Home
Countries and Regions
Country Assistance Plans
Document
|
Country Assistance Plans - Samoa
VI. Cofinancing and Catalyzing External Resources36. The ADB has played and continues to play a strong catalytic role in strengthening of macroeconomic analysis, planning, and policy making capacity of Government institutions through its program with the TD (with parallel AusAID financing). As such, the ADB is providing critical support at the focal point of Samoa’s reform program with consequent impact on both macro-economic and sectoral efficiencies which in turn provides an improved policy framework for donors’ aid programs in Samoa. 37. The proposed education sector loan will also be coordinated with Australian assistance to the Education Department for institutional capacity building and policy formulation. There is a good opportunity for additional cooperation between donors in the education sector. To this end, close coordination with JICA, NZODA, and the EU will be maintained during processing and implementation of this loan and efforts will be made to increase the level of official cofinancing in this area. 38. There is also an opportunity for cofinancing with the IFC under
the proposed Small Business Development project as IFC has been identified
as a possible source of funds for setting up a venture capital fund under
this project.
|