{"id":85348,"date":"2022-04-17T10:00:00","date_gmt":"2022-04-17T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=85348"},"modified":"2022-04-15T11:29:42","modified_gmt":"2022-04-15T06:29:42","slug":"adb-project-success-rate-increases","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/adb-project-success-rate-increases.html","title":{"rendered":"ADB project success rate increases in Pakistan"},"content":{"rendered":"\n<p>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 \u20182022 Annual Evaluation Review: Fragile and Conflict-Affected Situations and Small Island Developing States\u2019.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-gas-storage-infrastructure.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB, Pak to conduct master study to assess gas storage infrastructure<\/a><\/p>\n\n\n\n<p>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&amp;M) funding.&nbsp;<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-urban-infrastructure-kp-cities.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB to improve urban infrastructure in 5 KP cities, agreement signed<\/a><\/p>\n\n\n\n<p>Moreover, most of the ADB\u2019s 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 <a href=\"https:\/\/www.zameen.com\/news\/faisalabad-to-get-adb-funded-wastewater-treatment-plant-soon.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB\u2019s energy projects<\/a> in Pakistan were sensitive in terms of environmental safeguards, ADB safeguard policies and national policies were complied with. \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20182022 Annual Evaluation Review: Fragile and Conflict-Affected Situations and Small Island Developing States\u2019. Read: ADB, Pak to conduct master study to assess gas storage infrastructure 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&amp;M) funding.&nbsp; Read: ADB to improve urban infrastructure in 5 KP cities, agreement signed Moreover, most of the ADB\u2019s 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\u2019s energy projects in Pakistan were sensitive in terms of environmental safeguards, ADB safeguard policies and national policies&hellip;<\/p>\n","protected":false},"author":83,"featured_media":63438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51962,24453],"persona":[],"class_list":{"0":"post-85348","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-adb-project-success-rate-increases-in-pakistan","9":"tag-asian-development-bank-adb","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADB project success rate increases in Pakistan - Zameen News<\/title>\n<meta name=\"description\" content=\"The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has disclosed that the project success rate in Pakistan has increased....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/adb-project-success-rate-increases.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADB project success rate increases in Pakistan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has disclosed that the project success rate in Pakistan has increased....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/adb-project-success-rate-increases.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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