Staff Climate Note No 2022/009

Western Hemisphere Regional Economic Outlook: Navigating Tighter Global Financial Conditions

IMF Staff Reaches Staff-Level Agreement with Serbia on the Third Review Under the Policy Coordination Instrument and a Stand-By Arrangement Request

IMF Managing Director Names Julie Kozack as Director of Strategic Communications

Democratic Republic of the Congo: Statement at the Conclusion of an IMF Mission

IMF Staff Reaches a Staff-Level Agreement with Armenia on a Precautionary Stand-By Arrangement

The technical assistance (TA) aimed to support developing member countries (DMCs) to address development challenges using innovative solutions. The TA envisaged to demonstrate the “One ADB” approach in delivering multiregional and cross-sector and thematic knowledge activities that will advance innovative solutions for DMCs, introduce flexible arrangements, manage and monitor implementation of development solutions, and extract lessons that can be shared across ADB.
This report validates the completion report's assessment of the TA.
IED overall assessment is successful.

The technial assistance (TA) was expected to enhance the capacity of developing member countries to improve their supervision and regulation of financial institutions and markets, and the ability to respond to emerging issues and new developments in the finance sector. 
This report validates the completion report's assessment of the TA.
IED overall assessment is successful.

The project aimed at achieving greater impact on these issues, through mutually reinforcing activities and further microfinance sector development. The project’s envisaged impact was increased economic growth led by the private sector, while its envisaged outcome was participating financial institutions sustainably and safely providing financial services to a substantially increased number of clients across Papua New Guinea.
This report validates the completion report's assessment of the project. IED overall assessment: Less than successful.

The expected impact of the project was accelerated economic and social recovery in Nepal’s earthquake affected districts. The outcome was for the critical economic and social services to be resumed with disaster-resilient infrastructure.
This report validates the completion report's assessment of the project. IED overall assessment: Successful.