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CSV
Lesson
1. Regulatory bottlenecks (such as regulatory procedures on foreign exchange and restrictions on cash transactions) that affect implementation need to be assessed more comprehensively, reviewed at appraisal, with the relevant agencies proactively involved in addressing the issues.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date:
Lesson
2. Plans should have been incorporated in the design to include a rigorous impact evaluation that establishes data from a baseline survey at the onset and another one after the project.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date:
Lesson
No new lessons

Project Number: 44318-023, 44318-025, 44318-026
Project Name: Housing for Integrated Rural Development Investment Program—Tranches 1, 2, and 3
Report Date:
Lesson
It is possible to include lower- and moderate-income households in housing loan programs.

Project Number: 44318-026
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 3
Report Date:
Lesson
ADB resident missions need to have an adequate number of project analysts.

Project Number: 44318-026
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 3
Report Date:
Lesson
The processing and implementation of separate tranches under a multitranche financing facility (MFF) can be cumbersome and inefficient.

Project Number: 44318-026
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 3
Report Date:
Lesson
Continuing assessment of FIL impacts on the finance market is crucial to fostering private sector development.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date:
Lesson
Complementary policy operations can enhance the potential of financial intermediation loans (FILs) to contribute to overall economic growth.

Project Number: 42007-014
Project Name: Small Business and Entrepreneurship Development Project
Report Date:
Lesson
Limit the policy matrix to a few critical actions. While Kiribati had an incentive to reform, the country also has limited reform capacity. It needs to focus on a few critical actions and to be clear on the development outcome of each prior action, including identifying an indicator that can be monitored. The requirement where the five largest SOEs were to submit audited accounts may have underestimated the institutional capacity that was required to achieve it.

Project Number: 47314-001
Project Name: Kiribati: Strengthening Fiscal Stability Program
Report Date:
Lesson
Clarity between the policy matrix and the DMF is important for monitoring and evaluating results. A clear line between the prior actions and the overall development outcome is important so that the program achievements can be judged consistently.

Project Number: 47314-001
Project Name: Kiribati: Strengthening Fiscal Stability Program
Report Date:
Lesson
TA support is important. If a TA grant is not directly provided to support reform implementation, it is important to link reforms to existing areas of technical assistance. ADB helped support SOE reforms before and after grant release, so there was existing support in the area, which would continue after the PBL. The program also benefited from the government and development partners creating a joint policy matrix, which listed a series of policy actions that preceded grant release and supported a post-partnership framework.

Project Number: 47314-001
Project Name: Kiribati: Strengthening Fiscal Stability Program
Report Date:
Lesson
Joint donor support in a small country can provide a significant incentive for reform. Joint support provides an incentive because of its potential significance in overall GDP. Nevertheless, it is still important that reform is country-owned. In Kiribati, the government could see the cost of maintaining its existing fiscal policy because of its negative impact on the RERF, so the external shock also provided an incentive to reform.

Project Number: 47314-001
Project Name: Kiribati: Strengthening Fiscal Stability Program
Report Date:
Lesson
A realistic schedule increases the likelihood of project success.

Project Number: 44318-025
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 2
Report Date:
Lesson
ADB deployment of international specialists to work full-time on projects favors successful implementation.

Project Number: 44318-025
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 2
Report Date:
Lesson
Down-streaming housing loans to moderate− and lower−income beneficiaries, with a focus on women, is feasible with the right approaches and activities.

Project Number: 44318-025
Project Name: Housing for Integrated Rural Development Investment Program - Tranche 2
Report Date:
CSV