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Lesson
The existence of a national sector strategy that serves as a blueprint to identify progress and near-term and future reforms needed to grow the sector is another reason for the suitability of the PBL programmatic approach. Government coordination and ownership of reforms articulated through a series of national sector strategies are necessary to ensure that financial sector development is based on predetermined steps, with each one supported by interagency coordination to achieve broad support for reforms.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date: 30 Nov 2023

Lesson
With financial services playing a key role in supporting the growth of the real economy while promoting inclusive finance, a comprehensive reform approach supported by technical assistance (TA) is required to make the financial sector more inclusive. As the sector continues to grow and ADB funding is limited, TA and strong development partner coordination are essential to ensure financial resources are strategically targeted, to avoid overlapping or overcrowding of assistance in particular areas at the expense of others.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date: 30 Nov 2023

Content type

  • (-) Lesson (2)

Countries

  • Cambodia (2)

Sectors

  • Finance (2)

Themes

  • (-) Private Sector Development (2)
  • Inclusive Economic Growth (3)
  • Regional Integration (1)
  • Governance and Capacity Development (3)
  • Gender Equity and Mainstreaming (3)
  • Knowledge Solutions (2)

Report Year

  • 2023 (2)

Report Source

  • Self-evaluation (2)

Report Rating

  • Successful (2)

Applicability

  • Country-level (1)
  • Sector-level (1)

Topics

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  • Beneficiary selection (1)
  • Budgeting (7)
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  • Capacity development (23)
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  • Commitment and leadership (2)
  • Coordination and engagement (1)
  • Country context (16)
  • Crosscutting issues and themes (2)
  • Data availability and baselines (7)
  • Disasters (1)
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  • Environmental (15)
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  • Roles and responsibilities (9)
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  • Sector issues (9)
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  • Skilled human resources (19)
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  • Technical (65)
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  • (-) Inter and intra government relations (2)

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