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Lesson
It is imperative for SOEs to develop good corporate governance and maintain an arm's length relationship with government, regardless of whether it is a commercial or noncommercial SOE. Some of the policy actions under this program were designed to improve the government's performance of its SOE ownership function. However, in addition to these policy actions, it is imperative for SOEs to proactively promote good corporate governance and develop functional autonomy from the government.

Project Number: 54271-001, 54271-002
Project Name: Fiscal Resilience and Social Protection Support Program (Subprograms 1 and 2)
Report Date:
Lesson
An alternatives analysis during the appraisal phase could help inform on identifying project alternatives in terms of feasibility of various technical options, and the scale as well as timing of investments. In the case of this program, there were competing views on Ulaanbaatar’s transport sector development. Such an analysis could help enhance buy-in among key stakeholders on the most appropriate alternative to pursue.

Project Number: 39256-023, 39256-024
Project Name: Urban Transport Development Investment Program (Multitranche Financing Facility andTranche 1)
Report Date:
Lesson
Equity issues need to be carefully considered and addressed in beneficiary selection and targeting. The potential for political influence in the selection of communities that would benefit from grid connection was identified as a risk. To mitigate this risk, independent consultants were engaged to develop the beneficiary selection criteria, which would eventually stipulate that (i) customers were to be within 250 meters of the transmission line, (ii) construction of the property had to be sound, and (iii) households must have the financial means to pay for the electricity provided.

Project Number: 41504-024
Project Name: Improved Energy Access for Rural Communities
Report Date:
Lesson
Appropriate contract packaging, adequate consideration of all the factors that could hinder works execution, and the incorporation in project design and implementation of risk mitigation measures are crucial to ensuring the timely completion of projects.

Project Number: 40423-053
Project Name: Rural Connectivity Investment Program - Tranche 3 and MFF
Report Date: