Regional: Enhancing Financial Disclosure Standards in Transitional Economies

Sovereign Project | 36247-022 Status: Closed


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Project Name Enhancing Financial Disclosure Standards in Transitional Economies
Project Number 36247-022
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6249-REG: Enhancing Financial Disclosure Standards in Transitional Economies
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Finance sector development

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location The four transitional economies (TEs) identified are: Kyrgyz Republic, Mongolia, Kazakhstan and Uzbekistan

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation

Business Opportunities

Consulting Services A team of one international consultant and four domestic consultants will be recruited from an international firm to provide a total of 21 person-months' services between April and October 2006. The international consultant will be the team leader and will assume overall responsibility for the team's output. He must be a Chartered Accountant/Certified Public Accountant and is a member of an International Federation of Accountants (IFAC) member institute. The four domestic consultants must be professional accountants and will be selected by ADB on the recommendation of the team leader in consultation with the Ministries of Finance in Kazakhstan, Mongolia, Uzbekistan and the State Commission on Financial Reporting and Auditing (SCFRA) in the Kyrgyz Republic. All consultants will be recruited by ADB according to ADB's Guidelines on the Use of Consultants and other arrangements satisfactory to ADB.
Procurement None

Responsible Staff

Responsible ADB Officer Radhakrishna Narasimham
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines


Concept Clearance 10 Mar 2002
Fact Finding 20 May 2005 to 27 May 2005
Approval -
Last Review Mission -
PDS Creation Date 02 Aug 2007
Last PDS Update 15 Oct 2008

TA 6249-REG

Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Aug 2005 - 08 Aug 2005 31 Oct 2006 31 Dec 2008 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
500,000.00 0.00 0.00 0.00 0.00 0.00 500,000.00 08 Aug 2005 401,871.04

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

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