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Pakistan: COVID-19 Active Response and Expenditure Support Program

Sovereign (Public) Project | 54193-001 Status: Active

The proposed Program is part of an integrated package of support to help the Government of Pakistan's immediate efforts to mitigate the significant negative health, social, and economic impacts of the coronavirus disease (COVID-19) pandemic. The CARES Program will provide budget support to help finance countercyclical development expenditures. This support will deliver (i) social protection for the poor and vulnerable, (ii) an expanded health sector response to the pandemic, and (iii) a pro-poor fiscal stimulus package to ensure recovery in growth and employment.

Project Details

Project Officer
Mukhopadhyay, Hiranya Central and West Asia Department Request for information
Country
  • Pakistan
Sector
  • Public sector management
 
Project Name COVID-19 Active Response and Expenditure Support Program
Project Number 54193-001
Country Pakistan
Project Status Active
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3931-PAK: COVID-19 Active Response and Expenditure Support Program
Ordinary capital resources US$ 500.00 million
Loan: COVID-19 Active Response and Expenditure Support Program
World Bank US$ 500.00 million
Asian Infrastructure Investment Bank US$ 500.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Partnerships
Sector / Subsector

Health / Disease control of communicable disease

Public sector management / Public expenditure and fiscal management - Social protection initiatives

Gender Equity and Mainstreaming Effective gender mainstreaming
Description The proposed Program is part of an integrated package of support to help the Government of Pakistan's immediate efforts to mitigate the significant negative health, social, and economic impacts of the coronavirus disease (COVID-19) pandemic. The CARES Program will provide budget support to help finance countercyclical development expenditures. This support will deliver (i) social protection for the poor and vulnerable, (ii) an expanded health sector response to the pandemic, and (iii) a pro-poor fiscal stimulus package to ensure recovery in growth and employment.
Project Rationale and Linkage to Country/Regional Strategy

Pakistan has seen a significant increase in confirmed cases of COVID-19, from the initial two cases on 26 February 2020 to about 72,460 as of 2 June 2020, with 1,543 deaths. Sindh is currently the region with the highest number of cases (28,245), followed by Punjab (26,240), KPK (10,027), and Balochistan (4,393).

As more data become available, the World Health Organization (WHO) has undertaken fresh predictive analysis, triangulating data from multiple countries. Based on this analysis, the Ministry of National Health Services, Regulation and Coordination (MNHSRC) projects a total incidence load of more than 196,000 cases of COVID-19, of which an estimated 30,000 will require hospitalization and about 10,000 will need critical care.

The government responded to the COVID-19 pandemic and related economic downturn by announcing a countercyclical development expenditure program of about $7.23 billion to strengthen the health infrastructure and social safety net and provide a countercyclical fiscal stimulus. ADB financing under the CARES Program is provided as a budget support to meet gaps in the government''s development financing needs.

The government meets all the access criteria of the Asian Development Bank (ADB) CPRO under the Countercyclical Support Facility. The Pakistan CARES Program is aligned with ADB's Strategy 2030, including operational priorities on addressing remaining poverty and reducing inequalities, accelerating progress in gender equality, strengthening governance and institutional capacity, and fostering regional cooperation and integration. The CARES Program will also help implement CAREC 2030, and ADB's Operational Plan for Integrated Disaster Risk Management 2014 -2020.

Impact Adverse impacts of COVID-19 on the government''s objective of achieving sustained and inclusive growth mitigated.
Project Outcome
Description of Outcome COVID-19 outbreak more effectively managed and its immediate social and economic damages reduced.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Measures to arrest COVID-19 pandemic introduced.

Cash assistance and financial inclusion programs targeting women implemented.

Measures to prevent job losses introduced.

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 Mukhopadhyay, Hiranya
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Ministry of Finance
Q-Block, Finance Division,
Pak Secretariat, Red Zone, Islamabad,
Pakistan
Timetable
Concept Clearance 20 Feb 2022
Fact Finding 10 Apr 2020 to 25 Apr 2020
MRM 11 May 2020
Approval 10 Jun 2020
Last Review Mission -
Last PDS Update 10 Jun 2020

Loan 3931-PAK

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
10 Jun 2020 19 Jun 2020 23 Jun 2020 30 Jun 2021 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 1,500.00 Cumulative Contract Awards
ADB 500.00 10 Jun 2020 500.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 1,000.00 10 Jun 2020 500.00 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.

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Safeguard Documents See also: Safeguards

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

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Contracts Awarded

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Procurement Plan

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