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Lesson
Fiscal reform, pensions, and capital markets reforms are inextricably linked, because of the role each plays in economic development. Subprogram 2 supported the development and approval of the Capital Market Development Strategy, 2022–2028 by government decree, which includes a commitment to develop a green bond framework. This provides a strong basis from which to develop a broader integrated program to support not just fiscal resilience but also further capital market reforms in conjunction with the Finance Sector Office.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
Well planned and logically sequenced policy actions are crucial to maximizing impact of reform programs and ensuring the sustainability of reforms.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
It might be useful to develop a climate finance strategy for the state-owned enterprises(SOE) sector, building on the experience and lessons from this program's. Assessment of the fiscal risks associated with climate change was incorporated into subprogram 2. This highlights the significant role SOEs can play in addressing climate change impacts and supporting the countries climate obligations. Given this, it might be useful to establish a climate finance strategy for the SOE sector, building on the experience and lessons from this program.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
It is imperative for SOEs to develop good corporate governance and maintain an arm's length relationship with government, regardless of whether it is a commercial or noncommercial SOE. Some of the policy actions under this program were designed to improve the government's performance of its SOE ownership function. However, in addition to these policy actions, it is imperative for SOEs to proactively promote good corporate governance and develop functional autonomy from the government.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
Additional measures are necessary for the government securities market to stimulate demand from both retail and institutional investors. The program had several supply-based reforms, particularly around the primary dealer system and government bonds; however, turnover velocity was below the target, particularly for the secondary market relating to government securities. This would suggest that additional demand-based measures are as of December 2023 required for the government securities market to stimulate demand from both retail and institutional investors.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
the road construction, introduction of new legislation banning slow-moving traffic from highways,

Project Number: 48218-010
Project Name: Food Safety and Agriculture Commercialization Program
Report Date:
Lesson
It is imperative for the federal government to recognize the diversity in local government needs and provide minimum enabling conditional grants that improve education outcomes. The school education-related federal grants that went to local governments after 2018 were largely conditional and required flexibility to align with local governments’ education needs.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
Federal transition is a work in progress. As of 2023, Nepal continues to build and evolve its institutional structures as it operationalizes federal structures. Hence, the design and Implementation of a program supporting large sector programs such as the School Sector Development Plan (SSDP) Sector-Wide Approach (SWAp) need to be flexible while maintaining a balance between ambitious and incremental results.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
ADB needs to continue the RBL modality for the school education SWAp and expand to other education subsectors to leverage sequencing of results, add value to government programs, sustainably strengthen institutions, and harmonize development partners. The RBL modality encouraged substantive policy discussion and critical analysis geared towards common agreement on the key results. The government internalized the aim of achieving targets in a set time frame and linking disbursements to achieved results.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
There is a need for a comprehensive approach that fosters continuity of quality-enhancing interventions to address the persistent challenge of improving learning. Low learning starts in the early grades and continues in the higher grades. Efforts to improve learning need to start from the early grades and continue throughout the different levels of education.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
Teacher Preparation and professional development programs need to be revisited. Because of their low effectiveness, teacher professional development programs in the country urgently need to be revisited, including from the gender equityy and social inclusion perspective. Teacher Preparation courses at universities need to be reviewed, existing education training centers to be expanded and equipped to deliver modern pedagogy, and school-based teacher support systems to be instituted.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
Interventions to strengthen sector resilience need to be broadened to improve system readiness for future challenges to learning continuity. After the 2015 earthquake, significant effort was directed towards improving school sector resilience against disasters triggered by natural hazards and climate change. The COVID-19 pandemic highlighted new challenges that can impinge on learning continuity, with disproportionate effects on students from poor socioeconomic backgrounds and deprived communities.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
Future school infrastructure development requires a comprehensive approach based on the school’s operational viability. To meet school needs, the School Sector Development Plan adopted an ad hoc, piecemeal approach to school infrastructure development. In future, a comprehensive approach, based on the school's operational viability and as practiced in this intervention's model school program, needs to be undertaken especially because of the changing demographic dynamics that have resulted in school mergers and closures.

Project Number: 49424-001
Project Name: Supporting School Sector Development Plan
Report Date:
Lesson
Difference in the number of affected assets identified at appraisal and the actual count during implementation can lead to delays in safeguards implementation, which can be worsened by the executing agency's lack of capacity and reliance on short-term, limited consulting inputs. There was a 24% increase in the number of affected structures and households during implementation compared to the estimate at appraisal.

Project Number: 38350-013
Project Name: South Asia Subregional Economic Cooperation Road Connectivity Project
Report Date:
Lesson
ADB and the executing agency should agree on all terms related to the payment of vulnerable allowances to affected people during project appraisal. Vulnerable allowances under this project could not be paid on time due to the absence of recognition of ADB's resettlement plan provisions in country practice.

Project Number: 38350-013
Project Name: South Asia Subregional Economic Cooperation Road Connectivity Project
Report Date: