Pakistan : Supporting Debt Management and Transparency-Support to Public Debt Management in Pakistan (Subproject 1)

Sovereign Project | 54442-002

The TA will have the following outcome: debt sustainability and transparency in Pakistan improved. ADB will build on its longstanding policy dialogue with the Government of Pakistan on debt management to ensure that the proposed TA subproject will promote increased sustainability and transparency in Pakistan's borrowing practices. In order to support this overarching objective, the TA rests on three interrelated outputs: (i) implementation of the Sustainable Development Finance Policy (SDFP); (ii) fiscal risk management practices strengthened; and (iii) public debt recording, management and reporting strengthened.

Project Name
Supporting Debt Management and Transparency-Support to Public Debt Management in Pakistan (Subproject 1)
Project Number
54442-002
Country / Economy
  • Pakistan
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6939-PAK: Subproject 1: Support to Public Debt Management in Pakistan
Source Amount
Technical Assistance Special Fund US$ 900,000.00
TA 6939-PAK: Supporting Debt Management and Transparency-Support to Public Debt Management in Pakistan (Subproject 1)
Source Amount
Technical Assistance Special Fund US$ 250,000.00
Operational Priorities
  • OP6: Strengthening governance and institutional capacity
Sector / Subsector
  • Public sector management / Economic affairs management - Public administration - Public expenditure and fiscal management

Gender
Some gender elements
Description
The TA will have the following outcome: debt sustainability and transparency in Pakistan improved. ADB will build on its longstanding policy dialogue with the Government of Pakistan on debt management to ensure that the proposed TA subproject will promote increased sustainability and transparency in Pakistan's borrowing practices. In order to support this overarching objective, the TA rests on three interrelated outputs: (i) implementation of the Sustainable Development Finance Policy (SDFP); (ii) fiscal risk management practices strengthened; and (iii) public debt recording, management and reporting strengthened.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Macroeconomic management strengthened, and more sustained and inclusive growth supported.

Project Outcome

Description of Outcome

Debt sustainability and transparency improved.

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Policy actions agreed under the SDFP implemented.

Fiscal risk management strengthened.

Public debt recording, management and reporting strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
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 engage the consultants and resource persons following the ADB Procurement Policy (2017, as amended from time to time) and its associated procurement staff instructions. The United Nations Conference on Trade and Development will be engaged for Output 3 on a single source basis under an agreement for delivery of outputs.

Contact

Responsible ADB Officer
Masood, Sana
Responsible ADB Department
Sectors Group
Responsible ADB Division
Public Sector Management and Governance Sector Office (SG-PSMG)
Executing Agencies
Ministry of Finance

Timetable

Concept Clearance
-
Fact Finding
10 Nov 2021 to 10 Nov 2021
MRM
-
Approval
07 Sep 2022
Last Review Mission
-
Last PDS Update
12 Aug 2022

Funding

TA 6939-PAK

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
05 Aug 2022 07 Sep 2022 07 Sep 2022 31 Dec 2024 31 Dec 2025 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
1,150,000.00 0.00 0.00 0.00 0.00 0.00 1,150,000.00
Cumulative Disbursements
Date Amount
09 Jan 2024 295,444.80

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

Tender Title Type Status Posting Date Deadline
Debt Analyst (National) Individual - Consulting Closed
Fiscal Risk Management Specialist - Climate Change and PPP Individual - Consulting Closed
Debt Analyst (National) Individual - Consulting Closed
Market and Financial Risk Specialist (National) Individual - Consulting Closed
Credit Risk Specialist 1 (National) Individual - Consulting Closed
Fiscal Risk Management - SOE (International) Individual - Consulting Closed
Fiscal Risk Management - PPP (International) Individual - Consulting Closed
Fiscal Risk Management Specialist - SOE (National) Individual - Consulting Closed
Fiscal Risk Management - Climate Change and Natural Disasters (International) Individual - Consulting Closed
Fiscal Risk Management Specialist/Team Leader Individual - Consulting Closed
Legal Expert (National) Individual - Consulting Closed
Project Coordinator (National) Individual - Consulting Closed
Fiscal Risk Management Specialist - PPP (National) Individual - Consulting Closed
Fiscal Risk Management Specialist - Climate Change and Natural Disasters (National) Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.