Search

Displaying 1 - 9 of 9

Lesson
No new lessons

Project Number: 45395-001
Project Name: Strengthened Fiscal Sustainability Program
Report Date:
Lesson
Objectives under Output 3 could have been pursued further through other ADB modalities when the AETP (Accelerating Economic Transformation Program) was discontinued (as in Output 1 on energy and social protection). The lack of structural transformation had been presented as one fundamental reason why the BOP (balance of payments) crises are recurrent in Pakistan. There was a strong consensus during subprogram 1 and subprogram 2 that resource mobilization, internal or external, is not what constrains Pakistan development in normal times (i.e. outside crisis episodes).

Project Number: 42163-013
Project Name: Accelerating Economic Transformation Program
Report Date:
Lesson
Attaching support for this reform agenda to a crisis fighting effort and to an IMF (International Monetary Fund) adjustment program was a major handicap for the AETP (Accelerating Economic Transformation Program). A multiyear pursuit of structural transformation objectives would have benefited from not being linked to the short-term financial targets that govern macroeconomic stabilization programs, crucial as they are.

Project Number: 42163-013
Project Name: Accelerating Economic Transformation Program
Report Date:
Lesson
The provisions of funds under a program loan will generally only have an immediate impact on the overall level of economic activity if a pipeline of projects is in place when the funding becomes available. This was not the case when the ERSP (economic recovery support program) subprogram 1 loan was disbursed, but the delay in capital project construction to ensure more sustainable and beneficial projects were implemented was desirable.

Project Number: 42503-013
Project Name: Economic Recovery Support Program - Subprograms 1 and 2
Report Date:
Lesson
Myanmar presented a unique opportunity for ADB to launch a deeply impactful, highly relevant series of supports to help the government rejoin the global economy, accelerate economic growth, alleviate poverty, and develop the foundations for the long-term sustainable growth of the economy. ADB's approach to reengagement was proactive and positive; through consultations with government, the appraisal team ascertained key drivers of reform and focused on those with high impact.

Project Number: 46372-001
Project Name: Support for Myanmar's Reforms for Inclusive Growth Program
Report Date:
Lesson
The government's goals were clear, leading to clear program goals. Going forward, implementation can be improved though provision of deeper, focused TA and additional engagement directly between ADB specialists and the government over extended periods of time.

Project Number: 46372-001
Project Name: Support for Myanmar's Reforms for Inclusive Growth Program
Report Date:
Lesson
The program shows that it is important to have well considered and immediately actionable support TA projects available to assist government in areas of high need, great challenge, or unfamiliarity. The three TAs implemented in support of the program reforms were effective in supporting government. The most important of these - the Support for Public Financial Management TA - is on going and should be sustained.

Project Number: 46372-001
Project Name: Support for Myanmar's Reforms for Inclusive Growth Program
Report Date:
Lesson
With the reopening of Myanmar after so many years in relative isolation, the scope of development need was massive. Clearing of arrears was only the start of development support requirements. The government was highly motivated, spurred on by the visible benefits countrywide of the change and reform agenda on which it had embarked.

Project Number: 46372-001
Project Name: Support for Myanmar's Reforms for Inclusive Growth Program
Report Date:
Lesson
Targets and indicators in the DMF of program loans such as this need to be extremely conscious of exogenous factors. There is also a need for ADB program to assign focus areas for policy coordination and monitoring among ADB and other development partners so that respective contributions to policy dialogue under the different program components can be traced.

Project Number: 43191-023, 43191-013
Project Name: Economic Recovery Support Program— Subprograms 1 and 2
Report Date: