Palau : Recovery through Improved Systems and Expenditure Support Program (Subprogram 1)

Sovereign Project | 54284-001

Project Name Recovery through Improved Systems and Expenditure Support Program (Subprogram 1)
Project Number 54284-001
Country / Economy Palau
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 4063-PAL: Recovery through Improved Systems and Expenditure Support Program (Subprogram 1)
Ordinary capital resources US$ 5.00 million
Loan 4064-PAL: Recovery through Improved Systems and Expenditure Support Program (Subprogram 1)
Concessional ordinary capital resources lending US$ 20.00 million
Operational Priorities OP2: Accelerating progress in gender equality
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Public sector management / Economic affairs management - Public expenditure and fiscal management

Gender Some gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Quality of life for current and future generations of Palauans enhanced

Project Outcome
Description of Outcome

Palau's economic recovery from the COVID-19 crisis shifted toward a more sustainable fiscal path

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Policy and legislative framework for public financial management strengthened

Fiscal risks from weak management of public revenue, expenditure, and liabilities reduced

Private sector development supported

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
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Rabanal, Rommel F.
Responsible ADB Department Pacific Department
Responsible ADB Division Social Sectors and Public Sector Management Division
Executing Agencies
Ministry of Finance
Timetable
Concept Clearance 10 Dec 2020
Fact Finding 07 Dec 2020 to 11 Feb 2021
MRM 19 Feb 2021
Approval 23 Apr 2021
Last Review Mission -
Last PDS Update 28 Apr 2021

Loan 4063-PAL

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
23 Apr 2021 17 May 2021 07 Jul 2021 31 Jul 2021 30 Sep 2021 30 Sep 2021
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 5.00 Cumulative Contract Awards
ADB 5.00 17 Jun 2022 5.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 5.00 0.00 100%

Loan 4064-PAL

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
23 Apr 2021 17 May 2021 07 Jul 2021 31 Jul 2021 30 Sep 2021 30 Sep 2021
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 20.00 Cumulative Contract Awards
ADB 20.00 17 Jun 2022 20.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 20.00 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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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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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.

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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.