Support for Governance and Capacity Development (ADB-46059-004)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 18, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Laos
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Jan 7, 2016


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Project Description
This Technical Assistance (TA) will support MOF and selected sector ministries in the budget formulation process, with a focus on medium-term budgeting, together with capacity development. In addition, the TA will facilitate the early adoption and implementation of an objective, non-discriminatory, transparent, formula-based inter-governmental fiscal transfer arrangement together with capacity development to improve the efficiency of service delivery and address vertical and horizontal imbalances. In addition, the TA will support EPFC to strengthen its role in fulfilling its oversight functions through policy advice and technical support, together with institutional coordination across a number of key ministries.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Ministry of Finance That Luang Road P.O. Box 46, Vientiane, 23 Singha Road Lao People's Democratic Republic of ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main