Regional: Pacific Economic Management (Phase 3)
|Project Name||Pacific Economic Management (Phase 3)|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Gender Equity and Mainstreaming
Governance and capacity development
Private sector development
|Sector / Subsector||
Public sector management / Economic affairs management - Public expenditure and fiscal management - Reforms of state owned enterprises
|Gender Equity and Mainstreaming||Some gender elements|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Economic and fiscal sustainability in participating DMCs strengthened|
|Description of Outcome||Institutional capacity for economic management in participating DMCs improved|
|Progress Toward Outcome||
Fielded consultant to Timor-Leste to help the National Directorate of Economic Policy (DNPE) under the Ministry of Finance integrate and enhance the forecasting capacity of the various models used by the DNPE, and support the work of ADB's Economic Research and Regional Cooperation Department in developing an economic and forecasting model for Timor-Leste.
Co-sponsored and -organized the Fishing Revenue Forecasting and Management Workshop (August 2019; Honiara, Solomon Islands) with the Pacific islands Forum Fisheries Agency and Pacific Financial Technical Assistance Centre.
|Description of Project Outputs||
Economic and public financial management policy advice provided
Economic indicators produced and shared on a timely basis
|Status of Implementation Progress (Outputs, Activities, and Issues)||
Produced and disseminated a special issue of the Pacific Economic Monitor (PEM) for ADB's 52nd Annual Meeting held in May 2019 in Nadi, Fiji, and regular issue of the PEM in July 2019.
Supported production of inputs to the Asian Development Outlook (ADO) 2019 and ADO 2019 Update.
Mobilized consultants to support, with staff oversight and inputs, ADB's economic and public financial management work in 5 developing member countries (Marshall Islands, Nauru, Palau, Solomon Islands, and Tuvalu).
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design||The TA design was developed based on experiences during the implementation of Phases 1 and 2. Consultations with economic policymakers and technical staff from Ministries of Finance and Central Banks of several Pacific DMCs (i.e., Cook Islands, Fiji, Federated States of Micronesia, Marshall Islands, Nauru, Solomon Islands, Tonga, and Tuvalu) guided refinements to the TA from earlier phases.|
|During Project Implementation||TA support for policy advisory services, and knowledge products (other than the Asian Development Outlook and Pacific Economic Monitor) and events, are provided upon request from Pacific DMC stakeholders, and planned and conducted in close coordination with concerned development partners. Knowledge events (e.g., workshops and conferences) provide direct engagement with a wide range of stakeholders. In addition, continued coordination with PARD country economists and team leaders allow for communication with stakeholders in the region. Missions by staff overseeing/supporting TA implementation also provide opportunities to meet with stakeholders.|
|Consulting Services||The proposed KSTA is expected to require individual consultants. Experienced experts will be recruited as lead consultants, with technical support from other consultants (including national). The requirements for different types of expertise and the length of engagement will vary according to the scope of work. Consultants will be engaged on a continuous or intermittent basis, as necessary. Areas of expertise will include those needed to conduct economic monitoring and undertake analysis for policy reforms which can be implemented by Pacific DMCs.|
|Responsible ADB Officer||Narain, Ashish|
|Responsible ADB Department||Pacific Department|
|Responsible ADB Division||PASP|
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
|Concept Clearance||25 Jan 2019|
|Approval||12 Mar 2019|
|Last Review Mission||-|
|Last PDS Update||26 Sep 2019|
|Approval||Signing Date||Effectivity Date||Closing|
|12 Mar 2019||-||12 Mar 2019||31 Mar 2024||-||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|3,500,000.00||162,018.14||0.00||0.00||0.00||0.00||3,662,018.14||29 Sep 2021||778,510.66|
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|
|Pacific Economic Management (Phase 3): Technical Assistance Report||Technical Assistance Reports||Mar 2019|
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.
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.
|Tender Title||Type||Status||Posting Date||Deadline|
|Economic Modeling Specialist||Individual - Consulting||Closed||30 Sep 2021||06 Oct 2021|
|Evaluation Specialist||Individual - Consulting||Closed||09 Sep 2021||15 Sep 2021|
|National Advisor 1||Individual - Consulting||Closed||06 Feb 2021||19 Feb 2021|
|National Advisor 2||Individual - Consulting||Closed||06 Feb 2021||19 Feb 2021|
|Airport Planning Specialist||Individual - Consulting||Closed||25 Aug 2020||31 Aug 2020|
|Public Financial Management Specialist (Legal)||Individual - Consulting||Closed||21 Aug 2020||27 Aug 2020|
|Social Security and Pension System Accounting Specialists||Firm - Consulting||Closed||21 Aug 2020||04 Sep 2020|
|Senior Prourement Policy Specialist||Individual - Consulting||Closed||18 Apr 2020||24 Apr 2020|
|National Advisor 2||Individual - Consulting||Closed||19 Dec 2019||02 Jan 2020|
|National Advisor 1||Individual - Consulting||Closed||19 Dec 2019||02 Jan 2020|
|Pacific Economic Management (Phase 3) - National Advisor||Individual - Consulting||Closed||21 Mar 2019||27 Mar 2019|
|Pacific Economic Management, Phase 3 - National Advisor||Individual - Consulting||Closed||21 Feb 2019||27 Feb 2019|
|Pacific Economic Management, Phase 3 - Economics Editor||Individual - Consulting||Closed||21 Feb 2019||27 Feb 2019|
|Contract Title||Approval Number||Contract Date||Contractor | Address||Executing Agency||Total Contract Amount (US$)||Contract Amount Financed by ADB (US$)|
|Policy and Advisory||Technical Assistance 9719||26 Aug 2020||Graduate School USA(UNITED STATES) | 600 Maryland Ave, SW, 180 Washington, DC United States||Asian Development Bank||199,749.00||—|
None currently available.