Regional : Fiscal Policy for Green and Inclusive Development Subproject 2: Expenditure Policies and Fiscal Management for Green and Inclusive Growth

Sovereign Project | 55130-003

This TA subproject will advance knowledge and policy insights and build technical capacity on fiscal policies to support green and inclusive development, advancing economic, social, and environmental objectives in developing Asia. The Economic Research and Regional Cooperation Department (ERCD), in collaboration with leading experts will carry out research , and findings will be disseminated to policymakers and other stakeholders. The project closely aligns with ADB Strategy 2030 on ADB's role in enhancing DRM and improving public expenditure effectiveness. By addressing the funding and provision of public goods and services, the subproject contributes to the ADB vision of a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. The TA is also aligned with the Sustainable Development Goals. The proposed TA is included in the current Management-approved annual work program of ERCD.

Project Details

  • Project Officer
    Beirne, John, A.
    Economic Research and Development Impact Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Public sector management
Project Name
Fiscal Policy for Green and Inclusive Development Subproject 2: Expenditure Policies and Fiscal Management for Green and Inclusive Growth
Project Number
55130-003
Country / Economy
  • Regional
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6961-REG: Fiscal Policy for Green and Inclusive Development Subproject 2: Expenditure Policies and Fiscal Management for Green and Inclusive Growth
Source Amount
Technical Assistance Special Fund US$ 1.00 million
Operational Priorities
  • OP2: Accelerating progress in gender equality
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP6: Strengthening governance and institutional capacity
Sector / Subsector
  • Public sector management / Public expenditure and fiscal management

Gender
Some gender elements
Description
This TA subproject will advance knowledge and policy insights and build technical capacity on fiscal policies to support green and inclusive development, advancing economic, social, and environmental objectives in developing Asia. The Economic Research and Regional Cooperation Department (ERCD), in collaboration with leading experts will carry out research , and findings will be disseminated to policymakers and other stakeholders. The project closely aligns with ADB Strategy 2030 on ADB's role in enhancing DRM and improving public expenditure effectiveness. By addressing the funding and provision of public goods and services, the subproject contributes to the ADB vision of a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. The TA is also aligned with the Sustainable Development Goals. The proposed TA is included in the current Management-approved annual work program of ERCD.
Project Rationale and Linkage to Country/Regional Strategy
Given that most of public sector resources are generated through taxes, and that taxes cause distortions in resource allocation and thus constrain economic growth, it is critical that public expenditures be used to improve long-term growth prospects while also taking equity considerations into account. Research under this output will thus examine options for improving DMC government expenditures on education, health, social protection, environment, and infrastructure to promote green and inclusive development, including gender inclusion.
Impact

Fiscal policy for green and inclusive development better leveraged in DMCs

Project Outcome

Description of Outcome

Knowledge on effectiveness of public expenditure and fiscal management enhanced

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Research studies on efficiency of government expenditures to improve fiscal management and expand fiscal space published and disseminated

ADB online fiscal content enhanced and policy briefs published.

Knowledge sharing on fiscal policy strengthened.

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Regional

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
Beirne, John, A.
Responsible ADB Department
Economic Research and Development Impact Department
Responsible ADB Division
Macroeconomics Research Division (ERMR)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
-
Fact Finding
07 Jun 2022 to 07 Jun 2022
MRM
-
Approval
29 Sep 2022
Last Review Mission
-
Last PDS Update
29 Sep 2022

Funding

TA 6961-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
29 Sep 2022 - 29 Sep 2022 31 Mar 2025 - -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
1,000,000.00 0.00 0.00 0.00 0.00 0.00 1,000,000.00
Cumulative Disbursements
Date Amount
27 Jun 2024 225,609.30

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

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


Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.