Lao People's Democratic Republic : Enhancing Debt Management and Transparency

Sovereign Project | 55068-001

The proposed technical assistance (TA) supports the Government of the Lao People's Democratic Republic (Lao PDR) through the Ministry of Finance (MOF) to strengthen public debt management and promote debt transparency.

Project Details

  • Project Officer
    Chongvilaivan, Aekapol
    Sectors Group
    Request for information
  • Country/Economy
    Lao People's Democratic Republic
  • Sector
    • Public sector management
Project Name Enhancing Debt Management and Transparency
Project Number 55068-001
Country / Economy Lao People's Democratic Republic
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6960-LAO: Enhancing Debt Management and Transparency
Technical Assistance Special Fund US$ 2.50 million
Operational Priorities OP6: Strengthening governance and institutional capacity
Sector / Subsector

Energy / Energy sector development and institutional reform

Public sector management / Public expenditure and fiscal management - Reforms of state owned enterprises

Gender No gender elements
Description The proposed technical assistance (TA) supports the Government of the Lao People's Democratic Republic (Lao PDR) through the Ministry of Finance (MOF) to strengthen public debt management and promote debt transparency.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Sustainable financing of public services to meet the goals of the National Socio-Economic Development Plan, 2021

2025 achieved

Project Outcome
Description of Outcome

Public debt management capacity and transparency enhanced

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Legal frameworks for debt management and transparency enhanced

Capacity for sustainable finance policies and practices strengthened

Public debt data analytics and information exchange supported

Public debt and contingent liability monitoring and reporting improved

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
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 Finance
Timetable
Concept Clearance 31 Mar 2021
Fact Finding 15 Mar 2021 to 19 Mar 2021
MRM -
Approval 28 Sep 2022
Last Review Mission -
Last PDS Update 28 Sep 2022

TA 6960-LAO

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
28 Sep 2022 14 Nov 2022 14 Nov 2022 31 Dec 2026 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
2,500,000.00 0.00 0.00 0.00 0.00 0.00 2,500,000.00 09 Sep 2023 51,084.00

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.

Title Document Type Document Date
Enhancing Debt Management and Transparency: Technical Assistance Report Technical Assistance Reports Sep 2022

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 Finance Management Expert Individual - Consulting Closed
Public Finance Management Specialist Individual - Consulting Closed
Consultancy Firm for Outputs 2 and 3 Firm - Consulting Closed
National Project Coordinator Individual - Consulting Closed
National Project Coordinator Individual - Consulting Closed

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.