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Lesson
No new lessons.

Project Number: 35225-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date:
Lesson
Both support facilities were critical to the crisis response of Bangladesh as no other development partners provided any crisis-related assistance or program support during the program period. However, the pricing (interest spread of 200 basis points above the London Interbank Offered Rate or LIBOR) and maturity (5 years) of the CSF loan makes it is less suitable for a poorer country like Bangladesh.

Project Number: 43157-013
Project Name: Public Expenditure Support Facility Program and Countercyclical Support Facility Support Program
Report Date:
Lesson
Compliance with the repor and recommendation of the president (RRP) recruitments. The requirements for goods and services as incorporated in the RRP and loan agreement need to be strictly followed while preparing the technical assistance project proposal (TPP) to ensure smooth TA implementation. Due to misunderstandings by the executing agency, the TPP prepared by the government was not able to meet the requirements; causing two problems.

Project Number: 35225-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date:
Lesson
Proper sequencing and program readiness. Proper sequencing of program activities is essential to ensure success. In the case of the Small and Medium Enterprise Sector Development Program (SMESDP), gaps in program readiness led to delays in its implementation. As discussed in para. 8, adoption of a two-step approach would have been more appropriate; first, the technical assistance (TA) loan to prepare the outputs needed and recommendations for implementation, followed by a second step of putting the SMESDP in place to implement the recommendations of the TA loan.

Project Number: 35225-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date: