| Project Name | Strengthening Public Finance Management Program (Subprogram 1) | ||||
| Project Number | 52146-001 | ||||
| Country | Lao People's Democratic Republic |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
|
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development |
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| Sector / Subsector | Public sector management / Public expenditure and fiscal management |
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| Gender Equity and Mainstreaming | Effective gender mainstreaming | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | Public services for achieving the NSEDP goals sustainably financed (The Eighth National Socio-Economic Development Plan 2016- 2020). | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | PFM and fiscal position strengthened |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | 1. Public Debt Management and Tax Reform 2. Revenue and expenditure framework 3. Governance and budget credibility |
| 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 | Jhelum Tini Thomas |
| Responsible ADB Department | Southeast Asia Department |
| Responsible ADB Division | Public Management, Financial Sector and Trade Division, SERD |
| Executing Agencies |
Ministry of Finance That Luang Road P.O. Box 46, Vientiane, 23 Singha Road Lao People's Democratic Republic of |
| Timetable | |
|---|---|
| Concept Clearance | 20 Nov 2018 |
| Fact Finding | 10 Dec 2018 to 14 Dec 2018 |
| MRM | 04 Mar 2019 |
| Approval | 25 Sep 2019 |
| Last Review Mission | - |
| Last PDS Update | 25 Sep 2019 |
Loan 3825-LAO
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 25 Sep 2019 | 30 Oct 2019 | 14 Nov 2019 | 31 Aug 2020 | - | 31 Dec 2019 |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 45.00 | Cumulative Contract Awards | |||
| ADB | 45.00 | 25 Sep 2019 | 45.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 25 Sep 2019 | 45.00 | 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.
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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations [Concessional]) for Loan 3825-LAO: Strengthening Public Finance Management Program (Subprogram 1) | Loan Agreement (Ordinary Resources) | Oct 2019 |
| Strengthening Public Finance Management Program (Subprogram 1): Report and Recommendation of the President | Reports and Recommendations of the President | Sep 2019 |
| Strengthening Public Finance Management: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Nov 2018 |
| Strengthening Public Finance Management: Concept Paper | Concept Papers | Nov 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.
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ADB Approves Policy Loan to Help Lao PDR Improve Public Finance Management
ADB has approved a $45 million policy-based loan to help the Lao PDR strengthen public debt management, reform tax administration, improve medium-term fiscal planning and budgeting, and boost governance and budget credibility.
Tenders
No tenders for this project were found.
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
None currently available.