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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: