Country Operations Business Plan. Project Number: August Samoa

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Country Operations Business Plan. Project Number: 26194 August 2013. Samoa 2014 2016"

Transcription

1 Country Operations Business Plan Project Number: August 2013 Samoa

2 CURRENCY EQUIVALENTS (as of 11 August 2013) Currency Unit tala (ST) ST$1.00 = $ $1.00 = ST ADB ADF GDP IMF TA ABBREVIATIONS Asian Development Bank Asian Development Fund gross domestic product International Monetary Fund Technical Assistance NOTES (i) (ii) The fiscal year (FY) of the government and its agencies ends on 30 June. FY before a calendar year denotes the year in which the fiscal year ends, e.g., FY2013 ends on 30 June In this report, $ refers to US dollars unless otherwise stated. Vice President S. Groff, Operations 2 Director General X. Yao, Pacific Department (PARD) Regional Director A. Ruthenberg, Pacific Subregional Office (SPSO), PARD Team leader Team members C. Currie, Senior Country Economist, PARD S. Blaik, Senior Urban Development Specialist, PARD M. Betham-Vaai, ADB/World Bank Liaison Officer, PARD T. Faletau, Safeguards Officer, PARD P. Hattle, Energy Specialist, PARD M. Lotolele, Senior Economics Officer, PARD M. Melei, Country Specialist, PARD S. B. Olsson, Country Coordination Officer, PARD M. Paniagua, Unit Head, Project Administration, PARD L. Tora, Senior Public Management Officer, PARD 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.

3 CONTENTS Page I. CONSISTENCY OF THE BUSINESS PLAN WITH THE PACIFIC APPROACH II. INDICATIVE RESOURCE PARAMETERS 2 III. SUMMARY OF CHANGES TO LENDING AND NONLENDING PROGRAMS 2 APPENDIXES 1. Updated Country Strategy Results Framework 3 2. List of Linked Documents 6 3. Indicative Assistance Pipeline 7 4. Assistance Program for the Current Year 9

4 I. CONSISTENCY OF THE BUSINESS PLAN WITH THE PACIFIC APPROACH The Country Operations Business Plan is aligned with the Asian Development Bank s (ADB s) Pacific Approach , 1 which aims to deliver sustained, resilient, and improved standards of living for the people of the Pacific and serves as the country partnership strategy for Samoa. 2 The Pacific Approach closely aligns with the aims of the Government of Samoa s Strategy for the Development of Samoa, Both identify operational priorities in energy, information and communication technology, and water and sanitation. Public sector management and an improved private sector environment are recognized as key drivers for change. An updated country partnership strategy results framework is in Appendix While Samoa has demonstrated remarkable resilience in recovering from the global financial crisis and a devastating tsunami in 2009, it has yet to return to economic growth levels achieved early in the decade. Weak global demand, falling competitiveness in the productive sectors (particularly tourism and agriculture), and Samoa s vulnerability to natural disasters have adversely affected Samoa s growth. In December 2012, tropical cyclone Evan caused damage and losses estimated at more than $210 million, equivalent to around 30% of gross domestic product (GDP). Transport, power and water, and sanitation infrastructure suffered significant damage, as did schools and housing. Recovery and reconstruction of essential infrastructure is expected to take 2 to 3 years. The estimated GDP growth rate for FY2013 has been lowered from 2.5% to 0.9% in view of the loss of output across the productive sectors. 3. The government s budget deficit was 4.5% of GDP in FY2012, down from 6.4% in FY2011. Through FY2013 s first half, the government continued its fiscal consolidation program. However, cyclone impacts (including a sharp decline in tax revenues and a supplementary budget for additional government spending to restore essential infrastructure) is estimated to have raised the overall fiscal deficit to 6.9% of GDP for FY2013 with a projection of 7 8% of GDP in FY Samoa s capacity to mobilize domestic resources is limited, leaving it reliant on bilateral and multilateral partners to finance the higher deficit. A joint International Monetary Fund (IMF) and World Bank debt sustainability analysis estimates that a rise in concessional loans from development partners could raise the ratio of debt to GDP to a peak of 58% in FY2016. That figure is well above the 40% of GDP limit set by the authorities. Thus, the IMF has changed its assessment of Samoa from a moderate to a high risk of debt distress. 4 To reduce the fiscal deficit and bring down public debt, as well as raise living standards and reduce poverty, Samoa has committed to a medium-term fiscal framework and strong public sector reform agenda. 5. With ADB support, the government has made much progress in implementing reforms. That support has included providing technical assistance (TA) to improve the mobilization of land as an economic factor of production, and, through the Private Sector Development Initiative, assisting the government to improve the performance of poorly performing public 1 ADB ADB s Pacific Approach, Manila (accessible from list of linked documents in Appendix 2). 2 Memo approved by the Vice President in Charge, Operations 2 on 1 July 2011, paragraph 2b. 3 Government of Samoa Strategy for the Development of Samoa, Apia (accessible from list of linked documents in Appendix 2). 4 International Monetary Fund Samoa: Joint IMF/World Bank Debt Sustainability Analysis. Washington D.C.

5 2 enterprises and the environment for private sector development. 5 Working with the government, the development partners have developed a joint policy action matrix that will guide and prioritize critical public financial management reforms over the coming year. Connectivity is seen as a major factor in stimulating growth and development and reducing poverty and hardship. To this end, ADB, with the World Bank, is mapping out opportunities for infrastructure investments, support for regulatory frameworks, investments in information and communication technology, and support for communication strategies for developing potential for improved connectivity. II. INDICATIVE RESOURCE PARAMETERS 6. As a group A country, Samoa is eligible to access the Asian Development Fund (ADF). In June 2013, ADB revised Samoa s grant share for ADF resources from 50% to 100% in view of the joint IMF and World Bank debt sustainability assessment which shifted Samoa from moderate to high risk of debt distress. Samoa has an unutilized ADF allocation from 2012 of $14.0 million ($17.57 minus the 20% volume discount for grants). The government has confirmed that it will utilize this for a two-tranche, policy-based operation for which Board approval will be sought in September Following the results of the 2012 country performance assessment exercise conducted under the performance-based allocation policy, the ADF allocation for Samoa is confirmed at $14.6 million (inclusive of a 20% volume discount). The indicative allocation is $14.96 million. The actual allocation for is subject to a revised estimate of ADF commitment authority, country performance assessment outcomes, and the country s risk of debt distress. 6 An indicative assistance pipeline for ADF lending products is in Appendix 3, Table A As agreed with the government, ADB TA will focus on (i) the third phase of customary land reforms, (ii) preparation of the Samoa submarine cable project, (iii) assistance with public sector financial management, and (iv) identifying port infrastructure development needs. The country operations business plan will be supported by regional TA for energy efficiency, stateowned enterprise reform (the Private Sector Development Initiative), and public sector management. Information on the indicative nonlending assistance pipeline is in Appendix 3, Table A3.2. III. SUMMARY OF CHANGES TO LENDING AND NONLENDING PROGRAMS 8. Lending and nonlending programs have been adjusted to conform with the indicative resource parameters for In 2013, the renewable energy project has been extended to include power sector rehabilitation in light of the impact of Cyclone Evan. To accommodate the larger project, ADF funding in 2013 has been increased from $5 million to $10 million (with $5 million being front-loaded from the allocation). A grant of $8.21 million from the pilot Disaster Response Facility will also be used to fund this project, bringing the total to $18.21m. The Public Sector Financial Management Program in 2013 is to receive $14 million in grants, with the government indicating it intends to use the entirety of unutilized ADF sources from For 2015, the program has been reduced from $15 million to $6.5 million in light of expected improvements in the macroeconomic climate and in the government s fiscal position. A Ports Infrastructure Development Project of $15 million has been included as standby in 2016, subject to the outcome of project preparatory TA and the availability of ADF resources. 5 ADB Private Sector Development Initiative. Manila. (TA 6353-REG). 6 ADB Review of the Asian Development Bank s Policy on the Performance-Based Allocation of Asian Development Fund Resources. Manila. (accessible from list of linked documents in Appendix 2).

6 UPDATED COUNTRY PARTNERSHIP STRATEGY RESULTS FRAMEWORK (Board endorsement of the Pacific Approach : 2009: Country Operations Business Plan: August 2013) Country Development Goals Changes from Last COBP In support of the vision for improved quality of life for all, the theme for the Samoa Development Strategy is Boosting Productivity for Sustainable Development Sectors Selected by ADB Sector Outcomes that ADB Government Sector Contributes to and Objectives Indicators 1. Energy: (Strategy 2020 Core Area 1: Infrastructure) First Samoa National Energy Policy, To enhance the quality of life for all through access to reliable, affordable, and environmentally sound energy services and supply The Post Disaster Needs Assessment 2013 highlights the need for rehabilitation and reconstruction in the power sector. Promote efficient and effective coordination and management of the renewable energy sector Provide efficient, affordable, and sustainable electricity services Provide access to sustainable and reliable electricity services at affordable prices ADB Areas of Intervention Renewable Energy and Power Sector Rehabilitation Project (2013) ADB Indicative Resource and Thematic Priorities $18.21 million (28.4% of COBP envelope) plus $1.0 million cofinancing, of which: ENV = 70% EGM = 20% PSD = 10% RCI = 0% 2. Transport and information and communication technology (Strategy 2020, core area 1: Infrastructure) SDS , Priority Area: Economic Policies, Goal 1: Sustained macroeconomics stability Widely available and affordable information and communication services to improve Samoa s economic performance and performance of public service Population of Samoa has access to good quality internet services at affordable prices $22.5 million (35% of COBP envelope) of which $7.5 million approved by end of 2014, comprising: ENV = 40% EGM = 40% PSD = 10% RCI = 10% Changes from Last COBP This project was formerly titled Power Sector Expansion Project Phase II An allocation of $10 million in grants has been included in the lending pipeline for This includes $5 million brought forward from the lending pipeline in Regional funds of $11 million will also be provided. Appendix 1 3

7 3. Water Supply, Sanitation, and Waste Management: (Strategy 2020, Core Area 1: Infrastructure) Water for Life: Water Sector Improve the sanitation system Community Sanitation $0.0 million, 0% of COBP Plan and Framework for of 470 households and Project (2012) envelope, of which: Action, , which is increase awareness of correct ENV = 80% formulated within the design of septic systems EGM = 20% context of the 2007 National among 15,000 households PSD = 0% Water Resources Policy, RCI = 0% aiming to half by 2015 the proportion of people without sustainable access to safe drinking water and basic sanitation 4. Education: (Strategy 2020, Core Area 5: Education) Based on Goal 3: Improved Education Outcomes in the Strategy for the Development of Samoa, Consistent with the Strategy for the Development of Samoa, Percentage of students at risk in year 4 and 6 Samoa Primary Education Literacy Levels tests in English, Samoan, and mathematics reduced to under 15% by % net primary enrollment achieved by % total secondary net enrollment by 2012 Increased enrollment at tertiary education level (from 2006 levels) by 2012 Primary completion rate (year 8) increased from 93% (2006) to 98% by 2012 National transition rate to secondary schools increases from 89% (2006) to 98% by 2012 Improved curriculum and assessment practices, including e-curriculum Improved education outcomes: Improving the quality of teaching and learning in secondary schools Improving access to education through information and communication technology Strengthening education management and coordination $0.0 million, 0.0% of COBP envelope, of which: ENV = 10% EGM = 40% GEN = 50% PSD = 0% RCI = 0% 4 Appendix 1

8 Improved school facilities and equipment, including establishing school 5. Private Sector Development: (Strategy 2020, Drivers of change 1: Private Sector Development) SDS Priority Area, Social Policies: Goal 2: Work with the private sector in order to achieve economies of scale through commercial farming/ upscaling of agro-industrial ventures. Improve the enabling environment for agribusiness expansion Increase in profitable agribusiness enterprise models Establish an investment fund Provide infrastructure support services $5 million, 7.8% of COBP envelope, of which: ENV = 10% EGM = 40% GEN = 30% PSD = 100% RCI = 0% 6. Public Sector Management: 1: (Strategy 2020: Drivers of change 2: Good Governance and Capacity Development) Continue to strengthen public sector management Implement and monitor the debt management strategy Implement and review the aid policy Government of Samoa and Development Partners Joint Policy Action Matrix Policy based grant for public financial management and climate resilience: - State-owned enterprise reforms - Business regulatory environment $20.5 million, 31.9% of total COBP envelope ($14 million for approval in 2013), of which: ENV = 0% EGM = 40% GEN = 30% PSD = 20% RCI = 0% ADB = Asian Development Bank, COBP = country operations business plan, EGM = effective gender mainstreaming, ENV = environmental sustainability, GEN = gender equity, PSD = private sector development, RCI = regional cooperation and integration. Source: Asian Development Bank. Appendix 1 5

9 6 Appendix 2 LIST OF LINKED DOCUMENTS 1. ADB s Pacific Approach, Strategy for the Development of Samoa, : Boosting Productivity for Sustainable Development 3. International Monetary Fund (IMF) Samoa: Joint IMF/World Bank Debt Sustainability Analysis 4. Review of the Asian Development Bank s Policy on the Performance-Based Allocation of Asian Development Fund Resources 5. Mainstreaming Climate Change in ADB s Operations: Climate Change Implementation Plan, Pacific Islands Region ( )

10 INDICATIVE ASSISTANCE PIPELINE Table A3.1: Lending Products, Year Cost ($ million) Targeting of ADB Project/Program Name Classification Theme Division PDA Total OCR Loans Grants Total Gov t finance Primary PPTA / ADF Co- Sector 2014 Firm Private Sector Development Project PSD GI PSD PLCO Samoa Submarine Cable Project TCT GI GRO PAUS a Total Firm Public Sector Financial Management Program PSM GI GRO SPSO None Total Standby Ports Infrastructure Development TCT GI GRO PATE b Project Total ADB = Asian Development Bank; ADF = Asian Development Fund; GI = general intervention; Gov t = government; GRO = economic growth; OCR = ordinary capital resources; PATE = Transport, Energy, and Natural Resources Division; PAUS = Urban, Social Development, and Public Management; PDA = project design advance; PLCO = Pacific Liaison and Coordination Office; PPTA = project preparatory technical assistance; PSD = private sector development; PSM = public sector management; SPSO = Pacific Subregional Office; TCT = transport and information and communication technology. a Includes $11 million of ADF regional funds and $7.5 million country ADF allocation. b Subject to availability of ADF. Source: Asian Development Bank estimates. Appendix 3 7

11 Table A3.2: Nonlending Products and Services, Sources of Funding Others Assistance Name Sector Division Assistance Type Source Amount ($ 000) Source Amount ($ 000) Total ($ 000) 2014 Public Sector Financial Management PSM SPSO CDTA TASF Ports Masterplan Update Total ADB TCT PATE PATA TASF Appendix Ports Infrastructure Development Project Total TCT PATE PPTA TASF None ADB = Asian Development Bank; CDTA = capacity development technical assistance; PATA = policy and advisory technical assistance, PATE = Transport, Energy and Natural Resources Division; PPTA = project preparatory technical assistance; PSM = public sector management; SPSO = Pacific Subregional Office; TASF = Technical Assistance Special Fund; TCT = transport and information and communication technology. Source: Asian Development Bank estimates.

12 ASSISTANCE PROGRAM FOR THE CURRENT YEAR Table A4.1: Lending Products, 2013 Year Cost ($ million) Targeting of ADB Project/Program Name Classification Theme Division PDA Total OCR Loans Grants Total Gov t finance Primary PPTA / ADF Co- Sector 2013 Firm Renewable Energy and Power Sector Rehabilitation Project ENE GI ENV PATE a b Public Sector Financial Management Program PSM GI GRO SPSO None Total ADB = Asian Development Bank; ADF = Asian Development Fund; ENE = energy; ENV = environmental sustainability; GI = general intervention; Gov t = government; GRO = economic growth; OCR = ordinary capital resources; PATE = Transport, Energy, and Natural Resources Division; PDA = project design advance; PPTA = project preparatory technical assistance; PSM = public sector management; SPSO = Pacific Subregional Office. Source: Asian Development Bank estimates. a Includes $10 million ADF and $8.21 million Disaster Response Facility. b Includes $1million tbc Table A4.2: Nonlending Products and Services, 2013 Assistance Type Sources of Funding ADB Others Amount ($ 000) Source Amount ($'000) Assistance Name Sector Division Source 2013 Customary Land Reform Phase III PSM SPSO PATA TASF Total ADB = Asian Development Bank, PATA = policy and advisory technical assistance, PSM = public sector management, SPSO = Pacific Subregional Office, TASF = Technical Assistance Special Fund. Source: Asian Development Bank estimates. Total ($'000) Appendix 4 9

Country Operations Business Plan. Project Number: 26194. September 2012. Bhutan 2013 2015

Country Operations Business Plan. Project Number: 26194. September 2012. Bhutan 2013 2015 Country Operations Business Plan Project Number: 26194 September 2012 Bhutan 2013 2015 CURRENCY EQUIVALENTS (as of 1 August 2012) Currency Unit ngultrum (Nu) Nu1.00 = $0.0180 $1.00 = Nu55.71 ABBREVIATIONS

More information

Country Operations Business Plan. September 2012. Maldives 2013 2015

Country Operations Business Plan. September 2012. Maldives 2013 2015 Country Operations Business Plan September 2012 Maldives 2013 2015 CURRENCY EQUIVALENTS (as of 31 August 2012) Currency unit rufiyaa (Rf) Rf1.00 = $0.064893 $1.00 = Rf15.4100 ABBREVIATIONS ADB Asian Development

More information

Country Operations Business Plan: Papua New Guinea, 2015 2017

Country Operations Business Plan: Papua New Guinea, 2015 2017 Board of Directors IN.384-14 9 October 2014 Country Operations Business Plan: Papua New Guinea, 2015 2017 Attached for information is a paper on the above subject. For Inquiries: M. Minc, Papua New Guinea

More information

Regional Operations Business Plan. Project Number: 26194 October 2012. Pacific 2013 2015

Regional Operations Business Plan. Project Number: 26194 October 2012. Pacific 2013 2015 Regional Operations Business Plan Project Number: 26194 October 2012 Pacific 2013 2015 ABBREVIATIONS ADB Asian Development Bank DMC developing member country ICT information and communication technology

More information

Country Operations Business Plan. Kazakhstan 2015 2017. December 2014

Country Operations Business Plan. Kazakhstan 2015 2017. December 2014 Country Operations Business Plan December 2014 Kazakhstan 2015 2017 This document is being disclosed to the public in accordance with ADB's Public Communications Policy 2011. CURRENCY EQUIVALENTS (as of

More information

Country Operations Business Plan. Viet Nam 2014 2016. Project Number: 26194s. December 2013

Country Operations Business Plan. Viet Nam 2014 2016. Project Number: 26194s. December 2013 Country Operations Business Plan Project Number: 26194s December 2013 Viet Nam 2014 2016 CURRENCY EQUIVALENTS (as of 12 November 2013) Currency unit dong (D) D1.00 = $0.000047 $1.00 = D21,085 ABBREVIATIONS

More information

Country Operations Business Plan. Turkmenistan 2015 2016. December 2014

Country Operations Business Plan. Turkmenistan 2015 2016. December 2014 Country Operations Business Plan December 2014 Turkmenistan 2015 2016 This document is being disclosed to the public in accordance with ADB s Public Communications Policy 2011. CURRENCY EQUIVALENTS (as

More information

MACROECONOMIC AND FISCAL ASSESSMENT

MACROECONOMIC AND FISCAL ASSESSMENT Public Sector Financial Management Program (RRP SAM 46384) A. BACKGROUND MACROECONOMIC AND FISCAL ASSESSMENT 1. Samoa is composed of about 10 islands, 4 inhabited, and several uninhabited islets situated

More information

Papua New Guinea: Supporting Public Financial Management, Phase 2

Papua New Guinea: Supporting Public Financial Management, Phase 2 Technical Assistance Report Project Number: 44379 012 Capacity Development Technical Assistance (CDTA) November 2012 Papua New Guinea: Supporting Public Financial Management, Phase 2 The views expressed

More information

Republic of the Union of Myanmar: Support for Strengthening Public Debt Management

Republic of the Union of Myanmar: Support for Strengthening Public Debt Management Technical Assistance Report Project Number: 47225 Capacity Development Technical Assistance (CDTA) December 2013 Republic of the Union of Myanmar: Support for Strengthening Public Debt Management The views

More information

Republic of the Maldives: Enhancing Tax Administration Capacity

Republic of the Maldives: Enhancing Tax Administration Capacity Technical Assistance Report Project Number: 47150 Capacity Development Technical Assistance (CDTA) December 2013 Republic of the Maldives: Enhancing Tax Administration Capacity (Financed by the Japan Fund

More information

Country Operations Business Plan: Sri Lanka, 2016 2018

Country Operations Business Plan: Sri Lanka, 2016 2018 Board of Directors IN.276-15 21 August 2015 Country Operations Business Plan: Sri Lanka, 2016 2018 Attached for information is a paper on the above subject. For Inquiries: S. Widowati, Sri Lanka Resident

More information

ICT in ADB Operations

ICT in ADB Operations ICT in ADB Operations April 30th, 2014 Claudia Buentjen Principal Public Management Specialist Regional and Sustainable Development Department Seok Yong Yoon Senior Public Management Specialist (E-Governance)

More information

Independent State of Samoa: Ports Development Master Plan

Independent State of Samoa: Ports Development Master Plan Technical Assistance Report Project Number: 47358-001 Policy and Advisory Technical Assistance (PATA) April 2015 Independent State of Samoa: Ports Development Master Plan The views expressed herein are

More information

Country Operations Business Plan. India 2016 2018. October 2015

Country Operations Business Plan. India 2016 2018. October 2015 Country Operations Business Plan October 2015 India 2016 2018 This document is being disclosed to the public in accordance with ADB's Public Communications Policy 2011. CURRENCY EQUIVALENTS (as 24 September

More information

DEBT SUSTAINABILITY ASSESSMENT

DEBT SUSTAINABILITY ASSESSMENT Second Green Power Development Project (RRP BHU 44444) DEBT SUSTAINABILITY ASSESSMENT A. Background 1. Objective. The government of Bhutan has followed an investment driven approach for inclusive economic

More information

Technical Assistance Report. Project Number: 42532 December 2008. Public Debt and Risk Management Forum

Technical Assistance Report. Project Number: 42532 December 2008. Public Debt and Risk Management Forum Technical Assistance Report Project Number: 42532 December 2008 Public Debt and Risk Management Forum ABBREVIATIONS ADB ADF Asian Development Bank Asian Development Fund DMC PDRM SDR developing member

More information

FINANCIAL ANALYSIS. A. Introduction and Methodology

FINANCIAL ANALYSIS. A. Introduction and Methodology Coastal Towns Environmental Infrastructure Project (RRP BAN 44212) FINANCIAL ANALYSIS A. Introduction and Methodology 1. The Coastal Towns Environmental Infrastructure project finances basic urban service

More information

Governor's Statement No. 34 October 10, 2014. Statement by the Hon. 'AISAKE VALU EKE, Governor of the Bank for TONGA

Governor's Statement No. 34 October 10, 2014. Statement by the Hon. 'AISAKE VALU EKE, Governor of the Bank for TONGA Governor's Statement No. 34 October 10, 2014 Statement by the Hon. 'AISAKE VALU EKE, Governor of the Bank for TONGA Statement by the Hon. 'Aisake Valu Eke, Governor of the Bank for Tonga Mr. Chairman,

More information

Solomon Islands: Economic and Financial Reform Program

Solomon Islands: Economic and Financial Reform Program Completion Report Project Number: 46497-001 Grant Number: 0339 April 2015 Solomon Islands: Economic and Financial Reform Program This document is being disclosed to the public in accordance with ADB s

More information

NINETY-FIRST MEETING WASHINGTON, D.C. APRIL

NINETY-FIRST MEETING WASHINGTON, D.C. APRIL DEVELOPMENT COMMITTEE (Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries) NINETY-FIRST MEETING WASHINGTON, D.C. APRIL

More information

SECTOR ASSESSMENT (SUMMARY): CLIMATE CHANGE. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): CLIMATE CHANGE. 1. Sector Performance, Problems, and Opportunities Climate Resilience Sector Project (RRP TON 46351) Sector Road Map SECTOR ASSESSMENT (SUMMARY): CLIMATE CHANGE 1. Sector Performance, Problems, and Opportunities 1. Tonga is being affected by climate change,

More information

ECONOMIC ANALYSIS (Republic of the Marshall Islands: Public Sector Program)

ECONOMIC ANALYSIS (Republic of the Marshall Islands: Public Sector Program) Public Sector Program (RRP RMI 43321-1) A. Summary ECONOMIC ANALYSIS (Republic of the Marshall Islands: Public Sector Program) 1. The Republic of the Marshall Islands (RMI) gross domestic product (GDP)

More information

Country Partnership Strategy. October India

Country Partnership Strategy. October India Country Partnership Strategy October 2013 India 2013 2017 CURRENCY EQUIVALENTS (as of 20 September 2013) Currency unit Indian rupee(s) (Re/Rs) Re1.00 = $0.0162 $1.00 = Rs61.75 ABBREVIATIONS ADB Asian Development

More information

FROM BILLIONS TO TRILLIONS:

FROM BILLIONS TO TRILLIONS: FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development goals

More information

JOINT MDB CLIMATE FINANCE TRACKING

JOINT MDB CLIMATE FINANCE TRACKING JOINT MDB CLIMATE FINANCE TRACKING Jan-Willem van de Ven Senior Carbon Manager Consultation on Development and Climate Change OECD-CPI event, Warsaw, 19 November 2013 European Bank for Reconstruction and

More information

1. Purpose and Country Context

1. Purpose and Country Context 1. Purpose and Country Context This Country Program Evaluation (CPE) evaluates World Bank Group (International Bank for Reconstruction and Development [IBRD], or the Bank, International Finance Corporation

More information

Haiti s Economic Development since 2004/05 and Macroeconomic Outlook

Haiti s Economic Development since 2004/05 and Macroeconomic Outlook Haiti s Economic Development since 2004/05 and Macroeconomic Outlook By Ugo Fasano Former IMF Resident Representative in Haiti the American-Haitian Chamber of Commerce Port-au-Prince, July 1, 2009 Plan

More information

Mr. Chairman, Mr. President, distinguished Governors, ladies and gentlemen,

Mr. Chairman, Mr. President, distinguished Governors, ladies and gentlemen, Statement by Mr. Jun AZUMI, Minister of Finance of Japan, at the Forty-Fifth Annual Meeting of the Board of Governors of the Asian Development Bank (Manila, Philippines, May 4, 2012) 1. Introduction Mr.

More information

SECTOR ASSESSMENT (SUMMARY): PUBLIC MANAGEMENT INVESTMENT CLIMATE

SECTOR ASSESSMENT (SUMMARY): PUBLIC MANAGEMENT INVESTMENT CLIMATE A. INTRODUCTION Increasing Competitiveness for Inclusive Growth Program, Subprogram 2 (RRP PHI P43396) SECTOR ASSESSMENT (SUMMARY): PUBLIC MANAGEMENT INVESTMENT CLIMATE 1. This updated assessment provides

More information

ADB Gender Mainstreaming Strategy Enhancing Gender Equality Results in ADB Operations. Prabhjot R. Khan India Resident Mission

ADB Gender Mainstreaming Strategy Enhancing Gender Equality Results in ADB Operations. Prabhjot R. Khan India Resident Mission ADB Gender Mainstreaming Strategy Enhancing Gender Equality Results in ADB Operations Prabhjot R. Khan India Resident Mission Outline 1. Gender in ADB corporate architecture 2. Gender Mainstreaming Strategies

More information

The Kingdom of Thailand: Capacity Building for the Neighbouring Countries Economic Development Cooperation Agency

The Kingdom of Thailand: Capacity Building for the Neighbouring Countries Economic Development Cooperation Agency Technical Assistance Report Project Number: 40137 December 2006 The Kingdom of Thailand: Capacity Building for the Neighbouring Countries Economic Development Cooperation Agency The views expressed herein

More information

Public Information Notice (PIN) No. 01/94 FOR IMMEDIATE RELEASE September 19, 2001 International Monetary Fund 700 19 th Street, NW Washington, D. C. 20431 USA IMF Concludes 2001 Article IV Consultation

More information

Faster Approach to Small Nonsovereign Transactions

Faster Approach to Small Nonsovereign Transactions Policy Paper March 2015 Faster Approach to Small Nonsovereign Transactions Distribution of the attached document is restricted until it has been approved by the Board of Directors. Following such approval,

More information

GLOBAL MONITORING REPORT 2014/2015 Ending Poverty and Sharing Prosperity

GLOBAL MONITORING REPORT 2014/2015 Ending Poverty and Sharing Prosperity GLOBAL MONITORING REPORT 2014/2015 Ending Poverty and Sharing Prosperity GLOBAL MONITORING REPORT 2014/2015 Ending Poverty and Sharing Two new features: 1. Introducing the World Bank Group Twin Goals of

More information

IOE PERSPECTIVES ON THE POST 2015 DEVELOPMENT AGENDA JANUARY 2013

IOE PERSPECTIVES ON THE POST 2015 DEVELOPMENT AGENDA JANUARY 2013 IOE PERSPECTIVES ON THE POST 2015 DEVELOPMENT AGENDA JANUARY 2013 INTERNATIONAL ORGANISATION OF EMPLOYERS Disclaimer Articles posted on the website are made available by the UNCTAD secretariat in the form

More information

In recent years, fiscal policy in China has been prudent. Fiscal deficits

In recent years, fiscal policy in China has been prudent. Fiscal deficits 1 Fiscal Policy in China STEVEN DUNAWAY AND ANNALISA FEDELINO* In recent years, fiscal policy in China has been prudent. Fiscal deficits have been lower than budgeted, because revenue overperformances

More information

SIERRA LEONE UPDATES FROM THE INSTANBUL PRIORITY AREAS OF ACTION

SIERRA LEONE UPDATES FROM THE INSTANBUL PRIORITY AREAS OF ACTION SIERRA LEONE UPDATES FROM THE INSTANBUL PRIORITY AREAS OF ACTION 1 OUTLINE OF PRESENTATION Recent Developments Istanbul Priority Areas of Action Poverty Levels Agenda for Prosperity Challenges Conclusion

More information

People s Republic of China: Strategy and Transport Policy Study on Promoting Logistics Development in Rural Areas

People s Republic of China: Strategy and Transport Policy Study on Promoting Logistics Development in Rural Areas Technical Assistance Report Project Number: 48022 Policy and Advisory Technical Assistance (PATA) August 2014 People s Republic of China: Strategy and Transport Policy Study on Promoting Logistics Development

More information

Samoa: Small Business Development Project

Samoa: Small Business Development Project Validation Report Reference Number: PCV: SAM 2011-01 Project Number: 33167 Loan Number: 1785-SAM(SF) January 2011 Samoa: Small Business Development Project Independent Evaluation Department ABBREVIATIONS

More information

Governor's Statement No. 34 October 9, 2015. Statement by the Hon. BARRY WHITESIDE, Governor of the Bank and the Fund for the REPUBLIC OF FIJI

Governor's Statement No. 34 October 9, 2015. Statement by the Hon. BARRY WHITESIDE, Governor of the Bank and the Fund for the REPUBLIC OF FIJI Governor's Statement No. 34 October 9, 2015 Statement by the Hon. BARRY WHITESIDE, Governor of the Bank and the Fund for the REPUBLIC OF FIJI Statement by the Hon. Mr. Barry Whiteside, Governor of the

More information

OVERVIEW OF PAKISTAN S ENERGY SECTOR. 13 October 2015 Islamabad

OVERVIEW OF PAKISTAN S ENERGY SECTOR. 13 October 2015 Islamabad OVERVIEW OF PAKISTAN S ENERGY SECTOR 13 October 2015 Islamabad Objectives of the Presentation Macro-economic Update - Pakistan Energy Sector Update Pakistan World Bank Group Role in Pakistan s Energy Sector

More information

SECTOR ASSESSMENT (SUMMARY): FINANCE 1. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): FINANCE 1. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: Bangladesh, 2011 2015 SECTOR ASSESSMENT (SUMMARY): FINANCE 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. The finance sector in Bangladesh is diverse,

More information

ANGOLA SUMMARY PRESENTATION ON THE IMPLEMENTATION OF THE ISTANBUL PROGRAM OF ACTION ( ), FOCAL POINTS MEETING IN BRUSSELS,7-8 DECEMBER, 2015

ANGOLA SUMMARY PRESENTATION ON THE IMPLEMENTATION OF THE ISTANBUL PROGRAM OF ACTION ( ), FOCAL POINTS MEETING IN BRUSSELS,7-8 DECEMBER, 2015 ANGOLA SUMMARY PRESENTATION ON THE IMPLEMENTATION OF THE ISTANBUL PROGRAM OF ACTION (2011-2020), FOCAL POINTS MEETING IN BRUSSELS,7-8 DECEMBER, 2015 Luanda, December 3, 2015 MEMORANDUM SUMMARY OF THE PROGRESSIV

More information

SECTOR ASSESSMENT (SUMMARY): EDUCATION 1

SECTOR ASSESSMENT (SUMMARY): EDUCATION 1 Country Partnership Strategy: Bangladesh, 2011 2015 SECTOR ASSESSMENT (SUMMARY): EDUCATION 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Bangladesh has made considerable progress

More information

ZAMBIA S PUBLIC DEBT PRESENTED BY BANK OF ZAMBIA AT THE 2015 INTOSAI WORKING GROUP ON PUBLIC DEBT 22 ND TO 23 RD JULY LIVINGSTONE, ZAMBIA

