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Lesson
The TCR presented a statement of fact rather than a lesson learned. One related lesson is that appropriate incentives and capacity building measures contribute to improved staff performance and help reduce reliance on consultants.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Based on the statement in the TCR, it is not clear how IFC and HSBC benefited from ADB’s work and what lessons were learned.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Development of a realistic consultant hiring strategy, including options for various scenarios, is critical to the success of a TA project such as this, given the difficulty in hiring specialty skills for consulting assignments. Also, a well-formulated human resource strategy concerning the use of internal staff resources at the outset effectively supports TA project implementation. Project design required the hiring of consultants but their services were not secured on time. The TCR noted that two Kazpost staff did the work that was envisaged to be done by an external consultant.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TCR presented a finding rather than a lesson.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
There is no context given regarding what is meant by “unexpected developments” in the TCR that may point toward other ways to improve future loan preparation efforts. It would have been helpful if further details were provided as to how the Private Sector Operations Department (PSOD) could have been engaged more closely during the project preparation stage.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The statement in the TCR was a finding and not a lesson.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The statement in the TCR is not a lesson

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The content reflected in the TCR self-assessment is a statement that is not phrased as a lesson learned. To restate, one lesson learned was that completion of the business plan and development of a cash-flow model that was a critical part of the TA project goals, can increase the possibility of the ensuing loan by providing opportunity for other potential lenders to be engaged.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
A well-defined Terms of Reference for consultants, including clear alignment with the activities and delivery of outputs as well as the ability to conduct capacity building development for Kazpost staff, helps facilitate project implementation. The TCR self-assessment lacks clarity as to what feedback from PSOD would have been helpful.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The TCR stated that the deteriorating global economic situation and conservative fiscal situation, along with a change of Kazpost management, led to the non-take-up of follow-up ADB finance. The TCR also implied that there could have been a follow up loan had there been closer cooperation between PSOD and the TA team. Under these constraining circumstances, closer cooperation between PSOD and the TA team increases the chances of leading to the follow-up ADB loan.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
During the TA’s implementation, which was to prepare an ensuing loan for PSOD, the resident mission should have obtained regular feedback from PSOD.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The most critical aspect of the TA design was the development of a business plan and cash flow model. These addressed the concept clearance and initial due diligence processes of potential lenders.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Kazpost was just one example of many unsuccessful ADB attempts in non-sovereign lending to Kazakhstan state owned enterprises from 2005–2010. The TA team (Central and West Asia Department/ Kazakhstan Resident Mission) and PSOD should have worked more closely in preparing the ensuing loan. Subsequently, enhanced collaboration of PSOD and Central and West Asia Department [was] further established, which resulted in the first loan to a state-owned enterprise, Samruk Energo, in 2017.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
The successful implementation of the TA may have been compromised by inadequacies in the preparation of the TA design, notably in the identification of required expertise and in the terms of reference for the consultants.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date:
Lesson
Kazpost’s management and staff played an important role in the implementation of the TA with the active involvement of Country Director, Kazakhstan Resident Mission and the participation of staff in on-the_x005F_x0002_job training for building a robust cash flow model.

Project Number: 40552-012
Project Name: KazPost Financial Strengthening and Modernization
Report Date: