Project Name Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 3)
Project Number 48044-005
Country / Economy Georgia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3417-GEO: Improving Domestic Resource Mobilization for Inclusive Growth Program, Subprogram 3
Ordinary capital resources US$ 50.00 million
Loan 3418-GEO: Improving Domestic Resource Mobilization for Inclusive Growth Program, Subprogram 3
Asian Development Fund US$ 50.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Finance sector development - Insurance and contractual savings - Money and capital markets

Public sector management / Public expenditure and fiscal management

Gender Effective gender mainstreaming
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Citizens, particularly women, benefit from higher living standards and more employment opportunities
Project Outcome
Description of Outcome Effective mobilization of domestic resources for increased public and private investment
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Improved treasury management of debt, cash, and fiscal risk

2. Strengthened public revenue and expenditure management

3. Enhanced generation of domestic savings

4. Increased mobilization of private resources for investment

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Tariq Niazi
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Ministry of Finance
Nodar Khaduri
16 Gorgasali St., 0114
Tbilisi
Georgia
Timetable
Concept Clearance -
Fact Finding 02 Jun 2016 to 11 Jun 2016
MRM 29 Jun 2016
Approval 31 Aug 2016
Last Review Mission -
Last PDS Update 14 Sep 2016

LoanĀ 3417-GEO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
31 Aug 2016 01 Sep 2016 06 Dec 2016 31 Dec 2016 - 30 Dec 2016
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 50.00 Cumulative Contract Awards
ADB 50.00 17 Jun 2022 50.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 50.00 0.00 100%

LoanĀ 3418-GEO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
31 Aug 2016 01 Sep 2016 06 Dec 2016 31 Dec 2016 - 30 Dec 2016
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 50.00 Cumulative Contract Awards
ADB 50.00 17 Jun 2022 48.70 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 48.70 0.00 100%
 
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Source URL: https://www.adb.org/projects/48044-005/main