ADB, China to help Greater Mekong Subregion assess poverty-reduction projects |
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Published
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Tue, 13 Nov 2007 06:32 |
MUMBAI (Thomson Financial) - The Asian Development Bank (ADB) said it will manage a 500,000 usd technical assistance grant (TA) funded by China to help countries in the Greater Mekong Subregion (GMS) develop results-based monitoring and evaluation systems used in assessing efforts to reduce poverty.The grant will be used to assist Cambodia, Lao People's Democratic Republic and Vietnam enhance skills, resources and systems for results-based monitoring and evaluation, the ADB said, adding funding is expected to be completed in October 2009.The technical assistance grant will be used to raise proficiency in monitoring and evaluation, conduct research on evaluation capacity development and increase knowledge sharing, the agency added.Olivier Serrat, senior evaluation specialist (knowledge management) said: 'GMS countries have recognized the shortcomings of their monitoring systems. The 14th GMS ministerial meeting held in Manila in June 2007 resolved to address this. The TA will provide related knowledge products and services.'TFN.newsdesk@thomson.comnpr/ranCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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