As stated by the ADB, the program supports Bangladesh's economic recovery from the coronavirus disease pandemic amid a context of heightened regional and global economic uncertainty. Subprogram 2 deepens reforms initiated in subprogram 1, with continued focus in two areas: (i) public financial management; and (ii) access to finance for the underserved market segments, mainly cottage, micro, small, and medium-sized enterprises (CMSMEs). The PFM reforms will help create the fiscal space needed to boost investment in critical physical and social infrastructure. Broadening access to finance will help revitalize CMSMEs, which is crucial not only for preserving employment and livelihoods but also for strengthening production networks throughout the value chain. Subprogram 2 advances these agenda while also building the capacities of government agencies to operationalize the reforms and shaping longer-term reform strategies and plans.
The ADB categorized the project as follows:
ADB Team Leader:
Aminur Rahman - Principal Public Management Economist, SAPF, SARD
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.adb.org/forms/request-information-form
ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals
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.