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Lesson
Importance of a strong commitment and ownership of the government to a reform and capacity building program such as the SMESDP.

Project Number: 33246-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date:
Lesson
One significant additional lesson is the importance of monitoring the results of reform programs even after the financial closure of the program, ensuring that the government and its various implementing agencies develop a strong sense of ownership for the reform initiatives. As pointed out in para. 19, these types of SME reform measures would usually take much longer time to achieve real outcomes on the ground.

Project Number: 34344 -013, 38335-013
Project Name: Small and Medium-Sized Enterprise Development Program Cluster (Subprograms 1 and 2)
Report Date:
Lesson
the components should be better prepared and formulated to facilitate their successful implementation

Project Number: 33167-013
Project Name: Small Business Development Project
Report Date:
Lesson
Rigorous due diligence should be carried out on the various proposed components, to ascertain their viability and increase the likelihood of their implementation in practice by obtaining firm upfront commitments from the parties that champion their promotion;

Project Number: 33167-013
Project Name: Small Business Development Project
Report Date:
Lesson
The focus and selection of project components should take into consideration the developmental context of the country and its absorptive capacity;

Project Number: 33167-013
Project Name: Small Business Development Project
Report Date:
Lesson
The need to be aware, during program design, of present or future laws that could impede reform. In this case, the passage of the Decentralization Law (2001) appears to have delayed the enactment of the investment law and to have led to the cancellation of the final loan tranche.

Project Number: 31644-013
Project Name: Industrial Competitiveness and Small and Medium Enterprise Development Program [Loan 1738-INO]
Report Date:
Lesson
One of these pertains to the linking of loan tranche releases with conditions for the passage of new laws. The passage of laws by the Parliament is normally not within the control of ADB or the government. Therefore, the question arises whether such conditions should continue to be imposed by ADB or, if such links are made, whether more time should be allowed for the laws to be passed. In this case, the delay in the passage of the investment law led to the cancellation of the final loan tranche, and thus to diminished efficiency in resource use.

Project Number: 31644-013
Project Name: Industrial Competitiveness and Small and Medium Enterprise Development Program [Loan 1738-INO]
Report Date:
Lesson
The lack of success in restructuring SME Bank also reconfirms lessons identified by IED and other development partners with regard to state bank restructuring, including labor retrenchment and incentive issues, as well as the difficulties associated with privatization such as determining an acceptable sale price and finding reputable strategic investors for a bank with an SME focus. On the positive side, the 7 ADB. 2006. Guidelines for Preparing Performance Evaluation Reports for Public Sector Operations. Manila.

Project Number: 34327-013, 34327-023
Project Name: Small and Medium Enterprise Sector Development Program [Loan 2066-2067- PAK]
Report Date: