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Lesson
A thorough assessment of the financial management capacity of executing agencies (EAs) is required to mitigate the risk of financial issues disrupting project implementation or leading to non-compliance to loan covenants/grant agreements. The Agency for Land Reclamation and Irrigation (ALRI), the EA for 2 of this project’s 4 intended outputs, did not monitor the commercial bank that held the advance accounts for said outputs. When the bank became insolvent, part of the advance accounts was frozen, and was refunded only after government intervention albeit with significant delay.

Project Number: 45389-001, 45389-002, 45389-003, 45389-004
Project Name: Building Climate Resilience in the Pyanj River Basin
Report Date:
Lesson
A project focusing on microfinance could help remove obstacles to micro-insurance or other risk transfer schemes in the agricultural sector. The project did not create a market for micro-insurance as envisaged.

Project Number: 45389-001, 45389-002, 45389-003, 45389-004
Project Name: Building Climate Resilience in the Pyanj River Basin
Report Date:
Lesson
Embedding critical microfinance institution (MFI) performance indicators in the project monitoring system promotes transparency and allows assessment of performance and corrective actions when needed.

Project Number: 45229-001
Project Name: Access to Green Finance Project: Project Completion Report
Report Date:
Lesson
It is important for green finance to be supported by robust product development.

Project Number: 45229-001
Project Name: Access to Green Finance Project: Project Completion Report
Report Date:
Lesson
Navigating the appropriate financing size and institutional requirements of the CPRO while developing its scope and short- to medium-term directions demanded strong collaboration and coordination among ADB departments.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
Strong coordination and regular communication between the ADB and government counterpart teams are key to the speedy processing and successful implementation of crisis response programs like the CPRO.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
The COVID-19 Pandemic Response Option (CPRO) is an effective crisis response measure with development results that may be enhanced through additional similar assistance from ADB and other donors.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
The economic benefits of regional transport corridors cannot be maximized without common recognition by target user countries of the international status of the facilities and the upgrading of all connecting, feeder roads.

Project Number: 46543-002
Project Name: Central Asia Regional Economic Cooperation Corridors 3 and 5 Enhancement Project
Report Date:
Lesson
Sufficient training is needed for the success of the performance-based maintenance (PBM) of the project roads.

Project Number: 46543-002
Project Name: Central Asia Regional Economic Cooperation Corridors 3 and 5 Enhancement Project
Report Date:
Lesson
The vehicle axle load control planned by the government needs to push through and be operated well to maintain the structural integrity and promote the sustainability of a section of the project road

Project Number: 43439-013, 43439-023, 43439-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
Thorough consideration of the local construction market and existing prices will contribute to more reliable project cost estimates.

Project Number: 43439-013, 43439-023, 43439-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
Immediate and proper recognition by both ADB and the government counterparts of implementation delays, followed by the execution of prompt resolutory measures, will reduce the delays as well as their unintended consequences.

Project Number: 43439-013, 43439-023, 43439-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
Required capacity development activities and targets should be well specified in the main proposal document, the Report and Recommendation of the (ADB) President (RRP).

Project Number: 43439-013, 43439-023, 43439-033
Project Name: Central Asia Regional Economic Cooperation Corridor 2 (Mangystau Oblast Sections) Investment Program (Multitranche Financing Facility and Tranche 2)
Report Date:
Lesson
The transition to market-based economic systems may entail the privatization of state-owned enterprises.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date:
Lesson
Making private sector development truly sustainable requires transforming governance and public institutions and administration in a manner suited to the development of market-based systems.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date: