The following planned TA outputs are proposed to be delivered in the period to June 2011:
(i) Strengthened Oversight of Statutory Authorities. The proposed TA will work with the Treasury-led inter-agency working group to (a) identify and seek the participation in the exercise of 10 pilot statutory authorities; (b) review available information and information systems; (c) agree key performance indicators (KPIs) and identify any additional information requirements; (d) work with agencies to design and establish the enhanced monitoring process; and (e) identify requirements and approaches for extending the enhanced monitoring process.
(ii) Improved Project Evaluation and Prioritization. The proposed TA will work with the Treasury and DNPM to (a) prepare guidance materials for economic and financial analysis of investment projects; (b) develop 3 case studies of project analysis, which are relevant to the PNG setting; and (c) conduct 4 workshops on project analysis and project financing approaches.
(iii) Improved Procurement Practices. The proposed TA will support ADB's efforts, in conjunction with Government and other development partners, to prepare an updated CPAR (or similar assessment) which will identify improvements in procurement policies and practices. The TA will also support ADB's contributions to coordinated efforts to strengthen procurement arrangements and practices. ADB's COSO will participate in this process.
(iv) Enhanced Subnational Service Delivery Monitoring. Based on the outcome of an exisiting ADB-supported pilot study of service delivery, it is proposed that the TA will support upscaling of this pilot. This will involve refining the survey instrument and methodology, and extending the survey to 10 selected districts. Districts will be selected in areas where ADB has active engagement, for instance, the Highlands provinces. District sample selection will also take into consideration the income grouping of provinces in which the district belongs. This would be in line with the NEFC's income classification of provinces based on their revenue generating capacity. Working with the NEFC, the purpose of the surveys will be to track the services that were actually delivered against the recorded expenditures and assist with diagnosis of service delivery problems.
(v) Kina-denominated Bond Issue. The proposed TA will work with the Treasury and the Bank of PNG to identify in depth the issues requiring resolution prior to any proposed issuance of an ADB-backed Kina-denominated bond. This would include consideration of institutional, regulatory, taxation and legal arrangements. A detailed roadmap towards a local currency bond issue will be prepared and agreed.
Oversight of statutory authorities strengthened
Project evaluation and prioritization improved
Procurement practices improved
Subnational service delivery monitoring enhanced
Road map for domestic bond market development prepared