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
    Jinjarak, Yothin
    Economic Research and Regional Cooperation 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
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender Equity and Mainstreaming 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
Responsible ADB Officer Jinjarak, Yothin
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB 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

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 Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,000,000.00 0.00 0.00 0.00 0.00 0.00 1,000,000.00 04 Oct 2022 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.

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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

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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.

Requests for information may also be directed to the InfoUnit.

Tenders

Tender Title Type Status Posting Date Deadline
Fiscal Policy for Green and Inclusive Development Subproject 2: Expenditure Policies and Fiscal Management for Green and Inclusive Growth Individual - Consulting Closed 15 Nov 2022 21 Nov 2022

Contracts Awarded

No contracts awarded for this project were found


Procurement Plan

None currently available.