The Asian Development Bank is working Samoa to strengthen its fiscal resilience and improve its macroeconomic stability.
| Project Name | Fiscal Resilience Improvement Program, Subprogram 1 | ||||||||||||||||
| Project Number | 50210-001 | ||||||||||||||||
| Country | Samoa |
||||||||||||||||
| Project Status | Closed | ||||||||||||||||
| Project Type / Modality of Assistance | Grant Loan |
||||||||||||||||
| Source of Funding / Amount |
|
||||||||||||||||
| Strategic Agendas | Inclusive economic growth |
||||||||||||||||
| Drivers of Change | Governance and capacity development Partnerships Private sector development |
||||||||||||||||
| Sector / Subsector | Public sector management / Public administration - Public expenditure and fiscal management - Reforms of state owned enterprises |
||||||||||||||||
| Gender Equity and Mainstreaming | No gender elements | ||||||||||||||||
| Description | The policy-based program is designed to improve Samoa's macroeconomic stability and to strengthen the country's fiscal resilience. It supports the government's medium-term fiscal framework (MTFF) through the implementation of the joint policy action matrix (JPAM) on public financial management (PFM) policies and processes, developed by the Government of Samoa and its development partners. The program is structured around four reform areas, including (i) reduction of fiscal drain through SOE reforms, (ii) improvement of procurement systems, (iii) improvement of debt management, and (iv) promotion of resilience to climate change and variability. Subprogram 1 has 10 policy actions while 7 policy actions are proposed for Subprogram 2. ADB will support Samoa through regional technical assistance (TA) projects for SOE reform and public sector management during the program. The ADB Private Sector Development Initiative (PSDI) TA will support a range of private sector reforms under way in Samoa that include assistance for developing a public private partnership (PPP) pipeline. PSDI will continue support for improving the business regulatory environment. Support for climate change adaptation and mitigation activities will be guided by the ADB climate change implementation plan. All the outputs are fully aligned with the JPAM. |
||||||||||||||||
| Project Rationale and Linkage to Country/Regional Strategy | The program's proposed programmatic approach consists of two subprograms, and is part of the sequenced MTFF reform process supported by development partners (including the World Bank, the governments of Australia and New Zealand, and the European Union) to help the government reduce debt and achieve fiscal consolidation, while focusing on reforms needed to build resilience and improve stability. The program is consistent with the International Monetary Fund assessment that finds fiscal consolidation is consistent with macroeconomic fundamentals, and that continued reforms will help improve the business environment. It is designed to augment ongoing PFM reforms and will be delivered within the JPAM. The program policy matrix is a subset of the JPAM. The JPAM involves regular policy dialogue between the government, the Asian Development Bank (ADB), and other development partners. The two subprograms allow flexibility for the program to respond to ongoing and new risks to the economy and shifts in government priorities. The program is consistent with the Strategy for the Development of Samoa, 2012 2016. The request for a policy-based operation in 2016 was received during JPAM discussions in 2016, and followed up during the country programming mission for the country operations business plan, 2017 2019. | ||||||||||||||||
| Impact | Macroeconomic Stability is maintained | ||||||||||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Improved fiscal resilience. |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Improved fiscal position through SOE reforms Improved procurement systems Improved debt management Promote resilience to climate change and variability |
| 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 | Veve, Emma M. |
| Responsible ADB Department | Pacific Department |
| Responsible ADB Division | Pacific Subregional Office in Suva, Fiji |
| Executing Agencies |
Ministry of Finance Ministry of Finance Government of Samoa Private Bag, Apia, Samoa |
| Timetable | |
|---|---|
| Concept Clearance | 02 Sep 2016 |
| Fact Finding | 05 Sep 2016 to 09 Sep 2016 |
| MRM | 13 Oct 2016 |
| Approval | 07 Dec 2016 |
| Last Review Mission | - |
| Last PDS Update | 12 Jun 2019 |
Grant 0525-SAM
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 07 Dec 2016 | 11 Jan 2017 | 14 Mar 2017 | 31 Mar 2017 | - | 28 Jun 2017 |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 7.50 | Cumulative Contract Awards | |||
| ADB | 5.00 | 07 Dec 2016 | 5.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 2.50 | 07 Dec 2016 | 5.00 | 0.00 | 100% |
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.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| Fiscal Resilience Improvement Program (Subprograms 1 and 2): Completion Report | Project/Program Completion Reports | Sep 2019 |
| Grant Agreement (Special Operations) for Grant 0525-SAM: Fiscal Resilience Improvement Program, Subprogram 1 | Grant Agreement | Jan 2017 |
| Fiscal Resilience Improvement Program, Subprogram 1: Report and Recommendation of the President | Reports and Recommendations of the President | Nov 2016 |
| Fiscal Resilience Improvement Program, Subprogram 1: Concept Paper | Concept Papers | Aug 2016 |
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
| Title | Document Type | Document Date |
|---|---|---|
| Samoa: Fiscal Resilience Improvement Program (Subprograms 1 and 2) | Validations of Project Completion Reports | May 2020 |
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
-
ADB, Samoa Sign Agreement to Implement Fiscal Management Reforms
ADB and the Government of Samoa today signed a policy-based grant worth $5 million to help the Pacific island nation achieve long-term fiscal stability. -
ADB Grant to Help Improve Samoa's Fiscal Management and Stability
ADB is providing a $5 million policy-based grant to help Samoa strengthen its fiscal resilience and improve Samoa’s macroeconomic stability.
Tenders
No tenders for this project were found.
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.