Islamabad: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has disclosed that the project success rate in Pakistan has increased from 58% in 2018-2020 to 64% in 2019-2021, according to media reports published on Thursday (April 14). This was mentioned in the IED validation report titled ‘2022 Annual Evaluation Review: Fragile and Conflict-Affected Situations and Small Island Developing States’.
The report mentioned that the decrease from 86% in 2016-2018 to 64% in 2019-2021 was because of the decline in effectiveness and low sustainability of country programmes. This was evident in the case of Pakistan. The report says that the declining effectiveness was due to shortfalls in achieving the targets. While the persistently low sustainability rate was because of insufficient routine operation and maintenance (O&M) funding.
Moreover, most of the ADB’s technical assistance projects utilised virtual means to carry out their activities and delivered COVID-19 related knowledge like Preparing Health Sector Assessment in Pakistan. Since the ADB’s energy projects in Pakistan were sensitive in terms of environmental safeguards, ADB safeguard policies and national policies were complied with.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
