Regions and Countries

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p. 3 of 4 BACK | NEXT I. Current Development Trends and Issues II. Implementation of the Country Strategy and Program III. Portfolio Management Issues IV. Country Performance and Assistance Levels

Country Strategy and Program Update 2006-2008: Kazakhstan

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III. Portfolio Management Issues

A. Portfolio Performance

27. As of 31 December 2004, ADB had approved 12 loans for nine projects for a total of $501.6 million (of which $441.6 million was from ordinary capital resources and $60.0 million from the Asian Development Fund). Four of the 12 loans were active at the end of 2004. In addition, ADB approved 4 TA grants totaling $1.7 million in 2004. Since 1994 when Kazakhstan joined ADB, ADB has provided 55 TAs for a total of $25.06 million.

28. Contract awards in 2004 totaled $6.9 million, bringing the cumulative total for ongoing projects to $79.5 million. The 2004 contract awards ratio was 15.6%, compared with the ADB average of 17.4%. Disbursements during the year totaled $30.0 million, bringing cumulative disbursements for ongoing projects to $51.8 million. The 2004 disbursement ratio was 47.9%, compared with the ADB average of 17.7%. Portfolio performance indicators and the implementation status are in Appendix 1, Table A1.6–A1.9.

B. Performance Monitoring and Evaluation

29. In 2003, ADB started conducting a joint country portfolio review with the World Bank. ADB’s portfolio performance has been generally satisfactory. However, the need to systematize the work process has been an issue. The 2003 country portfolio review helped initiate the identification of work processes in a structured manner.

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