Countries and Regions

	Table of Contents
p. 4 of 5 BACK | NEXT I. Country Strategy II. Current Development Trends and Issues III. Implementation of the Country Strategy and Program IV. Portfolio Management Issues V. Country Performance and Assistance Levels

Country Strategy and Program Update 2006-2008: Democratic Republic of Timor-Leste

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IV. Portfolio Management Issues

A. Portfolio Performance

21. ADB’s operations in Timor-Leste to date have comprised two distinct but linked components:

1. preparing and administering TFET-funded investment projects, and
2. preparing and administering associated and stand-alone TAs.

The six TFET-funded projects (footnote 7) total $52.8 million. Five are complete and were implemented satisfactorily. The Second Emergency Infrastructure Rehabilitation Project is now being satisfactorily implemented after overcoming earlier delays. Since 2000, 24 TAs have been approved totaling $10.05 million. The TAs have been mainly for capacity building associated with TFET executing agencies, stand-alone capacity building and advisory services in high priority areas, and project preparation. As of 31 May 2005, 9 TAs were ongoing; 4 of them closing by end-2005. Most TAs are being implemented satisfactorily.

22. ADB and World Bank mitigated the budget execution risk for TFET project execution by embedding project management units in implementing agencies. These project units in health, education, and roads are performing well and the Government may use them to help execute its own capital programs in these sectors and to strengthen implementing agencies.

B. Performance Monitoring and Evaluation

23. ADB monitors its program through regular review missions, project completion missions, project audit missions, and the active participation of the Special Office in Timor-Leste. Better monitoring of development results will henceforth be possible with this new results-based CSPU.

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