Papua New Guinea: Strengthening Fiscal, Debt, and Financial Management

Sovereign Project | 50204-002

Project Details

  • Project Officer
    Faber, Edward
    Pacific Department
    Request for information
  • Country/Economy
    Papua New Guinea
  • Sector
    • Public sector management
Project Name Strengthening Fiscal, Debt, and Financial Management
Project Number 50204-002
Country / Economy Papua New Guinea
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6867-PNG: Strengthening Fiscal, Debt and Financial Management
Technical Assistance Special Fund US$ 1.50 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

Public sector management / Economic affairs management - Public expenditure and fiscal management

Gender Equity and Mainstreaming Some gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Prudent management of fiscal policy and budget discipline attained
Project Outcome
Description of Outcome Public financial management strengthened
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Advice on enhancing fiscal management provided

Improved debt management supported

Support for strengthening budget execution controls provided

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
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 Faber, Edward
Responsible ADB Department Pacific Department
Responsible ADB Division Papua New Guinea Resident Mission
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Department of Treasury
6/F The Treasury Building, Lamana Road
P.O Box 542, Waigani Drive, NCD
Papua New Guinea
Timetable
Concept Clearance 13 Oct 2021
Fact Finding 22 Sep 2021 to 06 Oct 2021
MRM -
Approval 10 Dec 2021
Last Review Mission -
Last PDS Update 10 Dec 2021

TA 6867-PNG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
10 Dec 2021 20 Dec 2021 20 Dec 2021 31 Dec 2026 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,500,000.00 0.00 0.00 0.00 0.00 0.00 1,500,000.00 17 Jun 2022 41,463.55

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.


Related Publications

None currently available.


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Tenders

Tender Title Type Status Posting Date Deadline
Macroeconomic Advisor Individual - Consulting Closed 29 Jan 2022 12 Feb 2022
Public Finance Economist Individual - Consulting Closed 27 Jan 2022 05 Feb 2022
Public Debt Management Specialist/Advisor Individual - Consulting Closed 24 Jan 2022 30 Jan 2022

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.