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Lesson
Delays occurred frequently in meeting conditions of loan effectiveness, recruiting consultants, and awarding contracts.

Project Number: XXXXX
Project Name: Kali Gandaki “A” Hydroelectric Project
Report Date:
Lesson
Vigilance needs to be exercised in maintaining market-based principles for sound and sustainable microfinance operations. The issuance of EO 558 initially threatened the foundation of the government’s market-based financing strategy for the sector. It did not have any significant adverse impact on the policy environment, as the market-oriented framework was already well established and institutionalized in the sector.

Project Number: 38579-013
Project Name: Microfinance Development Program
Report Date:
Lesson
NAPC’s information system capacity should have been assessed earlier. An assessment of NAPC’s information system should have been made at the formulation stage. Policy action and TA could have been incorporated in the program design to achieve an effective and functioning information system.

Project Number: 38579-013
Project Name: Microfinance Development Program
Report Date:
Lesson
The program has successfully eased the constraints to expansion of microfinance services, but outreach to the poor needs to be improved. Within the broad context of inclusive growth, the growth and commercialization of the microfinance sector increased access to financial services, created jobs, and increased financial literacy. However, outreach to households below the poverty line remains limited.

Project Number: 38579-013
Project Name: Microfinance Development Program
Report Date:
Lesson
Key success factors are government buy-in and an appropriately designed program. The key factors that contributed to the success of the MDP were (i) the strong commitment of the government and support from stakeholders to develop the sector and achieve sustainable microfinance; and (ii) a well-designed program that appropriately addressed the key constraints, accompanied by TA to support the program objectives and a grant for capacity development.

Project Number: 38579-013
Project Name: Microfinance Development Program
Report Date:
Lesson
Developing the microfinance sector entails a comprehensive approach that addresses key constraints at all levels. First, it entails enhancing the policy and regulatory environment. Second, it means developing the market infrastructure. In the case of the MDP, it was developing and adopting the performance standards for microfinance and drafting the bill for the credit information system that was successfully passed into law. Third, it means developing the capacity of MFIs for sound and sustainable microfinance operations.

Project Number: 38579-013
Project Name: Microfinance Development Program
Report Date:
Lesson
No additional lessons

Project Number: 40909-014
Project Name: Equity Investment in Bank of Hangzhou
Report Date:
Lesson
No additional lessons

Project Number: 39905-014
Project Name: Municipal Natural Gas Infrastructure Development Project
Report Date:
Lesson
The project-commissioned monitoring inadequately reported the actual implementation issues at field level. Third party monitoring on an annual basis would improve project performance. The reporting could be in the form of back-to-office notes that outline issues in need of attention and make recommendations.

Project Number: 37027-013
Project Name: Subregional Transport Facilitation Project
Report Date:
Lesson
The government needed to review and include interim milestone dates in the contract documents to ensure timely work completion and avoid extensions. The government also needed to institutionalize a safeguard system within the organizational framework of the project, particularly during implementation, for effective monitoring and supervision of and timely compliance with safeguard covenants.

Project Number: 37027-013
Project Name: Subregional Transport Facilitation Project
Report Date:
Lesson
There were some difficulties in contract administration between the DOC and UNCTAD. Although the contract for the ASYCUDA was signed between DOR and UNCTAD, DOC was the main agency to supervise UNCTAD’s work. DOC felt that it was less effective in the UNCTAD contract implementation because it was not a party to the contract. Contract provisions should have clearly stated the role, responsibilities, and implementation arrangements of DOC.

Project Number: 37027-013
Project Name: Subregional Transport Facilitation Project
Report Date:
Lesson
The practice of international joint venture partners not actively participating in the implementation of the contracts awarded was observed during project implementation. To ensure involvement of all joint venture partners in contract administration, it would be necessary for each partner to issue a guarantee against the collateral for their individual and joint liability. Issuance of individual and joint liability along with a performance bond would ensure liability for the work among all joint venture partners.

Project Number: 37027-013
Project Name: Subregional Transport Facilitation Project
Report Date:
Lesson
No additional lessons

Project Number: 35337-013
Project Name: Guangxi Roads Development II Project
Report Date:
Lesson
No additional lessons

Project Number: 33459-013
Project Name: Xi’an Urban Transport Project
Report Date:
Lesson
No additional lessons

Project Number: 31341-013
Project Name: Lao People’s Democratic Republic: Northern Area Rural Power Distribution Project
Report Date: