Support to Public Finance and Finance Sector Reform in Henan Province (ADB-51015-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Henan Province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
U
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
Sep 12, 2017
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 People's Republic of China, Finance Department Henan Province
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.35 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)
$ 1.35 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 Oct 19, 2017

Disclosed by Bank Jul 31, 2017


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Project Description
According to ADB's website, the TA is aligned with the following impact: public sector management improved. This will support Henan province to reform its budget expenditure management system. The TA will have the following outcome: program budget accuracy and preciseness improved. Further, it has two components: Component 1: Budgetary expenditure standards for selected development programs formulated and; Component 2: Agriculture insurance services for modern agriculture development prepared. According to ADB documents, the project has risk category of low and safeguard categorization is not applicable.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Robertson, Suzanne Kay East Asia Department No contact information provided at the time of disclosure 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