Project Name Strengthening Social Resilience Program (Subprogram 1)
Project Number 55041-001
Country / Economy Bangladesh
Project Status Active
Project Type / Modality of Assistance Loan
Technical Assistance
Source of Funding / Amount
Loan 4076-BAN: Strengthening Social Resilience Program (Subprogram 1)
Ordinary capital resources US$ 250.00 million
TA 6735-BAN: Strengthening Social Resilience Program
Japan Fund for Prosperous and Resilient Asia and the Pacific US$ 1.20 million
Loan: Strengthening Social Resilience Program (Subprogram 1)
Japan International Cooperation Agency US$ 350.91 million
TA 6735-BAN: Strengthening Social Resilience Program (Subprogram 1) - Supplementary
Technical Assistance Special Fund US$ 1.50 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Finance / Inclusive finance

Health / Health system development

Public sector management / Social protection initiatives

Gender Effective gender mainstreaming
Description

The proposed program aims to support the Government of Bangladesh in strengthening the social resilience of its people. The programmatic approach, consisting of two subprograms, is proposed to design and support sequenced policy packages and to enhance the inclusiveness and responsiveness of social development in Bangladesh

Project Rationale and Linkage to Country/Regional Strategy

Bangladesh has had considerable success in reducing poverty, lowering the poverty incidence from 48.9% in 2000 to 20.5% in 2019. However, while many people were lifted from extreme poverty, a considerable number continue to live at a subsistence level barely sustained by day work. These are the people who are highly vulnerable to shocks such as major illnesses and external events, including disasters triggered by natural hazards.

The coronavirus disease (COVID-19) pandemic significantly affected the socioeconomic situation of Bangladesh. The growth rate of its gross domestic product (GDP) decreased by 3% in 2020, from a pre-COVID-19 estimate of 8.2%. Among those hit hardest by the pandemic are poor people who faced further impoverishment, and many vulnerable people who fell back into poverty.

Continued social protection support is critical to cushioning the effects of the pandemic. The government intends to leverage the COVID-19 pandemic as an opportunity to strengthen its social protection programs as an essential means of building the resilience of the poor; supporting inclusive recovery; and working toward faster, sustainable, and resilient development.

The program is aligned with the country partnership strategy, 2016-2020 of the ADB for Bangladesh, which prioritizes investments in human capital through social programs and improved rural livelihoods; and with the operational priorities of ADB's Strategy 2030, particularly 1-addressing remaining poverty and reducing inequalities, 2-accelerating progress in gender equality, and 6-strengthening governance and institutional capacity. The program will (i) have direct positive impacts on poor, vulnerable women and men by improving the coverage of key social protection programs, (ii) contribute to gender equality by ensuring the consideration of gender-specific needs in urban health planning, and (iii) strengthen the institutional capacity for social protection by reforming the administration and management of social protection programs.

Impact

Social resilience of people strengthened (National Social Security Strategy of Bangladesh, 20212025)

Project Outcome
Description of Outcome

Responsive, inclusive, and efficient social development enhanced

Progress Toward Outcome
Implementation Progress
Description of Project Outputs
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 1st, 2nd Qtr
During Project Implementation Throughout
Business Opportunities
Consulting Services Not Applicable
Procurement Not Applicable
Responsible ADB Officer Shiroishi, Hiroko Uchimura
Responsible ADB Department Sectors Group
Responsible ADB Division Human and Social Development Sector Office (SG-HSD)
Executing Agencies
Finance Division, Ministry of Finance
Timetable
Concept Clearance 24 Mar 2021
Fact Finding 06 Apr 2021 to 07 Apr 2021
MRM 29 Apr 2021
Approval 18 Jun 2021
Last Review Mission -
Last PDS Update 13 Dec 2022

Loan 4076-BAN

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Jun 2021 22 Jun 2021 24 Jun 2021 30 Sep 2021 - 26 Aug 2021
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 250.00 Cumulative Contract Awards
ADB 250.00 22 Mar 2024 250.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 22 Mar 2024 250.00 0.00 100%

TA 6735-BAN

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Jun 2021 29 Jun 2021 29 Jun 2021 31 Dec 2023 30 Jun 2025 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,500,000.00 1,200,000.00 0.00 0.00 0.00 0.00 2,700,000.00 22 Mar 2024 738,596.25
 
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Source URL: https://www.adb.org/projects/55041-001/main