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Lesson
Cofinancing expands possible project activities and outputs. Cofinancing from the Financial Sector Development Partnership Special Fund (FSDPSF) for this project allowed a more comprehensive set of deliverables and activities under outputs 1, 3, and 4. It provided flexibility in the use of resources, as FSDPSF beneficiaries are not differentiated according to country categories.

Project Number: 53198-001
Project Name: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
Report Date:
Lesson
The design and monitoring frameworks (DMFs) of the COVID-19 Pandemic Response Option (CPRO) extracted aspects of the government’s response plan that were important to ADB and restricted the number of indicators and targets in order not to burden the government. However, this made demonstrating outcome-level achievement difficult because it relies too much on one or two indicators and targets (weak horizontal logic) and is narrowly and inadequately supported by a minimal number of outputs (weak vertical logic).

Project Number: 54178-001
Project Name: COVID-19 Rapid Response Program
Report Date:
Lesson
Guidance for completing CPRO DMFs underscored the dynamic nature of a crisis operation and the need to be prepared to strengthen, amend or add DMF indicators during implementation. The fact that this was not followed reflects a built-in lack of flexibility with DMFs (and perhaps the difficulty of making changes in accordance with existing Project Administration Instructions).

Project Number: 54178-001
Project Name: COVID-19 Rapid Response Program
Report Date:
Lesson
Post-TA financial resources should be sought and considered in order to implement the recommendations made, based on the in-depth diagnostic studies completed for Nepal and Cambodia under the TA. These recommendations will require financial contributions for the effective implementation of an adapted, coherent, transparent, and equitable property tax for all.

Project Number: 54076-001
Project Name: Strengthening Property Tax Management to Enhance Local Revenue
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Lesson
The framework for a program’s data management system should be put in place before its start to measure the achievement of targets and beneficiaries and (the ambitiousness of goals should be balanced against the availability of data and capacity to quickly augment granular data collection. Although the government has increased its focus on gender equality and has made efforts to strengthen gender data tracking, data disaggregated by sex and age of end recipients were often not available at the time of program preparation and monitoring.

Project Number: 56149-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
When designing future programs, ADB needs to encourage the government to implement long-term reforms that expand sex-disaggregated data collection and strengthen the capacity of line ministries and statistical agencies. With ADB dedicated technical assistance (TA) support, the government should promote the establishment of a monitoring and evaluation system, interagency exchange of data, and systemic links between planning, budgeting, and execution.

Project Number: 56149-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
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Lesson
Ownership of the reform process is critical and, given the experience of this, it will remain so. The reform agenda was fully in line with government and ADB strategies and priorities. This allowed for timely and quick support that resulted in comprehensive products. Detailed discussion on outcome indicators at the design stage is critical to finding the best possible indicators for measuring outcome.

Project Number: 51066-001, 51066-003
Project Name: Finance Sector and Fiscal Management Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
It is crucial to systemize the collection and dissemination of gender-disaggregated data to facilitate the conduct of gender analysis and mitigate women’s vulnerability through more effective targeting of state resource allocation. A substantial number of performance indicators under this program had specific gender targets, which ensured that the government delivered on its commitment to gender equity and gender action plans. This is important because women are usually disproportionately affected by the impacts of crises.

Project Number: 56150-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
The indicators for measuring the accomplishment of the program can be further improved by identifying more precise indicators. For instance, in addition to approval dates of policy-based actions, the inclusion of simplified monitoring and reporting arrangements under the indicative program monitoring framework should be considered as appropriate.

Project Number: 52018-001
Project Name: Disaster Resilience Program
Report Date:
Lesson
It might be useful to develop a climate finance strategy for the state-owned enterprises(SOE) sector, building on the experience and lessons from this program's. Assessment of the fiscal risks associated with climate change was incorporated into subprogram 2. This highlights the significant role SOEs can play in addressing climate change impacts and supporting the countries climate obligations. Given this, it might be useful to establish a climate finance strategy for the SOE sector, building on the experience and lessons from this program.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
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Lesson
Additional measures are necessary for the government securities market to stimulate demand from both retail and institutional investors. The program had several supply-based reforms, particularly around the primary dealer system and government bonds; however, turnover velocity was below the target, particularly for the secondary market relating to government securities. This would suggest that additional demand-based measures are as of December 2023 required for the government securities market to stimulate demand from both retail and institutional investors.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
Staffing and consultant resources for country engagement as well as technical assistance (TA) appear still limited relative to the number of countries and the program scope. ADB’s role in coordinating and systematically addressing DRM has been strengthened through the program. The attached TA has been playing a growing role in boosting ADB capacity (including for knowledge building and sharing), and the overlap and continuity of the new TA attached to the program’s fourth phase approved in 2023 is positive.

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
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Lesson
Partnerships and cofinancing possibilities need to be further explored, considering that traditional and emerging bilateral and multilateral partners have a strong presence in the Pacific which could provide opportunities for greater collaboration.

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
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Lesson
Increasing disaster risk financing (DRF) in participating DMCs is critical to reduce negative impacts on lives, livelihoods, and economic and fiscal outcomes. The program contributed to significantly higher pre-disaster financing, helping to partially fill gaps following a disaster event. Three aspects could be further explored. First, CDF was created for medium-scale disaster events that occur about every 3–10 years, whereas, in practice, qualifying events in the Pacific have occurred with greater frequency and led to higher levels of damages in certain countries.

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
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Lesson
When designing results frameworks, the use of policy actions as results indicators should be minimized. If the indicator measures the reform success by the completion of the policy actions, it provides little information on the success of that policy action and undermines the relevance of the policy action for no result is achieved other than itself.

Project Number: 53248-001
Project Name: Second Public Efficiency and Financial Markets Program
Report Date: