Regional: Pacific Economic Management (Phase 3)

Sovereign Project | 52357-001

Project Details

  • Project Officer
    Narain, Ashish
    Pacific Department
    Request for information
  • Country
    Regional
  • Sector
    • Public sector management
Project Name Pacific Economic Management (Phase 3)
Project Number 52357-001
Country Regional
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9719-REG: Pacific Economic Management (Phase 3)
Technical Assistance Special Fund US$ 1.50 million
TA 9719-REG: Pacific Economic Management (Phase 3)
New Zealand Cooperation Fund for Technical Assistance US$ 162,018.14
TA 9719-REG: Pacific Economic Management (Phase 3)
Technical Assistance Special Fund US$ 2.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
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
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Economic and fiscal sustainability in participating DMCs strengthened
Project Outcome
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.

Implementation Progress
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).

Geographical Location Regional
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
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.
Business Opportunities
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.
Procurement N/A
Responsible ADB Officer Narain, Ashish
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 25 Jan 2019
Fact Finding -
MRM -
Approval 12 Mar 2019
Last Review Mission -
Last PDS Update 26 Sep 2019

TA 9719-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
12 Mar 2019 - 12 Mar 2019 31 Mar 2024 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
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.

Tenders

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

Contracts Awarded

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

Procurement Plan

None currently available.