Uzbekistan : Supporting Debt Management and Transparency - Support to Public Debt Management in Uzbekistan (Subproject 2)

Sovereign Project | 54442-003

The knowledge and support technical assistance (TA) cluster on Supporting Debt Management and Transparency, consisting of five subprojects, was approved by the Asian Development Bank (ADB) in November 2021. Subprojects 1, 3 and 4 were subsequently committed in 2022, to support public debt management and transparency in Pakistan, Tajikistan and the Kyrgyz Republic, respectively. The proposed TA subproject 2 will strengthen debt sustainability and debt management practices in the Republic of Uzbekistan and help implement the Sustainable Development Finance Policy (SDFP). It also aligns with ADB's Strategy 2030 priorities such as strengthening governance and institutional capacity.

Project Name
Supporting Debt Management and Transparency - Support to Public Debt Management in Uzbekistan (Subproject 2)
Project Number
54442-003
Country / Economy
  • Uzbekistan
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 10178-UZB: Subproject 2: Support to Public Debt Management in Uzbekistan
Source Amount
Technical Assistance Special Fund US$ 900,000.00
Operational Priorities
  • OP2: Accelerating progress in gender equality
  • OP6: Strengthening governance and institutional capacity
Sector / Subsector
  • Public sector management / Public expenditure and fiscal management

Gender
Some gender elements
Description
The knowledge and support technical assistance (TA) cluster on Supporting Debt Management and Transparency, consisting of five subprojects, was approved by the Asian Development Bank (ADB) in November 2021. Subprojects 1, 3 and 4 were subsequently committed in 2022, to support public debt management and transparency in Pakistan, Tajikistan and the Kyrgyz Republic, respectively. The proposed TA subproject 2 will strengthen debt sustainability and debt management practices in the Republic of Uzbekistan and help implement the Sustainable Development Finance Policy (SDFP). It also aligns with ADB's Strategy 2030 priorities such as strengthening governance and institutional capacity.
Project Rationale and Linkage to Country/Regional Strategy
The TA will have the following outcome: debt sustainability and transparency in Uzbekistan improved. ADB will build on its longstanding policy dialogue with the Government of Uzbekistan on debt management to ensure that the proposed outcome is achieved. ADB will leverage its experience to target the following interrelated outputs: (i) public sector debt recording, management and reporting strengthened); (ii) government securities market developed; and (iii) fiscal risk management strengthened.
Impact

Governance and institutional capacity strengthened (Strategy 2030)

Project Outcome

Description of Outcome

Debt sustainability and transparency improved

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Public sector debt recording, management and reporting strengthened

Government securities market developed

Fiscal risk management 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

Contact

Responsible ADB Officer
Rahemtulla, Hanif A.
Responsible ADB Department
Sectors Group
Responsible ADB Division
Public Sector Management and Governance Sector Office (SG-PSMG)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
-
Fact Finding
-
MRM
-
Approval
09 Nov 2023
Last Review Mission
-
Last PDS Update
15 Nov 2023

Funding

TA 10178-UZB

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
09 Nov 2023 30 Nov 2023 30 Nov 2023 30 Sep 2025 - -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
900,000.00 0.00 0.00 0.00 0.00 0.00 900,000.00
Cumulative Disbursements
Date Amount
20 Aug 2024 0.00

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
Public Financial Management (PFM) Firm Firm - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.