Public Sector Program - Subprogram 1 :
Marshall Islands
| Project Outcome |
| Outcome |
Progress Toward Outcome |
|
The government achieves fiscal sustainability
|
|
| Implementation Progress |
| Outputs |
Status of Implementation
Progress (Outputs, Activities and Issues) |
The government's fiscal discipline improves over the medium term.
The cabinet enforces restraint on recurrent expenditure.
MOF increases tax revenue.
Selected SOEs improve their performance.
Cabinet ensures effective stakeholder participation in public sector reform initiatives.
|
Loan 2659-RMI: Public Sector Program - Subprogram 1 was approved by the ADB Board on 17 August 2010 and became effective on 28 September 2010 when all loan conditions were met. The loan of SDR 6,413,000 ($9,979,846) was fully disbursed on 5 October 2010.
|
| Geographical Location |
Majuro, Marshall Islands |
Safeguard Categories
|
| Environment |
C |
| Resettlement |
C |
| Indigenous People |
C |
| Responsible ADB Officer |
Hayden Everett
|
| Responsible ADB Department |
Pacific Department
|
| Responsible ADB Division |
Urban, Social Development & Public Management Division, PARD
|
| Concept Clearance |
09 Apr 2010 |
| Fact-finding |
10 May 2010 to
14 May 2010 |
| Board Approval |
17 Aug 2010 |
|
CLOSING |
| Loan No. |
Approval |
Signing |
Effectivity |
Original |
Revised |
Actual |
| 2659-RMI |
17 Aug 10 |
08 Sep 10 |
28 Sep 10 |
28 Feb 11 |
- |
28 Feb 11 |
| |
TOTAL (
Amount in US$ million) |
| Project Cost |
9.50
|
| ADB |
9.50
|
| Counterpart |
0.00
|
| Cofinancing |
0.00
|
|
| Date |
ADB |
OTHERS |
Net Percentage |
| Cumulative Contract
Awards |
| 24 May 2013 |
9.980
|
|
100%
|
| Cumulative
Disbursements |
|
24 May 2013 |
9.980
|
|
100%
|
|
| Category |
Sector |
Social |
Financial |
Economic |
Others |
Safe |
| Rating |
|
|
Satisfactory
|
Satisfactory
|
Satisfactory
|
Satisfactory
|
|
|
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