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Lesson
The TCR should have provided more details about consultants and their work. The TA fund was underutilized, with the consultants’ costs reduced from $370,000 to $228,000.Substantial TA outputs were also under-delivered. The TCR should have investigated and discussed why this was the case. Meanwhile, it would have been useful to also discuss the performance of ADB staff, the executing agency, and the implementing agency, in the context of under-delivered TA outputs.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date: