The TA will support the implementation of the COVID-19 Countercyclical Pandemic Response Option loans, as well as guide developing member countries (DMCs) in Southeast Asia to bounce back in their economic performance to pre-COVID-19 levels. Experts will be engaged to help DMCs prepare recovery and transformation plans.
|Project Name||Policy Advice for COVID-19 Economic Recovery in Southeast Asia|
|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||
Finance / Banking systems and nonbank financial institutions - Finance sector development
Industry and trade / Industry and trade sector development - Small and medium enterprise development
Public sector management / Economic affairs management - Public expenditure and fiscal management - Social protection initiatives
|Gender Equity and Mainstreaming||Effective gender mainstreaming|
|Description||The TA will support the implementation of the COVID-19 Countercyclical Pandemic Response Option loans, as well as guide developing member countries (DMCs) in Southeast Asia to bounce back in their economic performance to pre-COVID-19 levels. Experts will be engaged to help DMCs prepare recovery and transformation plans.|
|Project Rationale and Linkage to Country/Regional Strategy||The TA aims to enhance capacity of Southeast Asian DMCs to design and implement comprehensive policy responses to support economic recovery from the COVID-19 outbreak. The TA will have special focus on protecting the poor and vulnerable with due regard for gender considerations and promoting RCI.|
|Impact||Southeast Asian DMCs' bounce back in their economic performance to pre-COVID-19 levels achieved|
|Description of Outcome||Capacity of Southeast Asian DMCs to design and implement comprehensive policy responses to support inclusive economic recovery from the COVID-19 outbreak enhanced|
|Progress Toward Outcome|
|Description of Project Outputs||
Support for effective implementation of CPRO loans provided
Incisive assessments and analysis undertaken of the impact of COVID-19 and the policy measures
Policy consultations with senior officials held to guide the formulation of recovery and transformational strategies and plans
Recovery and transformational strategies and action plans formulated
RCI implications and knowledge sharing among Southeast Asian countries distilled
|Status of Implementation Progress (Outputs, Activities, and Issues)||
Output 1: As of 15 September 2020, five (5) loans on COVID-19 Active Response and Expenditure Support Programs have been approved, namely for: Philippines (approved on 20 April), Indonesia (23 April), Cambodia (8 July), Thailand (26 June), and Myanmar (21 August). Five consultants have been engaged to date and 2 other engagements are being processed to assist in the effective implementation of the loans. Consultations are ongoing with government agencies and stakeholders to design a monitoring and evaluation mechanism that will support the implementation of the loans.
Output 2: The process of engaging a firm has commenced. The assignment involves assessing the impact of COVID-19 output of which will be used in high-level policy consultations (Output 3) and in developing recovery and transformational plans for selected Southeast Asian economies (Output 4). The assignment is expected to commence in Q42020 and shall be completed in 3 months from commencement date.
A group of experts from the University of Chicago and Quantitative Health Group LLC were engaged to develop an epidemiological model of COVID in Indonesia (Jakarta and Central Java) using the approach and model for India. The model aims to forecast COVID-19 cases to guide policy makers on the appropriate suppression policy (adaptive control) to implement and incorporate key considerations on vaccination policy.
For Output 3, ADB convened on 9 June 2020 a high-level panel of health experts, economists, social policy analysts, and finance professionals and government policy makers for a dialogue on near-term policy challenges and recovery strategies in response to the COVID-19 pandemic in Southeast Asia. ADB President opened the Dialogue and VP (Operations 2) moderated. Indonesia's Minister of Finance, Philippines' Secretary of Finance, and Bank of Thailand Governor presented on the challenges and key lessons from their country responses to COVID-19. An exclusive follow-on meeting with Philippines' Secretary of Finance, NEDA Secretary General, and Bangko Sentral ng Pilipinas Governor was held on 17 August 2020 to further discuss repair, recovery and reform measures that will best support the Philippine Government's recovery efforts.
For output 5, two experts were engaged to examine the implications of COVID-19 on regional cooperation and integration such as on trade, investments, and supply chains.
|Geographical Location||Cambodia - Nation-wide; Indonesia - Nation-wide; Myanmar - Nation-wide; Philippines - Nation-wide; Thailand - Nation-wide|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation||ADB consults regularly with various government offices or agencies in assessing areas for assistance to help the government formulate or implement policies or measures in response to COVID-19.|
Consulting firm or firms,
About 13 International experts, 52 person-months
About 10 National experts, 68 person-months
|Responsible ADB Officer||Ng, Thiam Hee|
|Responsible ADB Department||Southeast Asia Department|
|Responsible ADB Division||Regional Cooperation and Operations Coordination Div, SERD|
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
|Fact Finding||17 Apr 2020 to 17 Apr 2020|
|Approval||24 Apr 2020|
|Last Review Mission||-|
|Last PDS Update||30 Sep 2020|
|Approval||Signing Date||Effectivity Date||Closing|
|24 Apr 2020||-||24 Apr 2020||31 Dec 2021||-||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|20,000,000.00||0.00||0.00||0.00||0.00||0.00||20,000,000.00||24 Apr 2020||126,251.00|
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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|Title||Document Type||Document Date|
|Policy Advice for COVID-19 Economic Recovery in Southeast Asia: Technical Assistance Report||Technical Assistance Reports||Apr 2020|
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.
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|Tender Title||Type||Status||Posting Date||Deadline|
|CPRO (Intl-CAM)||Individual - Consulting||Closed||20 Sep 2020||27 Sep 2020|
|CPRO (National-CAM)||Individual - Consulting||Closed||12 Sep 2020||18 Sep 2020|
|COVID Assessment and Recovery Plan||Firm - Consulting||Closed||12 Aug 2020||25 Aug 2020|
|CPRO (Intl-PHI)||Individual - Consulting||Closed||12 Aug 2020||24 Aug 2020|
|CPRO (National-PHI)||Individual - Consulting||Closed||22 Jul 2020||28 Jul 2020|
|Output 5: RCI expert (international)||Individual - Consulting||Closed||17 Jul 2020||23 Jul 2020|
|PACER RCI expert (national)||Individual - Consulting||Closed||09 Jul 2020||15 Jul 2020|
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