Supporting Reforms to Strengthen Fiscal Resilience and Improve Public Service Delivery (ADB-51245-001)

Countries
  • Tuvalu
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
Approved
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
Nov 9, 2017
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
Government of Tuvalu
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
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.
Grant Amount (USD)
$ 0.70 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)
$ 0.70 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 20, 2020

Disclosed by Bank Nov 9, 2017

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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 proposed knowledge and support technical assistance (KSTA) will help implement and sustain the government's medium term public sector management reform agenda by supporting efforts to build on sound public financial management practices and improve public service delivery. The proposed KSTA is included in the country operations business plan 2018 2020 for Tuvalu approved in September 2017 and is aligned with the Asian Development Bank's (ADB) Pacific Approach, 2016 2020. Also linked to strategic areas in Tuvalu's National Strategy for Sustainable Development, 2016 2020 (Te Kakeega III), notably good governance; the economy, growth and stability; infrastructure and support services.

The reform measures directly supported by the proposed KSTA are articulated in the government's fourth Policy Reform Matrix (PRM IV) covering the period 2016 2020. Since 2012, the PRMs have been an implementation and monitoring tool for the government's reform priorities that also provide the basis for the provision of general budget support. The implementation of the PRM has led to substantial improvements in macroeconomic and fiscal management, including greater fiscal discipline asserted on the budget process and consideration given to fiscal sustainability. ADB's ongoing capacity development TA has played a critical role in supporting the implementation of selected reforms under the first three phases of the PRM and tagged to ADB policy-based operations in 2012 and 2015 delivering $4.35 million in policy-based grants. The proposed KSTA will build on previous ADB interventions to support public financial management, which will be anchored to ADB's policy-based operations planned for 2018 and 2019, both valued at $2 million each.

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.

Ministry of Finance and Economic Development
Private Bag
Funafuti
Tuvalu

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

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