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Displaying 16 - 27 of 27

Lesson
In conflict-affected economies, it may be more appropriate to focus reforms on (i) rebuilding capacity, (ii) institutionalizing the process of conducting sustainable reforms based on transparency and participation, and (iii) propagating good public governance principles that are likely to be more enduring.

Project Number: 37393-032, 37393-042
Project Name: Private Sector and Financial Market Development Program
Report Date:
Lesson
The approach should be supported by an agreed road map, matched closely with available institutional capacities, with enough flexibility for continuing review and corrective actions, and supported by required technical assistance, until such time that the country exhibits maturity of institutions, strong internal capacity, and political and economic stability.

Project Number: 37393-032, 37393-042
Project Name: Private Sector and Financial Market Development Program
Report Date:
Lesson
Regarding program design in small, transition economies, it may be more prudent to take a gradual approach to private sector and financial market development, taking smaller slices of the development pie (financed with single-tranche loans) within a short time horizon.

Project Number: 37393-032, 37393-042
Project Name: Private Sector and Financial Market Development Program
Report Date:
Lesson
ADB’s similar institutional reform programs in Afghanistan should include a specific and realistic strategy for capacity development, taking into account the following: (i) without absorptive capacity in ministries, very little technical skills transfer will occur; (ii) sustained recourse to resident international advisors may perpetuate the dependency of decision makers on such advisors; and (iii) in the absence of specific terms of reference for international advisors, their contributions will tend to crowd out inputs provided by the learning process of local staff

Project Number: 37393-032, 37393-042
Project Name: Private Sector and Financial Market Development Program
Report Date:
Lesson
No new lessons.

Project Number: 38122-013
Project Name: Fiscal Management and Public Administration Reform Program
Report Date:
Lesson
The primary lesson is that emergency support requires additional focus on planning and thorough preparation despite the usual time constraints. Given that conditions in such a situation are often uncertain and unreliable, project design needs to be robust to be able to deliver critical relief to the affected population.

Project Number: 36673-013
Project Name: Emergency Infrastructure Rehabilitation and Reconstruction Project
Report Date:
Lesson
Special measures need to be taken with respect to timing, cost estimations, and availability of contractors in a difficult conflict environment. Lessons learned from the resettlement component needed to be included.

Project Number: 37136-012, 37136-013
Project Name: Regional Airports Rehabilitation Project (Phase 1)
Report Date:
Lesson
Careful consideration should be given as to whether a project is really qualified for processing under emergency support modalities. In this case, the time saved from rushed preparation was subsequently lost in delays and other problems in implementation.

Project Number: 37075-013
Project Name: Andkhoy–Qaisar Road Project
Report Date:
Lesson
Project management and monitoring during implementation, especially during the initial stages, is also important. This is because at these stages, more data and information on conditions become available and enable changes to be made to the design to mitigate unforeseen factors that may risk the outcome.

Project Number: 36673-013
Project Name: Emergency Infrastructure Rehabilitation and Reconstruction Project
Report Date:
Lesson
The validation concurs with these issues and would also add that uncertainty remains regarding the Afghanistan private sector‘s overall ability to absorb credit even when available. Another uncertainty is AIB‘s ability to make up, through increased regular lending to private customers and investing in alternative assets overseas, for the inevitable loss of special situations of the sort (e.g. a sharp reduction in the US army deposits), which had provided AIB some measure of its financial success vis-à-vis very wide interest spreads gained by investing idle US Army cash balances in 12+%.

Project Number: 37903-014
Project Name: Equity Investment in Afghanistan International Bank
Report Date:
Lesson
The ownership by the government of the reform process and the leadership the government shows are absolutely critical in a postconflict scenario. This was demonstrated in the case of the leadership shown by the finance minister, which was not always matched in PMPL sectors. Given the multisectoral nature of the program and the utilization of the proceeds in various reconstruction and development projects, strong oversight mechanisms needed to be in place at the outset to ensure optimal use of and reporting on funds.

Project Number: 36231-013
Project Name: Postconflict Multisector Program
Report Date:
Lesson
There is a need for closer ADB involvement in critical early stages and greater rigor in government reporting.

Project Number: 37046-013
Project Name: Agriculture Sector Program [Loan 2083-AFG]
Report Date: