Myanmar : COVID-19 Active Response and Expenditure Support Program

Sovereign Project | 54255-001

Project Details

  • Project Officer
    Chongvilaivan, Aekapol
    Sectors Group
    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
Project Status
Active
Project Type / Modality of Assistance
  • Loan
Source of Funding / Amount
Loan 3960-MYA: COVID-19 Active Response and Expenditure Support Program
Source Amount
Concessional ordinary capital resources lending US$ 250.00 million
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
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
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.

Contact

Responsible ADB Officer
Chongvilaivan, Aekapol
Responsible ADB Department
Sectors Group
Responsible ADB Division
Public Sector Management and Governance Sector Office (SG-PSMG)
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

Funding

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
  Total (Amount in US$ million)
Project Cost 250.00
ADB 250.00
Counterpart 0.00
Cofinancing 0.00
Loan Utilization
  Date ADB Others Net Percentage
Cumulative Contract Awards 06 Jun 2024 250.00 0.00 100%
Cumulative Disbursements 06 Jun 2024 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.

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.