with various stakeholders. This program’s experience has demonstrated that building consensus between the government and the private sector, as well as among government departments, could take much longer than envisaged. The program design to strengthen the staffing of three major regulatory institutions within 2 years was optimistic, and a more realistic timeframe should have been considered. Future programs that will necessitate consensus-building should provide ample time for this type of activity.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date:
Lesson
Proactive guidance and support from ADB staff to executing agencies can significantly increase project performance.

Project Number: 42378-015
Project Name: Power System Expansion and Efficiency Improvement Investment Program (Tranche 1)
Report Date:
Lesson
Better coordination of activities for power generation capacity expansion and fuel supply pipeline improvement helps avoid delays in realizing the full efficiency gains from the investment.

Project Number: 42378-015
Project Name: Power System Expansion and Efficiency Improvement Investment Program (Tranche 1)
Report Date:
Lesson
ADB’s active intervention upfront as a project financer could help resolve potential implementation issues and avoid any complications in project implementation.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
Report Date:
Lesson
A well-programmed procurement plan and design could help avoid unnecessary costs and delays.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
Report Date:
Lesson
Given the flexibility of the MFF, if necessary, regular updating and revisions of the DMFs, including its baseline data, are expected, thus, proper documentation of these changes should be available at completion.

Project Number: 32234-013, 32234-053
Project Name: Railway Sector Investment Program (Multitranche Financing Facility and Tranche 3)
Report Date:
Lesson
Given the flexibility of the MFF, if necessary, regular updating and revisions of the DMFs, including its baseline data, are expected, thus, proper documentation of these changes should be available at completion.

Project Number: 32234-023, 32234-043, 32234-063
Project Name: Railway Sector Investment Program (Tranches 1, 2, and 4)
Report Date:
Lesson
Separate DMF for each tranche under an MFF involving subprojects can help ensure that their objectives and targets are aligned with the overall objectives and targets of the facility.

Project Number: 32234-023, 32234-043, 32234-063
Project Name: Railway Sector Investment Program (Tranches 1, 2, and 4)
Report Date:
CSV