fbpx 50210-001: Fiscal Resilience Improvement Program, Subprogram 1 | Asian Development Bank

Samoa: Fiscal Resilience Improvement Program, Subprogram 1

Sovereign (Public) Project | 50210-001 Status: Closed

The Asian Development Bank is working Samoa to strengthen its fiscal resilience and improve its macroeconomic stability.

Project Details

Project Officer
Veve, Emma M. Pacific Department Request for information
Country
  • Samoa
Modality
  • Grant
  • Loan
Sector
  • Public sector management
 
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
Grant 0525-SAM: Fiscal Resilience Improvement Program, Subprogram 1
concessional ordinary capital resources lending / Asian Development Fund US$ 5.00 million
Grant: Fiscal Resilience Improvement Program, Subprogram 1
Government of New Zealand US$ 2.50 million
Government of Australia US$ 2.30 million
European Union US$ 6.10 million
Loan: Fiscal Resilience Improvement Program, Subprogram 1
World Bank US$ 5.00 million
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.

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.

Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.