Project Name | Enhancing Debt Management and Transparency | ||||
Project Number | 55068-001 | ||||
Country / Economy | Lao People's Democratic Republic |
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Project Status | Active | ||||
Project Type / Modality of Assistance | Technical Assistance |
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Source of Funding / Amount |
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Operational Priorities | OP6: Strengthening governance and institutional capacity |
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Sector / Subsector |
Energy / Energy sector development and institutional reform Public sector management / Public expenditure and fiscal management - Reforms of state owned enterprises |
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Gender | No gender elements | ||||
Description | The proposed technical assistance (TA) supports the Government of the Lao People's Democratic Republic (Lao PDR) through the Ministry of Finance (MOF) to strengthen public debt management and promote debt transparency. | ||||
Project Rationale and Linkage to Country/Regional Strategy | |||||
Impact | Sustainable financing of public services to meet the goals of the National Socio-Economic Development Plan, 2021 2025 achieved |
Project Outcome | |
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Description of Outcome | Public debt management capacity and transparency enhanced |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | Legal frameworks for debt management and transparency enhanced Capacity for sustainable finance policies and practices strengthened Public debt data analytics and information exchange supported Public debt and contingent liability monitoring and reporting improved |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Nation-wide |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Responsible ADB Officer | Chongvilaivan, Aekapol |
Responsible ADB Department | Southeast Asia Department |
Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
Executing Agencies |
Ministry of Finance |
Timetable | |
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Concept Clearance | 31 Mar 2021 |
Fact Finding | 15 Mar 2021 to 19 Mar 2021 |
MRM | - |
Approval | 28 Sep 2022 |
Last Review Mission | - |
Last PDS Update | 28 Sep 2022 |
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
28 Sep 2022 | 14 Nov 2022 | 14 Nov 2022 | 31 Dec 2026 | - | - |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
Gov | Beneficiaries | Project Sponsor | Others | |||||
2,500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,500,000.00 | 16 Feb 2023 | 0.00 |