Myanmar : COVID-19 Active Response and Expenditure Support Program
Project Details
-
Project Officer
Chongvilaivan, Aekapol
Southeast Asia Department
Request for information -
Country/Economy
Myanmar -
Sector
- Public sector management
| Project Name | COVID-19 Active Response and Expenditure Support Program | ||||
| Project Number | 54255-001 | ||||
| Country / Economy | Myanmar |
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| Project Status | Active | ||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
|
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| Operational Priorities | OP1: Addressing remaining poverty and reducing inequalities OP2: Accelerating progress in gender equality OP5: Promoting rural development and food security OP7: Fostering regional cooperation and integration |
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| Strategic Agendas | Inclusive economic growth Regional integration |
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| Drivers of Change | Gender Equity and Mainstreaming Knowledge solutions Private sector development |
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| 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 |
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| 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) |
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| 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) |
| 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 | 17 Jun 2022 | 250.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 17 Jun 2022 | 250.00 | 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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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations [Concessional]) for Loan 3960-MYA: COVID-19 Active Response and Expenditure Support Program | Loan Agreement (Ordinary Resources) | Sep 2020 |
| COVID-19 Active Response and Expenditure Support Program: Report and Recommendation of the President | Reports and Recommendations of the President | Aug 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
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Related Publications
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Tenders
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