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Lesson
The absence of a project performance management system created difficulties in estimating the project’s economic benefits. A project performance management system would provide data on which to base more accurate EIRR estimates and the development impacts of road projects.

Project Number: 40075-023, 40075-033, 40075-043
Project Name: National Trade Corridor Highway Investment Program
Report Date:
Lesson
With the government’s response to the COVID-19 pandemic severely affecting MSMEs, risks from further implications and possible pandemics in the future need more attention in the program’s assessment moving forward.

Project Number: 48134-001, 48134-006, 48134-007
Project Name: Stepping Up Investments for Growth Acceleration Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
The absence of a project performance management system (PPMS) could create difficulties in providing basis for the estimation of a project’s economic benefits. Therefore, a well-functioning PPMS helps provide data for more accurate EIRR estimates and the development impacts of road projects.

Project Number: 41076-044
Project Name: Road Improvement and Institutional Development Project
Report Date:
Lesson
The lack of specificity in the DMF creates difficulties in assessing the development impacts of road projects. For example, a decrease in the road fatality rate in Khyber Pakhtunkhwa province was a poor indicator for road safety on the project road.

Project Number: 40075-033
Project Name: National Trade Corridor Highway Investment Program (Tranche 2)
Report Date:
Lesson
The absence of a project performance management system (PPMS) created difficulties in estimating the economic benefits of the project. A PPMS would provide data on which to base more accurate EIRR estimates and the development impacts of road projects.

Project Number: 40075-033
Project Name: National Trade Corridor Highway Investment Program (Tranche 2)
Report Date:
Lesson
The design and monitoring framework (DMF) should be reviewed and updated as necessary during implementation to ensure continued alignment with other aspects of the program. The outcome and output indicators in the program DMF had been developed at appraisal for achievement over a relatively short period of 24 months. However, when program implementation was extended by 23 months to November 2019, an opportunity was missed to update the targeted dates for the indicators, which were measured about 1 year after the extended program completion date.

Project Number: 45253-002
Project Name: Third Capital Market Development Program
Report Date: