Strengthening Public Financial Management Program (ADB-49041-001)

Countries
  • Cambodia
Geographic location 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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jan 14, 2016
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Royal Government of Cambodia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 2, 2020

Disclosed by Bank Feb 1, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The PPTA will prepare a report including three outputs which will provide the basis for preparation of report and recommendation of the President to the Board of Directors and linked documents, including the program administration manual. The three outputs are (i) refinement and implementation support for the policy matrices for subprograms 1 and 2; (ii) preparation of the scope of the TA loan; and (iii) preparatory works for program documents (subprogram 1). Under Output 1, the PPTA will review and refine the policy matrices; support implementation of some policy, institutional and regulatory reforms; and assess the costs, economic rationale, sustainability and impacts of those policy reforms and recommend mitigation measures for any adverse effects. Under Output 2, the PPTA will identify policy, institutional and regulatory reforms and capacity development measures under the TA loan in key PFM areas, including in public debt management for the Ministry of Economy and Finance (MEF); program budgeting, financial management and internal audit for selected ministries; and in performance and compliance audits, and audits of information and communication technology and sub-national administrations for the National Audit Authority (NAA). Under Output 3, the PPTA will assess financial management and procurement capacity of executing and implementing agencies; support gender analysis, and review implementation and fund flow arrangements for the subprogram 1. It may also include macroeconomic and fiscal analysis, cost and benefit analysis of the program and the impact of implementation of policy actions and mitigation measures for undesired short-term impacts on the poor. Synergies of the proposed program with current and planned ADB support for decentralization reforms, and ongoing and planned investment projects and sector development programs will be identified and maximized.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

How it works

How it works