fbpx 54235-001: Planning for Economic Recovery of South Asia from COVID-19 | Asian Development Bank

Regional: Planning for Economic Recovery of South Asia from COVID-19

Sovereign (Public) Project | 54235-001 Status: Active

The knowledge and support technical assistance (TA) aims to support selected developing member countries (DMCs) of the South Asia Department (SARD) of the Asian Development Bank (ADB) to (i) plan the medium-term recovery from the economic impact of the coronavirus disease (COVID-19), and (ii) adjust their long-term development strategies to changes in the global environment brought about by this pandemic.

Project Details

Project Officer
Hayashi, Tadateru South Asia Department Request for information
Country
  • Regional
Sector
  • Public sector management
 
Project Name Planning for Economic Recovery of South Asia from COVID-19
Project Number 54235-001
Country Regional
India
Sri Lanka
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6529-REG: Planning for Economic Recovery of South Asia from COVID-19
Technical Assistance Special Fund US$ 3.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Sector / Subsector

Finance / Finance sector development

Industry and trade / Industry and trade sector development

Information and communication technology / ICT strategy and policy, and capacity development

Public sector management / Economic affairs management - Social protection initiatives

Gender Equity and Mainstreaming Some gender elements
Description The knowledge and support technical assistance (TA) aims to support selected developing member countries (DMCs) of the South Asia Department (SARD) of the Asian Development Bank (ADB) to (i) plan the medium-term recovery from the economic impact of the coronavirus disease (COVID-19), and (ii) adjust their long-term development strategies to changes in the global environment brought about by this pandemic.
Project Rationale and Linkage to Country/Regional Strategy SARD developing member countries like any other regions have also been affected by COVID-19. Governments have prioritized saving lives from this global health pandemic and introduced large-scale community quarantine measures (travel restrictions and lockdown) to prevent the spread of the disease and over-burdening medical systems. These measures have enormous trade-off and economic cost and impacted the most the poor and vulnerable (including domestic and international migrants). Economic activities have been halted resulting to job losses and businesses closing.
Impact Selected SARD DMCs' economies recovered from COVID-19
Project Outcome
Description of Outcome Capacity of governments to design medium-term economic recovery plans and adjust their long-term development strategies to the effects of COVID-19 enhanced
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Support for the preparation and/or strengthening of economic recovery plans provided

Support to adjust development strategies provided

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location India - Nation-wide; Sri Lanka - Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services ADB will recruit an international consulting firm, and international and national individual consultants for the implementation of activities. ADB may also engage resource persons, when necessary, for knowledge-sharing events. ADB will consider output-based (lump-sum) contracts for consulting services, as appropriate. It will engage the consultants following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions.
Procurement Not applicable.
Responsible ADB Officer Hayashi, Tadateru
Responsible ADB Department South Asia Department
Responsible ADB Division Regional Cooperation and Operations Coordination Div, SARD
Executing Agencies
Asian Development Bank
Hayashi, Tadateru, --
[email protected]
6 ADB Avenue, Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 18 Mar 2022
Fact Finding 28 Apr 2020 to 28 Apr 2020
MRM -
Approval 29 Jun 2020
Last Review Mission -
Last PDS Update 29 Jun 2020

TA 6529-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Jun 2020 - 29 Jun 2020 31 May 2022 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,000,000.00 0.00 0.00 0.00 0.00 0.00 3,000,000.00 29 Jun 2020 0.00

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.

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.

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.

Related Publications

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

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.