Regional : Loan Accounting and Servicing Workshops and e-Learning for DMCs
About 15-17 workshops for an estimated 450-500 participants will be conducted during the period from 2018 to 2021. Target participants will be finance and accounting staff of borrowers/EAs, mainly from ministry of finance, central bank, other related central government offices and EAs of new ADB projects. Where available, ADB's Resident Mission staff will be invited as facilitators.
The workshops will cover the following major topics:
(i)ADB loan products, terms and features;
(ii)ADB conversion options, loan accounting/servicing practices and procedures;
(iii)ADB's Loan Accounting and Servicing Website.
Project Details
-
Project Officer
Yang, Won Mo
Controller's Department
Request for information -
Country/Economy
Regional -
Sector
- Finance
| Project Name | Loan Accounting and Servicing Workshops and e-Learning for DMCs | ||||
| Project Number | 50398-001 | ||||
| Country / Economy | Regional Armenia Myanmar |
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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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| Strategic Agendas | Inclusive economic growth Regional integration |
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| Drivers of Change | Governance and capacity development Knowledge solutions |
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| Sector / Subsector | Finance / Finance sector development |
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| Gender | No gender elements | ||||
| Description | About 15-17 workshops for an estimated 450-500 participants will be conducted during the period from 2018 to 2021. Target participants will be finance and accounting staff of borrowers/EAs, mainly from ministry of finance, central bank, other related central government offices and EAs of new ADB projects. Where available, ADB's Resident Mission staff will be invited as facilitators. The workshops will cover the following major topics: (i)ADB loan products, terms and features; (ii)ADB conversion options, loan accounting/servicing practices and procedures; (iii)ADB's Loan Accounting and Servicing Website. Individual national consultants will be engaged to enhance eC-LAS and develop a e-learning module for ADB HQ and RM staff; ADB DMC borrowers such as government offices and executing agencies; and other stakeholders to learn about topics discussed in the workshop. The e-learning module will be used as stand-alone course that saves time, effort, and resources on the part of the workshop resource person and the learners._CTL will work with knowledge management team in SDCC to enhance e-learning module for loan accounting area through LAS. |
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| Project Rationale and Linkage to Country/Regional Strategy | DMC governments and EAs expressed concern on high turnover of the government officials dealing with ADB loan accountings and requested training for loan accounting and billing procedure. Borrowers/EAs also expressed limited or outdated knowledge on ADB's loan terms, features and accounting and servicing practices, which result in improper accounting records for ADB loans. Misunderstanding of ADB loan terms, accounting and service procedures have caused problems and delays in loan processing and administration for both ADB and borrowers/EAs. |
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| Impact | Strengthened institutional_capacity of DMCs. |
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| Project Outcome | |
|---|---|
| Description of Outcome | Enhanced knowledge of borrowers/EAs on ADB loan terms, features, accounting and servicing practices |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | 15-17 seminars and e-learning module |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Armenia - Nation-wide; Myanmar - 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 | |
| Business Opportunities | |
|---|---|
| Consulting Services | 1._A national consultant for eC-LAS programming will be engaged for 90 days on an intermittent basis. The consultant will work with CTAC-LTA of Controller's Department to enhance the eC-LAS and fix vulnerability issues on ADB's site (XSS, SQLi) and other vulnerability issues of the program and pass BURP and Fortify scan conducted regularly by OIST and develop eC-LAS mini installer. 2._Engage a national consultant for 180 days on an intermittent basis to design, pilot-test and implement e-learning video and e-learning courses/materials for Loan Accounting and Servicing for users in headquarters, field offices or outside ADB. |
| Responsible ADB Officer | Yang, Won Mo |
| Responsible ADB Department | Controller's Department |
| Responsible ADB Division | Accounting Division |
| Executing Agencies |
Asian Development Bank |
| Timetable | |
|---|---|
| Concept Clearance | 07 Feb 2017 |
| Fact Finding | - |
| MRM | - |
| Approval | 26 Sep 2017 |
| Last Review Mission | - |
| Last PDS Update | 09 Nov 2017 |
TA 9418-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 26 Sep 2017 | - | 26 Sep 2017 | 31 Dec 2021 | 31 Dec 2024 | - |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 225,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225,000.00 | 30 Sep 2022 | 65,547.73 |
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Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| Loan Accounting and Servicing Workshops and e-Learning for DMCs | Individual - Consulting | Closed | ||
| Loan Accounting and Servicing Workshops and e-Learning for DMCs | Individual - Consulting | Closed |
Contracts Awarded
Procurement Plan
None currently available.