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Displaying 1 - 2 of 2
Lesson
Well designed and adequately resourced technical assistance is critical in helping governments with limited technical capacity deliver a complex set of reforms. This is demonstrated by the broadening of the tax base by implementing the goods and services tax. Collected revenue doubled during 2012–2016 with the help of sustained and targeted support from ADB starting in 2010.
Project Number:
39658-013
Project Name:
Economic Recovery Program
Report Date:
04 Sep 2018
Lesson
Successful privatization of state-owned enterprises requires strong political commitment and government ownership. The new government failed to carry forward the privatization program articulated in the report and recommendation of the President. This underlines the need for such reforms to be based on broad stakeholder consultations, and the importance of a high degree of political consensus on the goals and process of the reform.
Project Number:
39658-013
Project Name:
Economic Recovery Program
Report Date:
04 Sep 2018