Manila, Feb 3, 2006 AEST (ABN Newswire) - Asian Development Bank (ASX: ATB) will help the Governments of Bangladesh, Nepal, and Pakistan to build, strengthen, and reform their systems and practices to enable the adoption of a results-oriented approach to poverty reduction.
The project, which will promote the practice of managing for development results (MfDR), will be funded by a US$1.8 million technical assistance (TA) grant from the United Kingdom's Poverty Reduction Cooperation Fund.
MfDR, adopted by ADB in 2004, is a means of improving the planning, monitoring and evaluation of operations to achieve and sustain the intended results. One of the main features of ADB's MfDR action plan is to help its developing member countries better manage for results.
"Improving development outcomes, as set out in the Millennium Development Goals, is clearly a shared responsibility of developing member countries and their development partners," says John Samy, Deputy Director General of ADB's South Asia Department.
"Of crucial importance to ADB and other development partners is that, while we build our internal capacity for implementing the MfDR approach, we also develop a similar capacity within our developing member countries."
The TA will assess the readiness of the three countries to adopt MfDR practices and then develop an action plan for each. It will also test some readily implementable MfDR initiatives under ADB-financed projects.
"Through this project, our development partners will be able to rely more confidently on their own systems for the planning, resource allocation, and accountability of their development resources, thus allowing the delivery of more flexible and relevant forms of development assistance," adds Ziba Farhadian-Lorie, an ADB Principal Economist.
The participating governments will contribute $100,000 in the form of counterpart staff, office accommodation, and utilities toward the TA's total cost of $1.9 million. The project will be carried out over about two years.
Contact
Omana Nair
Email: onair@adb.org
Tel:+632 632 5178; +63 917 855 2085
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