Regional: Pacific Economic Management (Phase 3)
|Project Name||Pacific Economic Management (Phase 3)|
|Country / Economy||Regional
|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|
Economic and fiscal sustainability in participating DMCs strengthened
|Description of Outcome||
Institutional capacity for economic management in participating DMCs improved
|Progress Toward Outcome||The TA co-organized and co-sponsored a regional workshop on forecasting and management of fishing revenues with the International Monetary Fund's Pacific Financial Technical Assistance Centre in August 2019. It was held in Honiara, Solomon Islands and attended by government officials representing seven Pacific developing member countries (DMCs). A Senior Procurement Policy Specialist was engaged in May 2020 to continue to support procurement reforms in Kiribati. Further, the TA supported the Pacific DMC governments' efforts to respond to and manage the implications of the coronavirus disease (COVID-19). This included (i) support in the preparation, implementation, and monitoring of the COVID-19 pandemic response option (CPRO) loans and grants; (ii) support in the formulation of recovery plans; and (iii) public dissemination of policy analysis relating to the COVID-19 pandemic. The TA mobilized consultants to support the preparation, implementation, and monitoring of CPRO loans and grants, in close consultation with the governments, as well as in the preparation of program completion reports (PCR) for the CPROs with particular focus on identifying key lessons learned from ADB's support for governments' rapid pandemic response. The TA also engaged consultants to support and provide high-level advice to ministers and senior officials in the formulation of recovery plans from the impacts of COVID-19. The TA also recruited consulting firms to provide more comprehensive policy advisory and capacity strengthening services to promote fiscal resilience and sustainable growth in response to COVID-19 pandemic. The TA has also supported various activities to undertake analysis for policy reforms which can be implemented by Pacific DMC governments. This includes: (i) strengthening capacity for economic modeling; (ii) conducting detailed assessment of the the Republic of Palau Social Security Administration (ROPSSA) and Civil Service Pension Plan (CSPP) to achieve long-term sustainability; (iii) review of the current public financial management (PFM) systems and processes of the Koror State Government to identify and address areas for reform and improvement; (iv) assisting the Bureau of Revenue and Taxation of the Palau Ministry of Finance in building institutional capacity; upgrading processes and procedures; and improving systems, among others, to ensure overall readiness for the roll out and implementation of the Palau Goods and Service Tax along with the various components of the recently enacted comprehensive tax reform legislation; (v) providing planning advice and guidance to the governments for the gradual reopening of the Cook Islands' Rarotonga International Airport, Nadi International Airport, Palau's Roman Tmetuchl International Airport, Samoa's Faleolo International Airport, Solomon Islands' Honiara International Airport, and Vanuatu's Bauerfield International Airport, to international passenger traffic; (vi) assist in the study of the ADB Migration in the Pacific, focusing on public policy options which will include international and bilateral agreements to facilitate migration, policies in countries of origin to improve migrant outcomes, linking migrants with markets, and new sectors that can absorb migrants from Pacific (aged care and medical and nursing); and (vii) establishment of the Government of Papua New Guinea (PNG) Public Private Partnership (PPP) Centre in close coordination with Private Sector Development Initiative (PSDI) and Asia Pacific Project Preparation Facility (AP3F).|
|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)||The TA has continued to regularly compile, analyze, and disseminate economic data for the 14 Pacific DMCs with the support of national consultants. The dataset has supported the quarterly production and dissemination of the Asian Development Outlook series' Pacific chapter (five publications) as well as the semi-annual Pacific Economic Monitor.|
|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
|Concept Clearance||25 Jan 2019|
|Approval||12 Mar 2019|
|Last Review Mission||-|
|Last PDS Update||30 Sep 2022|
|Approval||Signing Date||Effectivity Date||Closing|
|12 Mar 2019||-||12 Mar 2019||31 Mar 2024||31 Mar 2025||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|4,500,000.00||162,018.14||0.00||0.00||0.00||0.00||4,662,018.14||29 Dec 2022||1,705,694.15|
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.
|Title||Document Type||Document Date|
|Pacific Economic Monitor – December 2021||Reports||Dec 2021|
|Pacific Economic Monitor – July 2021||Serials||Jul 2021|
|Pacific Economic Monitor – December 2020||Serials||Dec 2020|
|Pacific Economic Monitor – July 2020||Serials||Jul 2020|
|Pacific Economic Monitor – July 2019||Serials||Jul 2019|
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|
|Pacific Economic Management (Phase 3) - Film Service Industry Economic Impact Adviser||Individual - Consulting||Closed||13 Dec 2022||31 Dec 2022|
|Public Financial Management Specialist (Subnational Government)||Individual - Consulting||Closed||23 Jun 2022||30 Jun 2022|
|Chapter Author/Migration Specialist||Individual - Consulting||Closed||30 Mar 2022||05 Apr 2022|
|International Social Policy and Finance Specialist||Individual - Consulting||Closed||01 Mar 2022||07 Mar 2022|
|National Advisor 1||Individual - Consulting||Closed||16 Feb 2022||01 Mar 2022|
|Economics Editor||Individual - Consulting||Closed||16 Feb 2022||22 Feb 2022|
|National Advisor 2||Individual - Consulting||Closed||16 Feb 2022||22 Feb 2022|
|Evaluation Specialist (Samoa and Cook Islands)||Individual - Consulting||Closed||19 Jan 2022||25 Jan 2022|
|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 2||Individual - Consulting||Closed||06 Feb 2021||19 Feb 2021|
|National Advisor 1||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 - Economics Editor||Individual - Consulting||Closed||21 Feb 2019||27 Feb 2019|
|Pacific Economic Management, Phase 3 - National Advisor||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.