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Myanmar: COVID-19 Active Response and Expenditure Support Program

Sovereign (Public) Project | 54255-001 Status: Active

Project Details

Project Officer
Chongvilaivan, Aekapol Southeast Asia Department Request for information
Country
  • Myanmar
Sector
  • Public sector management
 
Project Name COVID-19 Active Response and Expenditure Support Program
Project Number 54255-001
Country Myanmar
Project Status Active
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 3960-MYA: COVID-19 Active Response and Expenditure Support Program
concessional ordinary capital resources lending / Asian Development Fund US$ 250.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Gender Equity and Mainstreaming
Knowledge solutions
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural policy, institutional and capacity development

Health / Disease control of communicable disease - Health system development

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

Gender Equity and Mainstreaming Effective gender mainstreaming
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact Adverse impacts of COVID-19 on health, livelihoods, and economy mitigated (COVID-19 Economic Relief Plan)
Project Outcome
Description of Outcome COVID-19 outbreak effectively controlled and adverse effects on the poor and vulnerable population and businesses reduced
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Social assistance provided to the poor and vulnerable groups and populations at risk

Health system strengthened for COVID-19 prevention and control

MSMEs safeguarded and workers supported during the economic downturn

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 The program is not expected to have any environmental or social safeguard impacts within the meaning of the Safeguard Policy Statement.
Involuntary Resettlement The program is not expected to have any environmental or social safeguard impacts within the meaning of the Safeguard Policy Statement.
Indigenous Peoples The program is not expected to have any environmental or social safeguard impacts within the meaning of the Safeguard Policy Statement.
Stakeholder Communication, Participation, and Consultation
During Project Design ADB coordinates its COVID-19 response support closely with other development partners and the government's Development Aid Coordination Unit, chaired by the State Counsellor. The WHO supported the formulation of the HSCP and helped coordinate between United Nations agencies and nongovernment organizations. ADB is coordinating with the IMF, which provided support through its Rapid Credit Facility and Rapid Financing instrument, and the World Bank to conduct macroeconomic monitoring and to support the government's economic stimulus programs. This coordination also extends to assessing the impact of COVID-19 and designing the proposed CARES Program, for which the IMF provided an assessment letter. ADB is working closely with Agence Fran aise de D veloppement, the European Union, the IMF, Japan International Cooperation Agency, the United States Agency for International Development, and the World Bank, and is exploring financing opportunities to help implement the COVID-19 Economic Relief Plan.
During Project Implementation The loan was approved on 21 August 2020 and loan agreement signed on 4 September 2020. ADB is coordinating with relevant government agency to obtain the necessary documents in order for the loan to be declared effective. The loan is expected to be disbursed in 2 tranches. First tranche in October 2020 and the final tranche in December 2020.
Responsible ADB Officer Chongvilaivan, Aekapol
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Ministry of Planning, Finance, and Industry formerly (Ministry of Planning and Finance_
[email protected]
Building No 26. Nay Pyi Taw
Republic of the Union of Myanmar
Timetable
Concept Clearance -
Fact Finding 26 May 2020 to 01 Jul 2020
MRM 07 Jul 2020
Approval 21 Aug 2020
Last Review Mission -
Last PDS Update 22 Sep 2020

Loan 3960-MYA

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
21 Aug 2020 04 Sep 2020 29 Sep 2020 30 Sep 2021 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 250.00 Cumulative Contract Awards
ADB 250.00 21 Aug 2020 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 21 Aug 2020 0.00 0.00 0%

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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