| Project Name | Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 3) | ||||||||
| Project Number | 48044-005 | ||||||||
| Country / Economy | Georgia |
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| Project Status | Closed | ||||||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector |
Finance / Finance sector development - Insurance and contractual savings - Money and capital markets Public sector management / Public expenditure and fiscal management |
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| 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 |
| 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% |
| 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% |