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Lesson
Combining finance sector development and financial inclusion under an umbrella framework enables a finance sector reform program to address both supply and demand to further develop the sector. The program as originally designed was to include two subprograms. Technical assistance, provided to help the government continue the reform measures adopted in subprogram 1, was key in supporting many of the reforms programmed under subprogram 2, even as the government elected not to proceed with a second loan. Nevertheless, government elected not to proceed with a second loan.

Project Number: 49331-001
Project Name: Financial Sector Development and Inclusion Program
Report Date:
Lesson
Inadequate consideration of the project sites' topography and geological conditions in project feasibility studies and detailed engineering designs could lead to unexpected cost increases during implementation. There was a significant cost increase in land acquisition and resettlement due to changes in the project scope and additional land acquisition that needed to be undertaken because of the complex geological conditions in some sites resulting in increased civil works costs in some packages.

Project Number: 45509-002
Project Name: Chongqing Urban-Rural Infrastructure Development Demonstration II Project
Report Date: