Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date
PDS Updated as of 26 Aug 2014

Project Name Improving Portfolio and Debt Management System
Country Uzbekistan
Project/Program Number 46447-001
Status Approved
Geographical Location National
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector Public sector management
Subsector Economic and Public Affairs Management
Strategic Agendas Inclusive economic growth (IEG)
Drivers of Change Governance and capacity development (GCD)
Gender Equity and Mainstreaming Categories


Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Technical Assistance8449Technical Assistance Special Fund900
Counterpart 100
TOTAL US$ 1,000

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
Two ministries, Ministry for Foreign Economic Relations, Investments and Trade (MFERIT) and Ministry of Finance (MOF), have been closely involved in TA details to ensure a succesful delivery of this project. MFERIT will be the executing agency. MFERIT will be also the implementing agency for the component 1. MOF will be the implementing agency for the component 2.
During Project Implementation
The technical working team for component 1 will be established with members from all relevant departments within the MFERIT and line ministries managing forign-funded projects in order to work on technical matters of project management information system. Another technical working team will be established, if needed, for component 2, with members from all relevant agencies involved in debt management.


Project Rationale and Linkage to Country/Regional Strategy

Since 1996 when ADB began lending to Uzbekistan, 44 public sector loans totaling $3.3 billion have been approved. The current country portfolio contains 20 projects with 24 active loans for $2.21 billion that provide support to seven sectors. The transport sector accounts for the largest share of ADB assistance (40%), followed by energy (23%), water supply and sanitation (13%), agriculture and natural resources (11%), multisector (9%), finance (3%) and education (1%). ADB has recently expanded its operation and provided four public loans ($655 million) in 2010 and six public loans ($878 million) in 2011. Meanwhile, the World Bank approved three loans totaling $291 million in 2011 which is the largest amount provided in a year. Japan International Cooperation Agency resumed its loan operation in 2010 and has provided $250 million on average each fiscal year since then. To ensure timely delivery of results under the up-scaled operations, greater efforts are required to improve project monitoring, and portfolio management. Though the government has a high-level portfolio monitoring structure in place, only half of ADB funded projects show on-track performance in 2012, which requires further efforts to strengthen the project monitoring and portfolio management capacity. The Department of Monitoring of Implementation on Foreign Investments and Projects (DMIFIPs) of the MFERIT is responsible for monitoring, reviewing, and analyzing portfolio performance on a quarterly basis to identify key implementation issues . However, the current monitoring system requires manual collection of information from executing agencies (EAs) in spreadsheets. The DMIFIPs does not have ready data base, though monitoring of implementation of the foreign-assisted projects is of a great importance to ensure appropriate and efficient use of foreign funds to implement strategic objectives of the government development policy. Timely acquisition of data on project implementation progress, and promptly addressing issues are crucial to achieving better portfolio management. To assist the government in improving its portfolio performance monitoring system, it is important to strengthen DMIFIPs capacity to coordinate with EAs and develop a unified monitoring system. This system will enable DMIFIPs as well as EAs to: (i) establish a database of foreign-assisted projects to monitor and improve performance, and (ii) identify and single out causes of delays in project implementation in a timely manner and enable them to resolve the issues and bring the project back on schedule, and (iii) put priority efforts in improving overall portfolio performance of foreign-assisted projects in a sustainable manner. Given the country s growing debt portfolio and a shift to less concessional funding, there is also a need to strengthen Uzbekistan s public debt management. The government has introduced a number of measures to strengthen the capacity of the MOF by building a strategic and operational framework for debt management. The role of the Public External Debt Division (PEDD) of MOF in accounting, auditing, and fund flow management has been expanding, and its accountability as a service provider to line ministries is becoming more clearly defined. Effective management of data on domestic and external public debt is crucial. This will necessitate the compilation and processing of all debt-related data to enable reliable and complete internal and external reporting on debt and related issues. However, the information is currently manually recorded and maintained, which is not suitable for real-time debt management and analysis. Therefore, there is a need to have appropriate information technology system to support effective debt management. Strengthening the capacity of the PEDD and adopting an internationally recognized and used debt management system such as DMFAS , will enable MOF to develop a debt database containing detailed and aggregated data on loan contracts, bonds and grants, real operations (disbursements and debt service) as well as future operations. As the system can process large quantities of data, more time and energy can be deployed on analytical and management tasks.

Development Impact

Improved aid management in Uzbekistan

Project Outcome

Description of Outcome
Project and debt management capacity strengthened in the government of Uzbekistan
Progress Towards Outcome

Outputs and Implementation Progress

Description of Project Outputs
1. Capacity for project monitoring of MFERIT strengthened 2. Capacity for debt management of MOF strengthened
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing 2013 Jul 26
Consulting Services
ADB will engage one international consultant (2.5 person-months) as a team leader, and one national consultant (9 person-months) as a deputy team leader who will both assist in the implementation of component 1 and component 2. All consultants will be recruited on an individual basis in accordance with the Guidelines on the Use of Consultants by Asian Development Bank and Its Borrowers (2010, as amended from time to time). Consultancy services will be delivered intermittently.
The procurement of hardware and software with related services will be made by ADB and carried out in accordance with ADB s Procurement Guidelines (2010, as amended from time to time). All software and equipment will be handed over to IAs upon completion of the TA.
Procurement and Consulting Notices


Concept Clearance 24 Dec 2012
Fact-finding 16 Aug 2012 to 10 Oct 2012
Management Review Meeting
Approval 12 Sep 2013
Last Review Mission


Approval No. Approval Signing Effectivity Closing
Original Revised Actual
Technical Assistance 8449 12 Sep 2013 29 Oct 2013 29 Oct 2013 30 Sep 2014 30 Sep 2015


Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
Cumulative Disbursements

TA Amount (US$ thousand)

Approval Number Approved Amount Revised Amount Total Commitment Uncommitted Balance Total Disbursement Undisbursed Balance
Technical Assistance 8449 900 900 0 900 0 900

Contacts and Update Details

Responsible ADB Officer Thomas Robert Panella (
Responsible ADB Department Central and West Asia Department
Responsible ADB Divisions Uzbekistan Resident Mission
Executing Agencies


Project Website
List of Project Documents