China, People's Republic of: Fiscal Policy Reform and Management

Project Name Fiscal Policy Reform and Management
Project Number 47040-001
Country / Economy China, People's Republic of
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8452-PRC: Fiscal Policy Reform and Management
Technical Assistance Special Fund US$ 600,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Public sector management / Economic affairs management

Gender
Description TBD
Project Rationale and Linkage to Country/Regional Strategy TBD
Impact Improved fiscal policy and management framework for balanced development with accountability
Project Outcome
Description of Outcome Improved dialogue on fiscal policy and management
Progress Toward Outcome TA implementation is completed and achieve the target outcome.
Implementation Progress
Description of Project Outputs

Fiscal policy and management initiatives that reduce the rural urban imbalance

An updated framework for government financial reporting

Targeted, widely accessible knowledge products in support of outreach

Status of Implementation Progress (Outputs, Activities, and Issues)

All outputs were completed and required deliverables were submitted. Study tours were completed successfully.

The TA's final review found the TA identified key policy and operational principles and provided background material that deepened the understanding of key issues. This enhanced understanding was then successfully applied to prepare policy guidance, regulations etc that implemented recent reform initiatives. TA deliverables provided the foundation of policy statements, regulations, pilot projects, and knowledge products (e.g., journal articles).

The use of national consultants already active in the subject area helped ensure close links to the IAs, and a solid understanding of PRC s special circumstances. The motivation of consultants to deliver good work with a tangible impact was evident.

The final review confirmed that material prepared by international consultants on the international experience was used successfully by national consultants to provide insights relevant to the PRC.

Geographical Location Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design The Ministry of Finance actively participated in the design of the TA, which drew on the Ministry's consultation with key stakeholders.
During Project Implementation The implementing agencies within the Ministry of Finance participated actively in the selection of consultants and is leading TA implementation. The ADB project team is in regular contact with the implementing agency and consultants on their activities and the scheduling of work so as to ensure the timely completion of the TA by November 2015.
Responsible ADB Officer Zhang, Yuebin
Responsible ADB Department East Asia Department
Responsible ADB Division Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies
Ministry of Finance
Sanlihe, Xicheng District
Beijing,100820
People's Republic of China
Timetable
Concept Clearance 21 Jun 2013
Fact Finding 22 May 2013 to 24 May 2013
MRM -
Approval 18 Sep 2013
Last Review Mission -
Last PDS Update 31 Mar 2016

TA 8452-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Sep 2013 14 Oct 2013 14 Oct 2013 30 Nov 2015 - 27 May 2016
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
600,000.00 0.00 20,000.00 0.00 0.00 0.00 620,000.00 17 Jun 2022 409,705.52

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Source URL: https://www.adb.org/projects/47040-001/main