Strengthening Property Tax Management for Enhancing Local Revenue (ADB-54076-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Cambodia
  • Nepal
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
Proposed
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."
Borrower
Regional
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 Amount (USD)
$ 0.50 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 Apr 21, 2021

Disclosed by Bank May 4, 2020

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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.

According to the bank's website, "This knowledge and support technical assistance (TA) will help the Asian Development Bank's (ADB) developing member countries (DMCs) to strengthen institutional capacity for property taxP0F P management, including property registration institutions, property valuation methodology and local tax administration, to improve service delivery at the subnational level. This will contribute to the localization and achievement of the Sustainable Development Goals (SDGs). The TA will support DMCs in enhancing property registration and valuation through (i) diagnostic studies and policy and administrative recommendations, (ii) knowledge tools on property tax management, and (iii) capacity building for local tax policy and administration. The TA is aligned with ADB Strategy 2030's Operational Priority 4 (OP4) on making cities more livable, and Operational Priority 6 (OP6) on strengthening governance and institutional capacity.P1F PThese operational priorities highlight the importance of domestic resource mobilization (DRM) in strengthening governance and institutional capacity in DMCs, especially the use of property tax in supporting financial sustainability of municipalities directly and indirectly by leveraging other finances. The TA builds on the lessons from an ongoing subprojectP2F P on enhanced revenue performance of recurrent property taxes in Southeast Asia funded by the Domestic Resource Mobilization Trust Fund (DRMTF) and other relevant projects.P3F PIt will be coordinated with the Digital Technology for Development Unit of the Sustainable Development and Climate Change Department (SDCC) and operations departments to enhance digital solutions under the transformative agenda of OP6."

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

Contact Information
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Responsible ADB Officer Nagata, Go
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDTC-GOV
Executing Agencies
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Philippines

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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