ZAMBIA S PUBLIC DEBT PRESENTED BY BANK OF ZAMBIA AT THE 2015 INTOSAI WORKING GROUP ON PUBLIC DEBT 22 ND TO 23 RD JULY LIVINGSTONE, ZAMBIA ZAMBIA S PUBLIC DEBT PRESENTED BY BANK OF ZAMBIA AT THE 2015 INTOSAI WORKING GROUP ON PUBLIC DEBT 22 ND TO 23 RD JULY LIVINGSTONE, ZAMBIA INTRODUCTION Like in any other economy, Zambia s public debt issues

More information

Business Opportunities Seminar In Australia

Business Opportunities Seminar In Australia Business Opportunities Seminar In Australia Asian Development Bank Eric Gagnon Principal Procurement Specialist Operations Services and Financial Management Department Brisbane, 24 October 2014 1 Welcome

More information

Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision

Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision January 21, 2005 Cabinet Decision 1. About FY2004 Revision 1 Despite recent slack movement observed in certain areas,

More information

THE PROCESS OF PLANNING AND INSTITUTIONAL FRAMEWORK FOR POVERTY REDUCTION STRATEGY: THE CASE OF UGANDA.

THE PROCESS OF PLANNING AND INSTITUTIONAL FRAMEWORK FOR POVERTY REDUCTION STRATEGY: THE CASE OF UGANDA. THE PROCESS OF PLANNING AND INSTITUTIONAL FRAMEWORK FOR POVERTY REDUCTION STRATEGY: THE CASE OF UGANDA. By Margaret Kakande Poverty Analyst Ministry of Finance, Planning and Economic Development, Government

More information

SUMMARY OF NATIONAL VOLUNTARY REVIEW PROCESS INDEPENDENT STATE OF SAMOA

SUMMARY OF NATIONAL VOLUNTARY REVIEW PROCESS INDEPENDENT STATE OF SAMOA SUMMARY OF NATIONAL VOLUNTARY REVIEW PROCESS INDEPENDENT STATE OF SAMOA The Government of the Independent State of Samoa strongly supports the launch of the United Nations Sustainable Development Goals

More information

SECTOR ASSESSMENT (SUMMARY): PUBLIC RESOURCE MANAGEMENT. 1. Public Resource Management Sector Issues and Opportunities

SECTOR ASSESSMENT (SUMMARY): PUBLIC RESOURCE MANAGEMENT. 1. Public Resource Management Sector Issues and Opportunities Country Partnership Strategy: SRI, 2012 2016 SECTOR ASSESSMENT (SUMMARY): PUBLIC RESOURCE MANAGEMENT 1. Public Resource Management Sector Issues and Opportunities 1. The problems in Sri Lanka are multifaceted

More information

REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18

REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18 REPUBLIC OF KENYA COUNTY GOVERNMENT OF LAIKIPIA MEDIUM TERM DEBT MANAGEMENT STRATEGY 2013/14-2017/18 COUNTY EXECUTIVE MEMBER, FINANCE, PLANNING AND COUNTY DEVELOPMENT LAIKIPIA COUNTY February 2014 i EXECUTIVE

More information

OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject.

OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject. Page 1 of 4 OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject. FINANCIAL MANAGEMENT, COST ESTIMATES, FINANCIAL

More information

Fiscal consolidation: the Greek case. Dionysios A. Lalountas Directorate of Macroeconomic Policy & Forecasts Ministry of Finance

Fiscal consolidation: the Greek case. Dionysios A. Lalountas Directorate of Macroeconomic Policy & Forecasts Ministry of Finance Fiscal consolidation: the Greek case Dionysios A. Lalountas Directorate of Macroeconomic Policy & Forecasts Ministry of Finance 1 Structure of the presentation Macroeconomic developments before the sovereign

More information

Following decades of instability and several natural disasters,

Following decades of instability and several natural disasters, IDA at Work Nicaragua: Innovative Approaches Reach the Poor in Remote Rural Areas IDA is helping Nicaragua to scale-up its model interventions for tacking rural poverty Following decades of instability

More information

equitable, quality health care and resilient health systems. Manila: 2015.

equitable, quality health care and resilient health systems. Manila: 2015. Samoa Submarine Cable Project (RRP SAM 47320) SECTOR ASSESSMENT (SUMMARY): INFORMATION AND COMMUNICATION TECHNOLOGY Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Institutional arrangements.

More information

Recommendation for a COUNCIL RECOMMENDATION. on the Netherlands 2012 national reform programme

Recommendation for a COUNCIL RECOMMENDATION. on the Netherlands 2012 national reform programme EUROPEAN COMMISSION Brussels, XXX COM(2012) 322 PROVISIONAL VERSION Recommendation for a COUNCIL RECOMMENDATION on the Netherlands 2012 national reform programme and delivering a Council opinion on the

More information

SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: IND, 2013 2017 SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES Sector Road Map 1. Sector Performance, Problems, and Opportunities

More information

NATIONAL DEBT MANAGEMENT

NATIONAL DEBT MANAGEMENT NATIONAL DEBT MANAGEMENT ICPAK 18 TH AUGUST 2016 KISUMU 1 Public Debt Management Public debt management is the process of establishing and executing a strategy for managing the government's debt in order

More information

Uzbekistan 2012 2016. Country Partnership Strategy. August 2012

Uzbekistan 2012 2016. Country Partnership Strategy. August 2012 Country Partnership Strategy August 2012 Uzbekistan 2012 2016 This document is being disclosed to the public prior to Board consideration in accordance with ADB s Public Communications Policy (2011). Subject

More information

HOUSING AND LAND RIGHTS NETWORK H a b i t a t I n t e r n a t i o n a l C o a l i t i o n

HOUSING AND LAND RIGHTS NETWORK H a b i t a t I n t e r n a t i o n a l C o a l i t i o n HOUSING AND LAND RIGHTS NETWORK H a b i t a t I n t e r n a t i o n a l C o a l i t i o n National Habitat III Parallel-reporting Tool Evaluation of Habitat II Implementation Following the commitments

More information

Pakistan s Program with the IMF

Pakistan s Program with the IMF Pakistan s Program with the IMF 2013-2016 Jeffrey Franks Middle East and Central Asia Department International Monetary Fund May 12, 2014 Weak economic performance: Real GDP growth has been low Private

More information

Governor's Statement No. 36 October 9, 2015. Statement by the Hon. 'AISAKE VALU EKE,

Governor's Statement No. 36 October 9, 2015. Statement by the Hon. 'AISAKE VALU EKE, Governor's Statement No. 36 October 9, 2015 Statement by the Hon. 'AISAKE VALU EKE, Governor of the Bank for TONGA Statement by the Hon. Dr. 'Aisake Valu Eke, Governor of the Bank for Tonga Mr. President

More information

Partnership Brief Cofinancing with Belgium

Partnership Brief Cofinancing with Belgium Partnership Brief Cofinancing with Belgium 2 Contents 3 Defining the Partnership 6 Highlights Tables 8 Direct Value-Added and Other Cofinancing 9 Trust Fund Commitments 2012 Asian Development Bank All

More information

SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES 1. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES 1. 1. Sector Performance, Problems, and Opportunities Country Partnership Strategy: Kyrgyz Republic, 2013 2017 SECTOR ASSESSMENT (SUMMARY): WATER SUPPLY AND OTHER MUNICIPAL INFRASTRUCTURE AND SERVICES 1 Sector Road Map 1. Sector Performance, Problems, and

More information

Papua New Guinea: Microfinance and Employment Project

Papua New Guinea: Microfinance and Employment Project Validation Report Reference Number: PVR 211 Project Number: 32472 Loan Number: 1768 December 2012 Papua New Guinea: Microfinance and Employment Project Independent Evaluation Department ABBREVIATIONS AusAID

More information

SECTOR ASSESSMENT (SUMMARY): FINANCE

SECTOR ASSESSMENT (SUMMARY): FINANCE Microfinance Expansion Project (RRP PNG 44304) Sector Road Map SECTOR ASSESSMENT (SUMMARY): FINANCE 1. Sector Performance, Problems, and Opportunities 1. During 2000 2006, the growth in population in Papua

More information

International Monetary and Financial Committee

International Monetary and Financial Committee International Monetary and Financial Committee Twenty-Seventh Meeting April 20, 2013 Statement by Koen Geens, Minister of Finance, Ministere des Finances, Belgium On behalf of Armenia, Belgium, Bosnia

More information

Ex-ante Evaluation - 1 -

Ex-ante Evaluation - 1 - Ex-ante Evaluation 1. Name of the Project Country: The Independent State of Samoa Project: Power Sector Expansion Project (Loan Agreement: December 10, 2007; Loan Amount: 4,598 million yen; Borrower: The

More information

Pre- and Post-Test for The Great Depression Curriculum Answer Key

Pre- and Post-Test for The Great Depression Curriculum Answer Key Pre- and Post-Test for The Great Depression Curriculum Answer Key 1. Deflation occurs when: a. there is a sustained increase in the price of gasoline. b. there is a sustained decrease in the price of gasoline.

More information

Economic Growth, Trade, and LDCs: Factors Affecting Success Ahead

Economic Growth, Trade, and LDCs: Factors Affecting Success Ahead Economic Growth, Trade, and LDCs: Factors Affecting Success Ahead John S. Wilson Lead Economist Development Economics Research Group Trade and International Integration World Bank May 8, 2012 1 Outline

More information

The Motives, Outcomes and Opportunities of Accessing Local African Debt Markets

The Motives, Outcomes and Opportunities of Accessing Local African Debt Markets REPUBLIC OF NAMIBIA The Motives, Outcomes and Opportunities of Accessing Local African Debt Markets Fourth Annual African Central Banks Conference Hon. Carl-Hermann G Schlettwein Minister of Trade and

More information

EDICT OF THE PRESIDENT OF THE REPUBLIC OF BELARUS. August 29, 2008 No. 460 Minsk

EDICT OF THE PRESIDENT OF THE REPUBLIC OF BELARUS. August 29, 2008 No. 460 Minsk EDICT OF THE PRESIDENT OF THE REPUBLIC OF BELARUS August 29, 2008 No. 460 Minsk On Approval of the Republic of Belarus Monetary Policy Guidelines for 2009 1. To approve the Republic of Belarus Monetary

More information

FBLA: ECONOMICS. Competency: Basic Economic Concepts and Principles

FBLA: ECONOMICS. Competency: Basic Economic Concepts and Principles Competency: Basic Economic Concepts and Principles 1. Define money (characteristics, role, and forms) and trace how money and resources flow through the American economic system. 2. Utilize decision-making

More information

Unit 3 MACROECONOMICS THE AGGREGATE ECONOMY

Unit 3 MACROECONOMICS THE AGGREGATE ECONOMY Unit 3 MACROECONOMICS THE AGGREGATE ECONOMY SSEMA1 (cont) Illustrate the means by which economic activity is measured Macroeconomics Economic growth Gross Domestic Product Net exports Current (Nominal)

More information

Governor's Statement No. 19 October 9, Statement by the Hon. RAVI KARUNANAYAKE, Governor of the Bank and the Fund for SRI LANKA

Governor's Statement No. 19 October 9, Statement by the Hon. RAVI KARUNANAYAKE, Governor of the Bank and the Fund for SRI LANKA Governor's Statement No. 19 October 9, 2015 Statement by the Hon. RAVI KARUNANAYAKE, Governor of the Bank and the Fund for SRI LANKA Statement by the Hon. Ravi Karunanayake, Governor of the Bank and the

More information

Development Effectiveness. Review of the United Nations Development Programme (UNDP) Development Effectiveness

Development Effectiveness. Review of the United Nations Development Programme (UNDP) Development Effectiveness Development Effectiveness Review of the Asian Development Bank (ADB) Development Effectiveness Review of the United Nations Development Programme (UNDP) 2006-2010 SYNTHESIS REPORT MARCH 2012 22 March 2013

More information

Measuring the Development Effectiveness of Private Sector Operations

Measuring the Development Effectiveness of Private Sector Operations Technical Assistance Report Project Number: 48909-001 Regional Capacity Development Technical Assistance (R-CDTA) December 2014 Measuring the Development Effectiveness of Private Sector Operations This

More information

Business Opportunities Seminar

Business Opportunities Seminar Business Opportunities Seminar In Finland, Norway, Denmark, Ireland and The Netherlands (22 29 September 2015) Presented by: Rustam Abdukayumov Senior Procurement Specialist Operations Services and Financial

More information

Supporting the Asian EXIM Banks Forum

Supporting the Asian EXIM Banks Forum Technical Assistance Report Project Number: 48430-001 Regional Capacity Development Technical Assistance (R-CDTA) October 2015 Supporting the Asian EXIM Banks Forum (Financed by the People s Republic of

More information

economies to develop and share their own plans to reduce average transaction costs of remittances to five percent.

economies to develop and share their own plans to reduce average transaction costs of remittances to five percent. 2015 APEC Finance Ministers Statement 1. We, the Finance Ministers of the Asia-Pacific Economic Cooperation convened our 22 nd meeting in Mactan, Cebu, Philippines on 10-11 September 2015 under the Chairmanship

More information

SECTOR ASSESSMENT (SUMMARY): AGRICULTURE AND NATURAL RESOURCES 1

SECTOR ASSESSMENT (SUMMARY): AGRICULTURE AND NATURAL RESOURCES 1 Country Operations Business Plan: Philippines, 2013 2015 SECTOR ASSESSMENT (SUMMARY): AGRICULTURE AND NATURAL RESOURCES 1 A. Sector Performance, Problems, and Opportunities 1. Sector importance and growth

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY

SECTOR ASSESSMENT (SUMMARY): ENERGY Provincial Renewable Energy Project (RRP SOL 46014) SECTOR ASSESSMENT (SUMMARY): ENERGY Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Grid-connected electricity is generated and

More information

U.S. Department of Housing and Urban Development

U.S. Department of Housing and Urban Development U.S. Department of Housing and Urban Development Under the President s leadership, we have turned our economy around and created 14 million jobs. Our unemployment rate is below five percent for the first

More information

ASIAN DEVELOPMENT BANK

ASIAN DEVELOPMENT BANK ASIAN DEVELOPMENT BANK TAR: TAJ 37040 TECHNICAL ASSISTANCE (Financed by the Japan Special Fund) TO THE REPUBLIC OF TAJIKISTAN FOR IMPROVING THE ACCOUNTING AND FINANCIAL MANAGEMENT SYSTEM OF THE SUBSIDIARIES

More information

Islamic Republic of Afghanistan: Supporting the Inter-Ministerial Commission for Energy

Islamic Republic of Afghanistan: Supporting the Inter-Ministerial Commission for Energy Technical Assistance Report Project Number: 46347 Policy and Advisory Technical Assistance (PATA) February 2013 Islamic Republic of Afghanistan: Supporting the Inter-Ministerial Commission for Energy (Financed

More information

Asia Pacific Public Electronic Procurement Network

Asia Pacific Public Electronic Procurement Network Technical Assistance Report Project Number: 47192-001 Regional Capacity Development Technical Assistance (R-CDTA) December 2013 Asia Pacific Public Electronic Procurement Network (Cofinanced by the Republic

More information

List of Proposed Sustainable Development Goals to be attained by 2030

List of Proposed Sustainable Development Goals to be attained by 2030 List of Proposed Sustainable Development Goals to be attained by 2030 1. End poverty in all its forms everywhere 2. End hunger, achieve food security and adequate nutrition for all, and promote sustainable

More information

5. Budget Financing and Debt Management

5. Budget Financing and Debt Management 5. Budget Financing and Debt Management 5.1 To accomplish the objectives of the NSAPR, Bangladesh has been pursuing its debt management activities with various short, medium and long term reform measures.

More information

Recommendation for a COUNCIL RECOMMENDATION. on the 2015 National Reform Programme of Portugal

Recommendation for a COUNCIL RECOMMENDATION. on the 2015 National Reform Programme of Portugal EUROPEAN COMMISSION Brussels, 13.5.2015 COM(2015) 271 final Recommendation for a COUNCIL RECOMMENDATION on the 2015 National Reform Programme of Portugal and delivering a Council opinion on the 2015 Stability

More information

RIA Novosti Press Meeting. Economic Outlook and Policy Challenges for Russia in 2012. Odd Per Brekk Senior Resident Representative.

RIA Novosti Press Meeting. Economic Outlook and Policy Challenges for Russia in 2012. Odd Per Brekk Senior Resident Representative. RIA Novosti Press Meeting Economic Outlook and Policy Challenges for Russia in 2012 Odd Per Brekk Senior Resident Representative January 26, 2012 This morning I will start with introductory remarks on

More information

ASIAN DEVELOPMENT BANK COUNTRY STRATEGY AND PROGRAM UPDATE (2001-2004) AZERBAIJAN

ASIAN DEVELOPMENT BANK COUNTRY STRATEGY AND PROGRAM UPDATE (2001-2004) AZERBAIJAN ASIAN DEVELOPMENT BANK COUNTRY STRATEGY AND PROGRAM UPDATE (2001-2004) AZERBAIJAN July 2001 CURRENCY EQUIVALENTS (as of 30 June 2001) Currency Unit Manat Manat1.00 = $0.00022 $1.00 = Manat 4,644 ABBREVIATIONS

More information

CONGRESSIONAL NOTIFICATION TRANSMITTAL SHEET

CONGRESSIONAL NOTIFICATION TRANSMITTAL SHEET CONGRESSIONAL NOTIFICATION TRANSMITTAL SHEET We wish to inform the Congress of our intent to provide funding of up to $140,000,000 under a Millennium Challenge Compact with the Government of Georgia. This

More information

QUARTERLY ECONOMIC BULLETIN JUNE QUARTER 2012

QUARTERLY ECONOMIC BULLETIN JUNE QUARTER 2012 BANK OF PAPUA NEW GUINEA MEDIA R E L E A S E 9 th October 2012 QUARTERLY ECONOMIC BULLETIN JUNE QUARTER 2012 Mr. Loi M. Bakani, Governor of the Bank of Papua New Guinea (Bank of PNG), today released the

More information

SECTOR ASSESSMENT (SUMMARY): EDUCATION. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): EDUCATION. 1. Sector Performance, Problems, and Opportunities Higher Education Reform Project (RRP PRC 43007) SECTOR ASSESSMENT (SUMMARY): EDUCATION Sector Road Map 1. Sector Performance, Problems, and Opportunities a. Vision and Strategy 1. The Government of Mongolia

More information

UNDP Recovery Activities: Examples from Indonesia and Haiti

UNDP Recovery Activities: Examples from Indonesia and Haiti UNDP Recovery Activities: Examples from Indonesia and Haiti Hossein Sarem Kalali, UNDP The Second Expert Group Meeting on the Great East Japan Earthquake Learning from the Mega Tsunami Disaster 16 18 December

More information

CLIMATE RISK MANAGEMENT IN ADB PROJECTS

CLIMATE RISK MANAGEMENT IN ADB PROJECTS 4. Identification of Adaptation Options The most viable adaptation options or climateproofing measures are identified in consultation with the executing agencies or project sponsors, and are integrated

More information

The World Bank Group. World Bank and IMF: Differences. World Bank and IMF: Differences. What Does the World Bank Do?

The World Bank Group. World Bank and IMF: Differences. World Bank and IMF: Differences. What Does the World Bank Do? The World Bank Group Axel Dreher Konjunkturforschungsstelle Swiss Institute for Business Cycle Research What is the World Bank? Founded in 1944, the Bank is the world s largest source of development assistance

More information

Statistics Netherlands. Macroeconomic Imbalances Factsheet

Statistics Netherlands. Macroeconomic Imbalances Factsheet Macroeconomic Imbalances Factsheet Introduction Since the outbreak of the credit crunch crisis in 2008, and the subsequent European debt crisis, it has become clear that there are large macroeconomic imbalances

More information

Page 1 of 6. JOB TITLE: WASH Manager, Zimbabwe. LOCATION: Harare - Zimbabwe JOB FAMILY: Programme Technical

Page 1 of 6. JOB TITLE: WASH Manager, Zimbabwe. LOCATION: Harare - Zimbabwe JOB FAMILY: Programme Technical Page 1 of 6 JOB TITLE: WASH Manager, Zimbabwe LOCATION: Harare - Zimbabwe SALARY: JOB FAMILY: Programme Technical LEVEL: C1 National OXFAM PURPOSE: To work with others to overcome poverty and suffering

More information