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Lesson
No new lessons

Project Number: 39118-013
Project Name: Cyclone Emergency Assistance Project [Loan 2174-COO]
Report Date:
Lesson
ADB's business procedures for processing crisis response programs should be streamlined and abbreviated, as in the case of the Countercyclical Support Facility (CSF). This allows for crisis responses to be timely and prevent further deterioration of the economy.

Project Number: 43300-013
Project Name: Countercyclical Support Loan
Report Date:
Lesson
The implementation of civil works was delayed due to the time taken to reach government agreement on design, approval procedures, and project implementation unit (PIU) staffing. Early stakeholder and beneficiary involvement during project preparation is needed to ensure project quality and ownership that can minimize such delays.

Project Number: 31382-012
Project Name: Private Sector Development Program
Report Date:
Lesson
Lending Modality: Having an appropriate modality is critical. ADB's Disaster and Emergency Assistance Policy together with Achieving Development Effectiveness in Weakly Performing Countries provided a ready framework for Emergency Assistance for Post-Conflict Recovery (EAPCR).

Project Number: 42477-013
Project Name: Emergency Assistance for Post-Conflict Recovery
Report Date:
Lesson
Monitoring and evaluation framework. The overall success of the program could have been greater had the design and monitoring framework (DMF) been better designed. The impact statement could have been closer to the outcome and assumptions about investor and consumer confidence more realistic. The impact statement could have focused on maintaining sustainable and inclusive public sector spending rather than to restore the Georgian economy to the pre-war trajectory of growth and social development.

Project Number: 42529-013, 42529-023
Project Name: Growth Recovery Support Program
Report Date:
Lesson
Continued formal opportunities for dialogue on private sector development with policy makers and legislators after the second tranche had been released may have helped maintain the impetus for change in the enabling environment for private sector development. Such formal discussions with legislators may have improved their understanding of the constraints facing the sector and thereby facilitated earlier passage of key legislation.

Project Number: 31382-012
Project Name: Private Sector Development Program
Report Date:
Lesson
A program should have a well-defined exit strategy. This program was designed for implementation over 3 years with specified medium-term targets. It successfully closed upon completing subprogram 3. Without an exit strategy, the program risks reform fatigue and may encourage lax compliance with policy reforms. Introducing the post-program partnership framework during subprogram 3 proved to be effective in ensuring the sustainability of key reforms.

Project Number: 40538-013, 40538-023, 40538-033
Project Name: Development Policy Support Program Cluster
Report Date:
Lesson
ADB business procedures. While program preparation was shorter than for typical program grants and loans, streamlined and abbreviated business procedures for processing crisis response programs could allow the response to be more timely.

Project Number: 42529-013, 42529-023
Project Name: Growth Recovery Support Program
Report Date:
Lesson
Transforming state-owned enterprises and establishing an enabling environment for private sector foreign investment takes considerable time and ongoing support. Individual capacities, particularly in the executive and legislative branches of government, need to be assessed before an accurate judgement can be made of the time needed to prepare for loan effectiveness and then to implement reforms.

Project Number: 31382-012
Project Name: Private Sector Development Program
Report Date:
Lesson
Crisis response operations can be more successful if the government has well- defined implementation arrangements and monitoring mechanisms to be successful, as was the case with the KCSL.

Project Number: 43300-013
Project Name: Countercyclical Support Loan
Report Date:
Lesson
If necessary, triggers should be supported by technical assistance (TA), as were the subprogram 2 and 3 public financial management (PFM) triggers. During the review of subprogram 2 policy triggers, the government and ADB identified gaps in government budget execution, internal audit and controls, and reporting, acerbated by the underdevelopment of the government's computerized accounts system. The government asked ADB for longer-term integrated TA to strengthen its PFM framework.

Project Number: 40538-013, 40538-023, 40538-033
Project Name: Development Policy Support Program Cluster
Report Date:
Lesson
Lending Modality: The crisis in Georgia, triggered largely by exogenous shocks, has underscored the need for a suitable modality that will enable ADB to provide quick support. While ADB has a program lending policy, there is no special modality for a financial crisis response operation for Asian Development Fund countries. The special program loan in the program lending policy is limited to ordinary capital resources countries (OCR). ADB's Countercyclical Support Facility (CSF) helped disburse anti-crisis support quickly to OCR eligible countries.

Project Number: 42529-013, 42529-023
Project Name: Growth Recovery Support Program
Report Date:
Lesson
Broad consultation, awareness raising, and development of skills of key state stakeholders during loan preparation would have enhanced program implementation and possibly reduced the delays in achieving loan effectiveness.

Project Number: 31382-012
Project Name: Private Sector Development Program
Report Date:
Lesson
The success of a financial crisis response is highly contingent on the government's ability to quickly put together its own anti-crisis plan. ADB intervention can be in the form of financing for the anti-crisis plan. In the case of the KCSL, the government already had its employment-generation program (EGP) in place, and was able to use the KCSL funds immediately to finance the EGP. However, since the KCSL is a budget support instrument, it is difficult to track and link the financing with specific development results (e.g., which public works project it funded).

Project Number: 43300-013
Project Name: Countercyclical Support Loan
Report Date:
Lesson
Using numerical targets such as the tax revenue-to-gross domestic product (GDP) ratio as triggers, as initially done in subprogram 2, should be cautiously approached. Ambitious numerical targets that are not supported by a realistic reform timetable are likely to fail.

Project Number: 40538-013, 40538-023, 40538-033
Project Name: Development Policy Support Program Cluster
Report Date: