50051-001: Improving Public Expenditure Quality Program, Subprogram 1 | Asian Development Bank

Viet Nam: Improving Public Expenditure Quality Program, Subprogram 1

Sovereign (Public) Project | 50051-001 Status: Active

IPEQ's impact is to improve the provision of infrastructure and service delivery to lift living standards and reduce poverty. The program's outcome is enhanced public financial management systems. There are three main outputs: Output 1: Public financial resources productively allocated; Output 2: Budget credibility enhanced; Output 3: Oversight and monitoring and evaluation of budget implementation improved.

Subprograms 1 and 2 are envisioned as single-tranche policy-based loans. The inclusion of a third subprogram will be discussed with the authorities during program implementation. The loan amounts reflect the country's development financing needs and indicative costs of reform. The government has requested loans of $200 million for subprogram 1 and $200 million for subprogram 2 using a combination of Asian Development Fund and ordinary capital resources financing.

Project Details

Project Officer
Nguyen, Anh Hong Southeast Asia Department Request for information
Country
  • Viet Nam
Modality
  • Loan
  • Technical Assistance
Sector
  • Public sector management
 
Project Name Improving Public Expenditure Quality Program, Subprogram 1
Project Number 50051-001
Country Viet Nam
Project Status Active
Project Type / Modality of Assistance Loan
Technical Assistance
Source of Funding / Amount
Loan 3502-VIE: Improving Public Expenditure Quality Program, Subprogram 1
Ordinary capital resources US$ 82.70 million
Loan 3503-VIE: Improving Public Expenditure Quality Program, Subprogram 1
concessional ordinary capital resources lending / Asian Development Fund US$ 117.30 million
TA 9272-VIE: Support for Improving Public Expenditure Quality Program
Technical Assistance Special Fund US$ 575,000.00
TA 9272-VIE: Support for Improving Public Expenditure Quality Program (Supplementary)
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Private sector development
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender Equity and Mainstreaming Some gender elements
Description

IPEQ's impact is to improve the provision of infrastructure and service delivery to lift living standards and reduce poverty. The program's outcome is enhanced public financial management systems. There are three main outputs: Output 1: Public financial resources productively allocated; Output 2: Budget credibility enhanced; Output 3: Oversight and monitoring and evaluation of budget implementation improved.

Subprograms 1 and 2 are envisioned as single-tranche policy-based loans. The inclusion of a third subprogram will be discussed with the authorities during program implementation. The loan amounts reflect the country's development financing needs and indicative costs of reform. The government has requested loans of $200 million for subprogram 1 and $200 million for subprogram 2 using a combination of Asian Development Fund and ordinary capital resources financing.

Project Rationale and Linkage to Country/Regional Strategy Low-quality public expenditure remains a critical development constraint to more inclusive economic growth in Viet Nam. The proposed Viet Nam Improving Public Expenditure Quality (IPEQ) Program deepens ongoing ADB support of sequenced policy measures to increase the efficiency of public expenditure and improve infrastructure and services for the people of Viet Nam.
Impact Provision of infrastructure and service delivery improved to lift living standards and reduce poverty.
Project Outcome
Description of Outcome Enhanced public financial management systems
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Public financial resources more productively allocated

2. Budget credibility enhanced

3. Oversight and M&E of budget implementation improved

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
Business Opportunities
Consulting Services

The international experts are expected to understand international best practice in these areas and be able to make policy recommendations suitable for Viet Nam.

A. International

1. Public Asset Management Specialist - 3 person-months (PM)

2. Public Debt Management Specialist - 3 PM

3. Public Investment Evaluation Specialist - 2 PM

The national consultants are expected to contribute to country assessments, facilitate country consultations, and provide other technical support.

B. National

1. Public Asset Management Specialist - 16 person-months (PM)

2. Public Debt Management Specialist - 6 PM

Responsible ADB Officer Nguyen, Anh Hong
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Viet Nam Resident Mission
Executing Agencies
Ministry of Finance
[email protected]
28 Tran Hung Dao
Hanoi, Viet Nam
Timetable
Concept Clearance 26 May 2016
Fact Finding 24 Apr 2016 to 27 Apr 2016
MRM 22 Jun 2016
Approval 13 Dec 2016
Last Review Mission -
Last PDS Update 15 Dec 2016

Loan 3502-VIE

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
13 Dec 2016 26 May 2017 - 31 Dec 2017 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 82.70 Cumulative Contract Awards
ADB 82.70 13 Dec 2016 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 13 Dec 2016 0.00 0.00 0%

Loan 3503-VIE

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
13 Dec 2016 26 May 2017 - 31 Dec 2017 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 117.30 Cumulative Contract Awards
ADB 117.30 13 Dec 2016 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 13 Dec 2016 0.00 0.00 0%

TA 9272-VIE

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
13 Dec 2016 31 Mar 2017 31 Mar 2017 31 Mar 2018 31 Mar 2020 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,575,000.00 0.00 0.00 0.00 0.00 0.00 1,575,000.00 13 Dec 2016 284,827.97

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.


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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.