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Lesson
Program/project covenants need to have a firm basis, focusing only on those that have a clear bearing on the relevance, effectiveness, and sustainability of the intervention.

Project Number: 39538-013, 39538-035
Project Name: SOE Reform and Corporate Governance Facilitation Program (Tranche 2 and Multitranche Financing Facility)
Report Date:
Lesson
Well-defined, easy to understand, and quantifiable performance indicators are essential to the effectiveness of project design and monitoring frameworks (DMFs).

Project Number: 39538-013, 39538-035
Project Name: SOE Reform and Corporate Governance Facilitation Program (Tranche 2 and Multitranche Financing Facility)
Report Date:
Lesson
The complexity and time requirement of equitization and the risks associated with the country financial management and procurement procedures have to be carefully considered in the design of state-owned enterprise (SOE) programs in Viet Nam.

Project Number: 39538-013, 39538-035
Project Name: SOE Reform and Corporate Governance Facilitation Program (Tranche 2 and Multitranche Financing Facility)
Report Date:
Lesson
ADB should stay fully engaged with the program of reforms it is supporting, regardless of whether funds are scheduled to be disbursed or not in a particular year.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
Technical assistance, peer consultations, and stakeholder feedback strengthen the design and technical foundation of programs/projects.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
Government ownership and commitment and flexibility to adjust to changes that are crucial to the successful implementation of public sector and fiscal reforms.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
Country analysis and ownership are essential to ensuring the design efficacy and implementation success of ADB-assisted programs/projects.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
Reforms take time thus requiring sustained support from ADB.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
The success of reform programs hinges on the operability of their policy conditionalities.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
Public sector reforms in Pakistan are complex and require a comprehensive, long-term approach and perspective.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
Consistent policy dialogue and a focused agenda are crucial to the successful implementation of reforms.

Project Number: 48065-003
Project Name: Public Sector Enterprises Reform Program (Subprogram 2)
Report Date:
Lesson
Onlending terms for ADB loans, including collateral requirements, need to be carefully examined and agreed upon at project processing with the view to minimize their limiting impact on the uptake and therefore effectiveness of the financing instruments.

Project Number: 39538-023
Project Name: SOE Reform and Corporate Governance Facilitation Program – Tranche 1
Report Date:
Lesson
Pilot testing facilitates the successful implementation of complex and challenging reforms.

Project Number: 39538-023
Project Name: SOE Reform and Corporate Governance Facilitation Program – Tranche 1
Report Date:
Lesson
The terms of reference for the submission of audited project and entity-level financial statements need to be agreed upon during project preparation.

Project Number: 39538-023
Project Name: SOE Reform and Corporate Governance Facilitation Program – Tranche 1
Report Date:
Lesson
Linking disbursements to accomplishments encourages good performance.

Project Number: 39538-023
Project Name: SOE Reform and Corporate Governance Facilitation Program – Tranche 1
Report Date: