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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
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 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
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
Closer coordination with PSOD at project preparation may have minimized unexpected developments in the preparation of the ensuing loan.

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
IFC and HSBC benefited from ADB’s work when it was unable to lend.

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