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Lesson
Some achievements are initial gains which need further deepening and sustaining. These include revenue mobilization; the financial management information system; budget integration, particularly integration and management ofpublic investment management and asset management; and budget transparency and performance accountability.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Because of capacity constraints and experiences in legal drafting, legal and regulatory developments require a longer time which future ADB programs need to consider.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Public financial management reform is complex and requires long-term commitment and flexibility to maximize development impacts while remaining relevant to the changing environment.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
Public financial management reforms require a long-term perspective to achieve the intended objectives, which are only likely to be achieved gradually.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
While the reforms were implemented in stages, many key areas were implemented simultaneously and involved the buy-in of many stakeholders, including government line ministries.

Project Number: 49041-001, 49041-002
Project Name: Strengthening Public Financial Management Program, Subprogram 1
Report Date:
Lesson
In fragile states such as Tuvalu, all phases of the project cycle are likely to require technical assistance (TA) support. The TA was a key support during both the formulation and implementation of the Improved Fiscal and Infrastructure Management Program. Tuvalu faces difficulties due to its size, its fragility, and its vulnerability to climate change and other natural disasters. The country will continue to require consistent TA support to overcome its capacity constraints if it is to achieveits vision for a more resilient economy.

Project Number: 50377-001
Project Name: Improved Fiscal and Infrastructure
Management Program
Report Date:
Lesson
Continued investment in policy dialogue is essential to ensure sustainability and the best resilience outcomes for the country. The policy actions identified in the program’s policy matrix, as well as future target actions identified in the follow-on program’s post-program policy framework, provide an opportunity to further strengthen DRM in Palau and to identify gaps and needs for future support in DRM. The program initiated a long-term policy dialogue with Palau for ADB assistance for DRM.

Project Number: 52018-001
Project Name: Disaster Resilience Program
Report Date:
Lesson
Compliance with financial covenants on institutional reforms and asset valuation and reconciliation, need a high level of commitment, capacity, and resources from the executing agency. Further, substantial changes in state-owned enterprises take time to get implemented in full. Despite efforts made by executing agency, the Assam Power Generation Corporation Limited (APGCL), lack of capacity and resources resulted in some of loan covenants to be achieved only partially.

Project Number: 47101-002
Project Name: Assam Power Sector Investment Program - Tranche 1
Report Date:
Lesson
Planning for efficient resource use in advance adequately addresses the situation when the full output cannot be delivered

Project Number: 45506-002
Project Name: Gansu Jiuquan Integrated Urban Environment Improvement Project
Report Date:
Lesson
A structured, holistic, and sequential approach, backed by a comprehensive, medium- to long-term program and sufficient technical assistance (TA,) is critical to the success of financial market reforms. A wide range of reforms covering key pillars of the financial system was incorporated in this program nto enhance legislation, improve regulatory frameworks, introduce new initiatives, and support sustainable capacity building using a structured and sequential approach over the medium term.

Project Number: 51252-003, 51252-004, 51252-005
Project Name: Financial Market Development Program
(Subprograms 1; 2; and 3)
Report Date:
Lesson
Multidimensional programs need to have a balance on types of indicators but should take care to ensure that progress in threshold indicators can be properly recognized in the design and monitoring framework (DMF). Only 9 of the 12 unique output indicators between subprograms 1 and 2 had been achieved or almost achieved. Of these 9 achieved output indicators, 7 were binary , i.e., they only take the value of achieved or not achieved. The output indicators not achieved had specific numerical targets that had not been met.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program - Subprograms 1 and 2)
Report Date:
Lesson
Appropriately designing the project performance monitoring system during design stage would ensure that it captures accurate and necessary baseline and monitoring data for better tracking and assessing project performance.

Project Number: 49215-001
Project Name: Earthquake Emergency Assistance Project
Report Date:
Lesson
Political support, and ultimately political accountability, is an essential component of institutional reform. An early back-to-office report (September 2014) stated that the government appreciated the importance of promoting a better business environment in the context of the private sector’s contribution to growth in gross domestic product. The government set up a Consultative Council on Reduction of Business Inspecting Agencies, chaired by the First Deputy Prime Minister to monitor implementation progress. All policy actions were completed.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program - Subprograms 1 and 2)
Report Date:
Lesson
Continued implementation of regular reform programs even under crisis situations demands a strong partnership between ADB and the government. This program continued and strengthened ADB’s support to improve the country’s macroeconomic performance under the Economic Stabilization Program initiated by the government in 2019. Sustained implementation of the program allowed the government to continue with policy reforms while fighting the pandemic.

Project Number: 52049-001, 52049-003
Project Name: Trade and Competitiveness Program – Subprograms 1 and 2
Report Date:
Lesson
The post-program partnership framework (P3F) provides a very effective platform for ensuring the continuity and sustainability of reforms put in place by policy-based loan (PBLs). It has provided ADB with a platform for monitoring the implementation of the reforms set into motion by this PBL and proved very effective in promoting the continuity and sustainability of reforms.

Project Number: 52049-001, 52049-003
Project Name: Trade and Competitiveness Program – Subprograms 1 and 2
Report Date: