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Displaying 46 - 60 of 136

Lesson
Recognizing the limitations placed by cost and staff resources on ADB’s capacity to fully participate in coordination meetings in small member countries, the role of additional TA should have been carefully evaluated.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
The program, if designed as a multitranche financing facility where disbursements are made under several tranches according to the agreed criteria, can provide better incentives for continued policy reform efforts by the government.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
Budget support from multilateral development agencies might encourage long term dependency on such support.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
The combination of long-term programmatic support and technical assistance (TA) is effective in achieving policy reforms.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program
Report Date:
Lesson
Design and monitoring frameworks (DMFs) will be most useful in monitoring and evaluation if they fully and accurately reflect the program/project intended results and their indicators.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program
Report Date:
Lesson
Continued close coordination among development partners is important to improve synergies, strengthen implementation, and enhance the impact of policy reforms in the Kyrgyz Republic.

Project Number: 41544-088, 41544-089, 41544-091
Project Name: Second Investment Climate Improvement Program
Report Date:
Lesson
Gender elements should be a default item in the menu of actions for projects and programs supporting financial inclusion.

Project Number: 46371-002
Project Name: Strengthening Economic Management Program II
Report Date:
Lesson
A major constraint to the sustainability of reforms in macroeconomic management and financial sector development in small economies is the difficulty in recruiting, training, and retaining staff to undertake key analysis, supervision, and management functions.

Project Number: 46371-002
Project Name: Strengthening Economic Management Program II
Report Date:
Lesson
Government ownership and commitment and flexibility to adjust to changes that are crucial to the successful implementation of public sector and fiscal reforms.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
ADB should stay fully engaged with the program of reforms it is supporting, regardless of whether funds are scheduled to be disbursed or not in a particular year.

Project Number: 50210-001
Project Name: Fiscal Resilience Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
A lack of assessment and monitoring of contingent liabilities causing fiscal risk and limited coverage of public financial management affecting expenditure and fiscal consolidation was an additional risk identified for subprograms 2 and 3.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
The DMF was reasonably well-designed and the performance indicators—with the exception of the initial program impact indicators—targets, and baseline data were precise and generally easily measurable. However, the PCR assessed the program against the DMF prepared for subprogram 3, which, like subprogram 2 had no indicators to measure impact, although these were included for subprogram 1.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
Continuing TA support is required to ensure the sustainability of the program, especially to enhance domestic savings (output 3), and the increased mobilization of private resources focused on mobilizing private savings (output 4). Private savings through pensions and a more developed capital market will mobilize long-term finance. These reforms, however, are long-term in nature involving legislative changes and institutional strengthening.

Project Number: 48044-001, 48044-004, 48044-005
Project Name: Improving Domestic Resource Mobilization for Inclusive Growth Program
Report Date:
Lesson
Target dates for performance indicators should be sufficiently set long after the likely date of disbursement or policy action. This is to identify a plausible causal relationship between investments and actions taken by the program and a change in the performance indicators. This was not the case in the performance indicators under output 1.

Project Number: 49083-001
Project Name: Countercyclical Support
Report Date:
Lesson
Project-level lesson: Assistance provided in response to a crisis should only include essential conditions for disbursement. ADB’s Project Administration Instructions stated that the use of conditions for withdrawal should be limited to the extent possible. In this program, four disparate conditions were included as conditions for disbursement without discussion or justification in the RRP.

Project Number: 49083-001
Project Name: Countercyclical Support
Report Date: