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Lesson
EAs/IAs and supreme audit institutions (SAIs) have expressed a substantial demand for capacity development initiatives focused on financial reporting and auditing practices. Increased and more frequent collaborative engagement with SAIs and private auditing firms would facilitate the prioritization of limited TA resources, allowing them to be strategically allocated to address the most critical capacity gaps. EAs/IAs staff training need to continuously focus on timely financial reporting and audit and comprehensive coverage of all project expenditures until financial closing.

Project Number: 52113-001
Project Name: Strengthening Financial Management in Asia and the Pacific, Phase 2
Report Date:
Lesson
Long-term sustainability is critical for quality assurance programs to have a lasting and meaningful impact. This needs to be considered in the design of future similar TA, learning from this TA's experience. The TA's limited implementation period contrasts with private auditor quality assurance programsm which are regular, continuous, and long-term and require methodological and financial support to sustain momentum and achieve meaningful results.

Project Number: 52113-001
Project Name: Strengthening Financial Management in Asia and the Pacific, Phase 2
Report Date:
Lesson
For a TA to enhance governance and financial management, close engagement with the DMCs’ institutions is critical for timely realizing the outputs and results.

Project Number: 52113-001
Project Name: Strengthening Financial Management in Asia and the Pacific, Phase 2
Report Date:
Lesson
Professional accounting organizations are reliable partners in initiatives to enhance the financial management capacity of DMCs. This TA benefited from an extensive network of partners from the DMCs and various Professional Accounting Organizations. This collaboration facilitated the gathering of substantive inputs localizing best international practices in auditor quality assurance programs, thereby improving the quality of the TA deliverables.

Project Number: 52113-001
Project Name: Strengthening Financial Management in Asia and the Pacific, Phase 2
Report Date:
Lesson
Broad stakeholder engagement, though time-consuming, is crucial. It enhances the quality and sustainability of outcomes by incorporating diverse insights and ensuring comprehensive solutions. This approach builds stakeholder buy-in, leverages additional resources, and fosters strong relationships, facilitating smoother project execution and promoting future cooperation, ultimately investing in time as a worthwhile endeavor for long-term success.

Project Number: 52113-001
Project Name: Strengthening Financial Management in Asia and the Pacific, Phase 2
Report Date:
Lesson
A subsequent phase with an approved budget of $9.09 million was approved on 3 October 2019. An increase in TA amount and minor change in scope memo is being processed by the user unit to include a $2 million contribution from the United States. This will be the first contribution from the United States.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
The TA design and monitoring framework was well devised with sufficient flexibility to respond to the countries’ demands and to the PRIF partners’ demands as the TA progressed—a key feature of the PRIF’s coordination arrangements.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
Fluctuations in committed and in effective financial contributions from the PRIF partners led to some uncertainties in allocating resources and in budgeting assistance programs. It was not possible to process the European Investment Bank planned cofinancing commitment of $1.1 million equivalent due to legal issues preventing the ability to conclude a cofinancing mechanism and agreement with ADB. During the TA period, ADB built on the constructive working relationship with the Governments of Australia and New Zealand.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
PRIF partner and stakeholder involvement and participation in PRIF activities, including attendance at SWG coordination meetings or support to the 51 subprojects’ implementation committees. Among the key challenges met was the wide range of assistance expectations from the PRIF partners and the stakeholders and the reconciliation of those expectations with the available PRIF CO resources. This was achieved through the dynamic “management committee/SWG” driven work prioritization mechanism.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
A total of 24 knowledge products were developed during this TA. Examples of successful and effective hand-over projects include the Pacific utilities benchmarking performance work of PRIF to the Pacific Water and Wastewater Association (PWWA) and to the Pacific Power Association (PPA). The 2016 PWWA benchmarking report was released during the Pacific Water conference and Expo in Tonga, August 2016. The report was based on the indicators developed during 2013 PWWA benchmarking exercise supported by PRIF.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
Significant changes to the PRIF CO staff (3 to 6 full time staff with 14 different consultants hired under 21 individual contracts) led to challenges in the delivery of services. An operational review conducted in 2018 proposed new operational structures to address “the need for longer-term funding certainty and broader funding base” and “the desire to provide greater stability in PRIF CO management and PRIF CO core team.” Majority of the individual consultants engaged for the TA performed satisfactorily.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
The implementation of PMC-approved activities led to the production of 78 technical reports and publications. This was executed through the recruitment of 146 consultant contracts including 6 consulting firms, 132 individual consultants and 8 resource persons.

Project Number: 46500-001
Project Name: Establishment of the Pacific Regional Infrastructure Facility Coordination Office
Report Date:
Lesson
Partnership with institutions, like the International Monetary Fund and those from developed counterparts like the Bank of Italy, has enabled us to work together and tap relevant expertise.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Working closely with government ministries can help tailor the capacity building workshops to the learning needs of the participants, as there appears to be a strong interest in acquiring enhanced monitoring techniques.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Collaborations with DMCs’ officials through two technical workshops on monitoring short-term economic growth provided forums for knowledge sharing among DMCs and with ADB on how the monitoring is conducted in different places. These activities have proven to be valuable avenues for knowledge_x005F_x0002_building activity that strengthened the capacity of ADB and DMCs to conduct macroeconomic assessment and reinforced the importance of keeping the tool kit up to date to ensure ADB’s relevance and value addition in policy dialogues.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date: