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39606-012: Government Owned and Controlled Corporations Reform (GOCC)
Project Data Sheet (PDS): Overview
Description
1. Help strengthen GOCC capacity to execute and build a strong performance-based agreement with the oversight agencies, such as DOF and DBM, in the performance of their mandate; 2. An operational and financial review will be conducted to support possible restructuring of GOCCs to help them better achieve outcomes and to lower their financial dependence on government3. Develop a guideline for GOCCs to improve transparency and accountability and support systems that strengthen monitoring and contr... Read More
| Country |
Philippines |
|---|---|
| Project Number | 39606-012 |
| Project Type or Modality of Assistance |
Technical Assistance |
| Financing | Public sector (Sovereign) |
| Status | Closed |
| Approval Number |
TA No. 4809 |
| Approval Date | 29 Jun 2006 |
| ADB Financing ($ thousand) | 750 |
| Geographical Location | The executing agency will be the DOF, Implementation will be carried out through the GOCC Working Group composed of representative from the DOF and DBM. Conference/workshop/brown bag will be held in the ADB HQ. |
| Sector / Subsector Classification |
Finance / Banking Systems |
| Thematic Classification | Economic growth Governance |
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.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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.
Responsible ADB Officer
Joven Z. Balbosa
Email contact form
Responsible ADB Department
Southeast Asia Department
Responsible ADB Divisions
Philippines Country Office
Executing Agencies
Department of Finance
Jeremias N. Paul, Jr.
PDS Creation Date
06 Mar 2006
Last PDS Update
08 Oct 2008