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Lesson
Political uncertainties associated with policy actions need to be carefully considered during the design and implementation of reform programs.

Project Number: 45288-002
Project Name: Punjab Development Finance Program
Report Date:
Lesson
An IT-based eGovernance system improves the efficiency and accountability of public finance management thus overall strengthening governance.

Project Number: 45288-002
Project Name: Punjab Development Finance Program
Report Date:
Lesson
The creation of fiscal space is a gradual and sequential process that needs to be balanced with the cost of economic growth.

Project Number: 45288-002
Project Name: Punjab Development Finance Program
Report Date:
Lesson
Implementable policy actions, irrespective of the governing political party, are crucial to the successful completion of PBLs.

Project Number: 45288-002
Project Name: Punjab Development Finance Program
Report Date:
Lesson
All alternatives to a technically driven policy action need to be thoroughly considered.

Project Number: 45288-002
Project Name: Punjab Development Finance Program
Report Date:
Lesson
Fiscal reforms are always difficult, requiring strong government ownership and political will and continued engagement from ADB.

Project Number: 49209-001
Project Name: Second West Bengal Development Finance Program
Report Date:
Lesson
Investment in e-governance platforms yields high returns.

Project Number: 49209-001
Project Name: Second West Bengal Development Finance Program
Report Date:
Lesson
Successful policy actions require effective government control.

Project Number: 49209-001
Project Name: Second West Bengal Development Finance Program
Report Date:
Lesson
The difficulty of getting good specialists to work on a long−term basis in remote areas such as Mizoram has to be considered in procurement packaging and consultant remuneration.

Project Number: 41607-015
Project Name: Mizoram Public Resource Management Program
Report Date:
Lesson
Procurement capacity building is a must for first−time executing agencies (EAs) of ADB−assisted projects.

Project Number: 41607-016
Project Name: Mizoram Public Resource Management Program
Report Date:
Lesson
Effective and viable political economy analysis is required to improve the design of reform programs and identify and mitigate risks.

Project Number: 41607-013
Project Name: Mizoram Public Resource Management Program
Report Date:
Lesson
Reform options have to be based on feasible governance risk assessments.

Project Number: 41607-014
Project Name: Mizoram Public Resource Management Program
Report Date:
Lesson
Policy-based programs targeting fiscal consolidation should not sacrifice economic growth by insisting on rapid and drastic fiscal adjustment in the short-term. Instead, fiscal space must be created gradually through carefully sequenced and multifaceted reforms that promote a sustainable fiscal trajectory along with economic growth. To achieve this balanced approach, revenue collection should be augmented with more efficient tax administration and an expansion of tax base instead of tax rate increases, which might hinder economic growth.

Project Number: 44453-014
Project Name: West Bengal Development Finance Program
Report Date:
Lesson
The sustained commitment by the GOWB ensured that reforms transcended short-term political considerations. For a policy-based program to be successful, sufficient resources must be devoted to cultivate dialogue with all stakeholders and institutionalize ownership of reforms.

Project Number: 44453-014
Project Name: West Bengal Development Finance Program
Report Date:
Lesson
Ensuring continuity of staff at the program directorate builds institutional memory and supports the successful implementation and sustainability of the reforms.

Project Number: 44453-014
Project Name: West Bengal Development Finance Program
Report Date: