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Lesson
The development of a regulatory framework alongside the preparation of a project’s technical design could help enhance the autonomy and sustainability of water utilities. This, in turn, could lead to improved service delivery and better maintenance of project assets. Such a framework could include mechanisms for independent oversight and regulation of water utilities' operations and performance, as well as the provision of clear guidelines and policies for tariff setting and cost recovery, among other aspects.

Project Number: 41403-013
Project Name: Urban Water Supply Project
Report Date:
Lesson
Long-term engagement establishes understanding and trust, which are vital for any reform program to succeed but indispensable for the finance sector, where policy actions such as those relating to interest rates or foreign exchange may involve significant externalities. A new program dedicated to financial sector reform is not in the offing, but this lag provides ADB an opportunity to re-enter the sector and focus on targeted subsectors such as financial inclusion and capital markets.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date:
Lesson
When designing results frameworks, the use of policy actions as results indicators should be minimized. If the indicator measures the reform success by the completion of the policy actions, it provides little information on the success of that policy action and undermines the relevance of the policy action for no result is achieved other than itself.

Project Number: 53248-001
Project Name: Second Public Efficiency and Financial Markets Program
Report Date:
Lesson
The transformative policy, institutional reforms, and student- and teacher-centered approaches are key to the progressive improvement of the upper secondary education (USE) subsector in Cambodia. The dropout rate of 8.0% among science scholarship recipients was low compared with the national average of 18.5% in USE, and science stream students performed better in the grade 12 exam in terms of higher scores compared to their peers in the social science stream.

Project Number: 47136-003
Project Name: Upper Secondary Education Sector Development Program
Report Date:
Lesson
Some achievements are initial gains which need further deepening and sustaining. These include revenue mobilization; the financial management information system; budget integration, particularly integration and management ofpublic investment management and asset management; and budget transparency and performance accountability.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Because of capacity constraints and experiences in legal drafting, legal and regulatory developments require a longer time which future ADB programs need to consider.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Public financial management reform is complex and requires long-term commitment and flexibility to maximize development impacts while remaining relevant to the changing environment.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Public financial management reforms require a long-term perspective to achieve the intended objectives, which are only likely to be achieved gradually.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
While the reforms were implemented in stages, many key areas were implemented simultaneously and involved the buy-in of many stakeholders, including government line ministries.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
The use of technical assistance loans should be carefully deliberated to ensure strong and sustained government commitment at the design stage.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date: