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Lesson
The development partners coordination mechanism and the rolling policy reform matrix provided the government and its development partners a framework to formulate a reform agenda, and design and implement a series of policy actions. It can be expected that this framework will continue to be valuable in supporting the government’s efforts to improve economic management.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure
Management Program
Report Date:
Lesson
In fragile states such as Tuvalu, all phases of the project cycle are likely to require technical assistance (TA) support. The TA was a key support during both the formulation and implementation of the Improved Fiscal and Infrastructure Management Program. Tuvalu faces difficulties due to its size, its fragility, and its vulnerability to climate change and other natural disasters. The country will continue to require consistent TA support to overcome its capacity constraints if it is to achieveits vision for a more resilient economy.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure
Management Program
Report Date:
Lesson
An uncomplicated program design is a key factor in achieving reform in fragile states. In countries with low public sector capacity, a single-tranche policy-based program, with all policy actions achieved prior to an ADB Board presentation, is an effective means of achieving step-by-step reforms. In the Improved Fiscal and Infrastructure Management Program, the simplicity of design was a feature of the individual policy actions, which were generally self contained and within the capability of the government to implement.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure
Management Program
Report Date:
Lesson
Actions that demonstrate the achievement of program policy matrix milestones should indicate what were achieved, rather than the process of how these were accomplished. For example, an endorsement or approval of a framework, manual, procedure, and others is not an adequate indicator to demonstrate that a policy reform was successfully accomplished, particularly in fragile and small island developing states.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure
Management Program
Report Date:
Lesson
Addressing the question, “where is it available?” the ADB policy should encourage the use of country information such as audit reports (both internal audit and external audit) to provide a wider perspective on the success of the program.

Project Number: 47318-001
Project Name: Strengthened Fiscal Sustainability Program
Report Date:
Lesson
ADB’s policy on risk assessment and risk management should be reviewed to allow for a consistent approach within projects, programs, or even across subprograms. Risk assessment is often carried out by considering a matrix of likelihood and consequential severity to define the level of risk (individually and overall) before and after the controls or mitigation strategies are in place. The PCR template should also allow for discussion on risk to explicitly consider whether the risk mitigation strategies had been successful.

Project Number: 47318-001
Project Name: Strengthened Fiscal Sustainability Program
Report Date:
Lesson
Legislative changes require wider consensus building for change, capacity building, and work with policy makers and legislators.

Project Number: 41180-022
Project Name: Improved Financial Management Program
Report Date:
Lesson
Greater care should be taken in defining the program’s outcome deliverables.

Project Number: 41180-022
Project Name: Improved Financial Management Program
Report Date: