Regional: South Asia Forum on the Impact of Global Economic and Financial Crisis

Sovereign Project | 42502-012

Summary

To address the evolving implications of the global economic and financial crisis in South Asia, the TA will engage South Asia and DMCs in the region to exchange views and explore

ongoing and planned initiatives at country, subregional, and regional levels to address the crisis and the adverse impact on domestic economic and financial stability.

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Project Name South Asia Forum on the Impact of Global Economic and Financial Crisis
Project Number 42502-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6508-REG: South Asia Forum on the Impact of Global Economic and Financial Crisis
Technical Assistance Special Fund US$ 800,000.00
TA 6508-REG: South Asia Forum on the Impact of Global Economic and Financial Crisis (Supplementary)
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Finance sector development

Gender Equity and Mainstreaming No gender elements
Description

To address the evolving implications of the global economic and financial crisis in South Asia, the TA will engage South Asia and DMCs in the region to exchange views and explore

ongoing and planned initiatives at country, subregional, and regional levels to address the crisis and the adverse impact on domestic economic and financial stability.

Project Rationale and Linkage to Country/Regional Strategy
Impact South Asian developing member countries (DMC) cooperate in implementing measures to address the impact of the financial and economic crisis
Project Outcome
Description of Outcome A working group of South Asian policymakers discussing and identifying measures and external support needed to address financial vulnerabilities
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Country-level strategies and measures to address financial vulnerabilities identified

2. Appropriate measures from development partners to assist DMCs to address financial vulnerabilities identified

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location South Asia (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka)
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 ADB will recruit international consultants through a single source selection of a firm and will engage services of reputed international economists and resource persons.
Responsible ADB Officer Hiranya Mukhopadhyay
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 26 Nov 2008
Fact Finding 10 Mar 2008 to 24 Mar 2008
MRM -
Approval 12 Dec 2008
Last Review Mission -
PDS Creation Date 08 Jan 2009
Last PDS Update 08 Jan 2009

TA 6508-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
12 Dec 2008 - 12 Dec 2008 31 Aug 2009 31 Mar 2011 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,800,000.00 0.00 0.00 0.00 0.00 0.00 1,800,000.00 12 Dec 2008 1,402,989.43

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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