Mongolia : Weathering Exogenous Shocks Program

Sovereign Project | 56144-001

Project Name Weathering Exogenous Shocks Program
Project Number 56144-001
Country / Economy Mongolia
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 4202-MON: Weathering Exogenous Shocks Program
Ordinary capital resources US$ 100.00 million
Loan: Weathering Exogenous Shocks Program
Asian Infrastructure Investment Bank US$ 100.00 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender Effective gender mainstreaming
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
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 Rosenkranz, Peter C.
Responsible ADB Department Sectors Group
Responsible ADB Division Public Sector Management and Governance Sector Office (SG-PSMG)
Executing Agencies
Ministry of Finance (formerly Ministry of Finance and Economy)
Timetable
Concept Clearance -
Fact Finding 10 May 2022 to 30 May 2022
MRM 12 Jul 2022
Approval 25 Aug 2022
Last Review Mission -
Last PDS Update 25 Aug 2022

Loan 4202-MON

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
25 Aug 2022 26 Aug 2022 28 Sep 2022 30 Jun 2023 - 01 Oct 2022
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 100.00 Cumulative Contract Awards
ADB 100.00 04 Dec 2023 100.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 04 Dec 2023 100.00 0.00 100%

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
Weathering Exogenous Shocks Program: Executing Agency Progress Report (April 2023) Executing Agency Progress Reports Apr 2023
Loan Agreement (Ordinary Operations) for Loan 4202-MON: Weathering Exogenous Shocks Program Loan Agreement (Ordinary Resources) Aug 2022
Weathering Exogenous Shocks Program: Report and Recommendation of the President Reports and Recommendations of the President Aug 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.

  • 30 Aug 2023 | Video

    Building Resilience to Weather Economic Shocks

    ADB, with cofinancing from the Asian Infrastructure Investment Bank, is boosting the Mongolian government’s efforts to help poor and vulnerable people grapple with the impacts of rising food and fuel prices through the Weathering Exogenous Shocks Program.
  • 25 Aug 2022 | News Release

    ADB Provides $100 Million in Emergency Support to Mongolia

    ADB has approved $100 million in emergency support to the Government of Mongolia to help it weather the impacts of severe economic shocks.

Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.