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Lesson
The transition of PWWs into independent corporate entities requires adequate preparation to ensure they have the capacity, technical and financial management skills, and resources for viability and sustainability. To support this transition, the PMU adopted a phased and practical approach, implementing vital actions with training and technical support. The PWWs developed business planning and financial reporting systems and adopted supervisory control and data acquisition systems. The PMU has identified the first PWWs that are considered ready for the next step as a corporate entity.

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:
Lesson
The transformative policy, institutional reforms, and student- and teacher-centered approaches are key to the progressive improvement of the upper secondary education (USE) subsector in Cambodia. The dropout rate of 8.0% among science scholarship recipients was low compared with the national average of 18.5% in USE, and science stream students performed better in the grade 12 exam in terms of higher scores compared to their peers in the social science stream.

Project Number: 47136-003
Project Name: Upper Secondary Education Sector Development Program
Report Date: