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Lesson
The existence of a national sector strategy that serves as a blueprint to identify progress and near-term and future reforms needed to grow the sector is another reason for the suitability of the PBL programmatic approach. Government coordination and ownership of reforms articulated through a series of national sector strategies are necessary to ensure that financial sector development is based on predetermined steps, with each one supported by interagency coordination to achieve broad support for reforms.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date:
Lesson
With financial services playing a key role in supporting the growth of the real economy while promoting inclusive finance, a comprehensive reform approach supported by technical assistance (TA) is required to make the financial sector more inclusive. As the sector continues to grow and ADB funding is limited, TA and strong development partner coordination are essential to ensure financial resources are strategically targeted, to avoid overlapping or overcrowding of assistance in particular areas at the expense of others.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date:
Lesson
Project reporting needs to be undertaken holistically to provide a comprehensive view of implementation progress and support the synergistic delivery of project outputs. The inclusion of an implementing agency, the Advanced Centre for Integrated Water Resources Management (ACIWRM), which is independent of the executing agency (EA), the Karnataka Neeravari Nigam Ltd (KNNL), created confusion in quarterly and annual reporting requirements.

Project Number: 43253-023
Project Name: Karnataka Integrated and Sustainable Water Resources Management Investment Program - Project 1
Report Date:
Lesson
Proactive and attentive ADB reviews foster project success. The implementation of this project benefitted from proactive and attentive ADB reviews. These reviews facilitated timely approval of submissions, including requests for extensions and cancelation of loan funds.

Project Number: 43253-023
Project Name: Karnataka Integrated and Sustainable Water Resources Management Investment Program - Project 1
Report Date: