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Lesson
No new lessons

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Country ownership is critical to successful implementation of the EFRP. The effectiveness of the EFRP (Economic and Financial Reform Program) and the CEWG (core economic working group) mechanism has reflected the strong leadership of the minister of finance and his permanent secretary; support from the prime minister, other ministers, and senior government officials; and the commitment of development partners to support these processes.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Progress fairly steady but slow. Implementation of the EFRP (Economic and Financial Reform Program) has been satisfactory but has often taken longer than anticipated, particularly in the area of legislative reform. The number of policy actions and reforms monitored through the EFRP has varied greatly each year - 49 in 2010, 31 in 2011, 77 in 2012, and 29 in 2013.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Benefits of dialogue and tight focus. The tight focus of the EFRP (Economic and Financial Reform Program) and the ADB policy matrix has helped to strengthen ownership by the government. The CEWG (core economic working group) policy dialogue contains three main elements: (i) discussions on the design and implementation of the EFRP policy matrix, (ii) regular CEWG meetings, and (iii) the annual joint review missions. Policy dialogue was anchored on the EFRP matrix with its objectives of strengthened PFM, budget reform, and economic growth.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Use of country systems. The CEWG (core economic working group) process has helped to channel a growing share of development partner assistance through government systems and as a result reduce transaction costs over a narrow front of activity, and make greater use of country systems in line with development partner commitments. In 2009 - 2013, the portion of recurrent and development expenditures through budget support increased. Recurrent budget grants comprised 5.2% of total revenue and grants in 2009 and rose to 9.6% in 2013.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
CSV