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Lesson
There is no context given regarding what is meant by “unexpected developments” in the TCR that may point toward other ways to improve future loan preparation efforts. It would have been helpful if further details were provided as to how the Private Sector Operations Department (PSOD) could have been engaged more closely during the project preparation stage.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The statement in the TCR was a finding and not a lesson.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The statement in the TCR is not a lesson

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The content reflected in the TCR self-assessment is a statement that is not phrased as a lesson learned. To restate, one lesson learned was that completion of the business plan and development of a cash-flow model that was a critical part of the TA project goals, can increase the possibility of the ensuing loan by providing opportunity for other potential lenders to be engaged.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
A well-defined Terms of Reference for consultants, including clear alignment with the activities and delivery of outputs as well as the ability to conduct capacity building development for Kazpost staff, helps facilitate project implementation. The TCR self-assessment lacks clarity as to what feedback from PSOD would have been helpful.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TCR stated that the deteriorating global economic situation and conservative fiscal situation, along with a change of Kazpost management, led to the non-take-up of follow-up ADB finance. The TCR also implied that there could have been a follow up loan had there been closer cooperation between PSOD and the TA team. Under these constraining circumstances, closer cooperation between PSOD and the TA team increases the chances of leading to the follow-up ADB loan.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TCR presented a statement of fact rather than a lesson learned. One related lesson is that appropriate incentives and capacity building measures contribute to improved staff performance and help reduce reliance on consultants.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Based on the statement in the TCR, it is not clear how IFC and HSBC benefited from ADB’s work and what lessons were learned.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Development of a realistic consultant hiring strategy, including options for various scenarios, is critical to the success of a TA project such as this, given the difficulty in hiring specialty skills for consulting assignments. Also, a well-formulated human resource strategy concerning the use of internal staff resources at the outset effectively supports TA project implementation. Project design required the hiring of consultants but their services were not secured on time. The TCR noted that two Kazpost staff did the work that was envisaged to be done by an external consultant.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TCR presented a finding rather than a lesson.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TA experienced delays due to difficulties in engaging experts with relevant experience. A qualified candidate for the credit rating advisor (envisaged under the TA) could not be engaged due to problems with ADB remuneration rates.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Additional TA resources to respond to lender due diligence would have been required if Kazpost had borrowed. As Kazpost did not borrow, there was no need for further funding.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Kazpost’s finance division actively participated in the implementation of the TA with regular meetings to review the status and progress of TA implementation.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Closer coordination with PSOD at project preparation may have minimized unexpected developments in the preparation of the ensuing loan.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
During the TA’s implementation, which was to prepare an ensuing loan for PSOD, the resident mission should have obtained regular feedback from PSOD.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date: