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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:
Lesson
Early provision of technical assistance (TA) is essential to ensure that the policy actions supported by PBLs have sufficient depth and breadth and are sequenced in a manner that will enhance the PBLs’ value-addition to realizing the targeted reforms and sustaining the reform process. The TA attached to this PBL was appropriate and focused on areas that required ADB technical support because of limitations and constraints faced by the government.

Project Number: 52049-001, 52049-003
Project Name: Trade and Competitiveness Program – Subprograms 1 and 2
Report Date:
Lesson
The ownership and rationale of policy reforms need to be carefully assessed at appraisal. Strong ownership and consistent government support are critical to the success of program loans. As such, the ownership and rationale of policy reforms should be carefully assessed at appraisal. In assessing ownership, it is important to remember that policy actions affect many stakeholders, both within and outside the government.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date: