The program aims to strengthen governance in the public sector and deepen the financial sector, to help diversify the economy of Azerbaijan.
| Project Name | Improving Governance and Public Sector Efficiency Program (Subprogram 1) | ||||
| Project Number | 51059-001 | ||||
| Country | Azerbaijan |
||||
| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Loan |
||||
| Source of Funding / Amount |
|
||||
| Strategic Agendas | Inclusive economic growth |
||||
| Drivers of Change | Governance and capacity development Partnerships |
||||
| Sector / Subsector |
Finance / Finance sector development Public sector management / Economic affairs management - Public expenditure and fiscal management - Reforms of state owned enterprises |
||||
| Gender Equity and Mainstreaming | No gender elements | ||||
| Description | The program aims to strengthen governance in the public sector and deepen the financial sector, to help diversify the economy of Azerbaijan. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | The program will introduce rules-based fiscal planning in government's budget system, improve legal and institutional structures governing state-owned enterprises and help improve access to finance. The programmatic approach and policy-based loan will finance two subprograms implemented during 2017 to 2019. An approved transaction technical assistance (TA 9259-AZE) will assist in the implementation of the program. | ||||
| Impact | Sustainable and broad-based economic growth facilitated | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Allocative efficiency of public resources improved |
| Progress Toward Outcome | To be assessed during PCR mission. |
| Implementation Progress | |
| Description of Project Outputs | 1. Rule-based fiscal planning introduced 2. SOEs restructured and private sector participation in economic activities strengthened 3. Enhanced access to finance and improved business environment |
| Status of Implementation Progress (Outputs, Activities, and Issues) | The loan was released on 3 August 2018. The DMF will be assessed during PCR mission. |
| Geographical Location | Nation-wide |
| Safeguard Categories | |
|---|---|
| Environment | C |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | Categorized as 'C' since the program is not expected to have impacts on Environment. |
| Involuntary Resettlement | Categorized as 'C' since the program is not expected to have impacts on Involuntary Resettlement. |
| Indigenous Peoples | Categorized as 'C' since the program is not expected to have impacts on Indigenous Peoples. |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | The project stakeholders include the Ministry of Finance, the central bank and the financial supervisory agency. |
| During Project Implementation | |
| Business Opportunities | |
|---|---|
| Consulting Services | There are no consulting services needed under the loan. |
| Procurement | There are no procurement activities required under the loan. |
| Responsible ADB Officer | Farinha Fernandes, Joao Pedro |
| Responsible ADB Department | Central and West Asia Department |
| Responsible ADB Division | Public Management, Financial Sector and Trade Division, CWRD |
| Executing Agencies |
Ministry of Finance [email protected] 83, Same Vurgun Street AZ1022 Baku, Azerbaijan |
| Timetable | |
|---|---|
| Concept Clearance | 18 Aug 2017 |
| Fact Finding | 26 Sep 2017 to 05 Oct 2017 |
| MRM | 19 Oct 2017 |
| Approval | 06 Dec 2017 |
| Last Review Mission | - |
| Last PDS Update | 28 Sep 2018 |
Loan 3616-AZE
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 06 Dec 2017 | 08 Jun 2018 | 20 Jul 2018 | 31 Dec 2018 | - | 31 Dec 2018 |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 250.00 | Cumulative Contract Awards | |||
| ADB | 250.00 | 06 Dec 2017 | 250.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 06 Dec 2017 | 250.00 | 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 |
|---|---|---|
| Improving Governance and Public Sector Efficiency Program, SP1: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Aug 2017 |
| Improving Governance and Public Sector Efficiency Program, Subprogram 1: Concept Paper | Concept Papers | Aug 2017 |
| Improving Governance and Public Sector Efficiency Program, Subprogram 1: Report and Recommendation of the President | Reports and Recommendations of the President | Nov 2017 |
| Dövlət İdarəçiliyi və Dövlət Sektorunun Səmərəliliyinin Artırılması Proqramı (Subproqram 1) : Layihə Data Sənədi | Translated PDS | Mar 2018 |
| Loan Agreement (Ordinary Operations) for Loan 3616-AZE: Improving Governance and Public Sector Efficiency Program - Subprogram 1 | Loan Agreement (Ordinary Resources) | Jun 2018 |
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.
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 Approves $250 Million to Support Azerbaijan Reform Program
ADB's Board of Directors has approved $250 million in policy-based loans to support Azerbaijan's efforts to strengthen governance in the public sector and diversify the economy through greater private sector participation.
Tenders
No tenders for this project were found.
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.