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
    Qureshi, Irfan A.
    Economic Research and Development Impact Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Public sector management

Related Projects

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
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
Responsible ADB Officer Qureshi, Irfan 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

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 30 Aug 2023 94,484.52

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Related Publications

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Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.