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Lesson
Progress fairly steady but slow. Implementation of the EFRP (Economic and Financial Reform Program) has been satisfactory but has often taken longer than anticipated, particularly in the area of legislative reform. The number of policy actions and reforms monitored through the EFRP has varied greatly each year - 49 in 2010, 31 in 2011, 77 in 2012, and 29 in 2013.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Benefits of dialogue and tight focus. The tight focus of the EFRP (Economic and Financial Reform Program) and the ADB policy matrix has helped to strengthen ownership by the government. The CEWG (core economic working group) policy dialogue contains three main elements: (i) discussions on the design and implementation of the EFRP policy matrix, (ii) regular CEWG meetings, and (iii) the annual joint review missions. Policy dialogue was anchored on the EFRP matrix with its objectives of strengthened PFM, budget reform, and economic growth.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Use of country systems. The CEWG (core economic working group) process has helped to channel a growing share of development partner assistance through government systems and as a result reduce transaction costs over a narrow front of activity, and make greater use of country systems in line with development partner commitments. In 2009 - 2013, the portion of recurrent and development expenditures through budget support increased. Recurrent budget grants comprised 5.2% of total revenue and grants in 2009 and rose to 9.6% in 2013.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
Country ownership is critical to successful implementation of the EFRP. The effectiveness of the EFRP (Economic and Financial Reform Program) and the CEWG (core economic working group) mechanism has reflected the strong leadership of the minister of finance and his permanent secretary; support from the prime minister, other ministers, and senior government officials; and the commitment of development partners to support these processes.

Project Number: 46497-001
Project Name: Economic and Financial Reform Program
Report Date:
Lesson
It is problematic to use a country's overall position in the Doing Business report to monitor progress in improving the business environment and overall competitiveness. The report has been subject to criticism and methodological problems have been identified. Its usefulness for monitoring progress in similar programs lies more in monitoring the country's performance over time - particularly in indicators that are not sensitive to the representative case used by the World Bank team - rather than measuring progress against other economies.

Project Number: 41544-022
Project Name: Investment Climate Improvement Program
Report Date:
Lesson
Despite an improvement in the business environment, firms in the Kyrgyz Republic have had limited progress in developing new productive capabilities

Project Number: 41544-022
Project Name: Investment Climate Improvement Program
Report Date:
Lesson
Implementation of institutional reforms under the program was more effective and efficient when there was an adequate and detailed blueprint with clear and measurable results indicators, as well as where project-type implementation arrangements were in place to facilitate the change process (e.g., the business registration system or the new inspection process for tax administration were supported by detailed blueprints and financed through investment projects). The $2.9 million grant approved under the program cluster was thus very useful.

Project Number: 41544-022
Project Name: Investment Climate Improvement Program
Report Date:
Lesson
Targets and indicators in the DMF of program loans such as this need to be extremely conscious of exogenous factors. There is also a need for ADB program to assign focus areas for policy coordination and monitoring among ADB and other development partners so that respective contributions to policy dialogue under the different program components can be traced.

Project Number: 43191-023, 43191-013
Project Name: Economic Recovery Support Program— Subprograms 1 and 2
Report Date:
Lesson
Greater effort is needed in assessing the political and economic context to determine the chances of success of reform efforts. The program design was complex with 25 policy conditions for subprogram 1 and 38 policy conditions for subprogram 2, involving a large number of implementing agencies and reform areas. There are benefits in keeping program simple by limiting the number of reform actions, agencies involved, and the number of subprograms under a cluster.

Project Number: 41545-013, 41545-023
Project Name: Sindh Growth and Rural Revitalization Program
Report Date:
Lesson
Greater care should be taken in defining the program’s outcome deliverables.

Project Number: 41180-022
Project Name: Improved Financial Management Program
Report Date:
Lesson
Legislative changes require wider consensus building for change, capacity building, and work with policy makers and legislators.

Project Number: 41180-022
Project Name: Improved Financial Management Program
Report Date:
Lesson
For reform actions meant to assist or to protect vulnerable groups, a deeper analysis on the program design needs to be undertaken, rather than focusing on maintaining or enlarging certain budgetary allocations.

Project Number: 43152-012
Project Name: Economic Support Program
Report Date:
Lesson
Future programs should exercise closer scrutiny to ensure that outcome indicators are available and accessible.

Project Number: 43152-012
Project Name: Economic Support Program
Report Date:
Lesson
All Pacific developing member countries, including Samoa, experience great difficulty implementing long-term structural adjustment policies. While demand-side, short-term price stabilization policies may be more readily implemented, longer-term changes to land tenure and state-owned enterprises and efforts to liberalize trade and investment regimes confront a very difficult political economy environment in the Pacific islands. Governments are comfortable with short-term price reforms that pose less of a challenge to the political economy.

Project Number: 43191-013, 43191-023
Project Name: Economic Recovery Support Program - Subprograms 1 and 2
Report Date:
Lesson
Most of the benefits associated with the reforms supported under the cluster program were conditional on the final reforms to be supported under a subprogram 3, which never eventuated. To the extent that this caused reform momentum to be lost or take a risky direction, this approach risked delaying (at a minimum) or wasting years of reform effort (TA, financial resources and government commitment).

Project Number: 41545-013, 41545-023
Project Name: Sindh Growth and Rural Revitalization Program
Report Date: