I. INTRODUCTION: "This economic reform assessment (summary) provides the background to the identification of issues, constraints, and threats to, as well as the government?s priority reforms in support of achieving inclusive growth. It focuses on key cross-cutting strategic issues such as business climate reforms, trade policy liberalization, measures to improve trade facilitation, and financial sector development. It also touches on the need to implement structural policy reforms on a sector-by-sector basis."...II. CONTEXT AND STRATEGIC ISSUES: Context; Economic growth performance has been mixed; Structural transformation of the economy has been relatively slow; Long term economic growth has been relatively low; Macroeconomic effects of the resource sector on the non-resource sector; Limited trade integration with global markets; Low investment rate; Underdeveloped financial sector...B. Strategic issues: While the Government has initiated steps towards a more market economy for private sector to grow and develop, much more needs to be done to improve the environment for private sector development. At the macroeconomic level the challenge will be to manage the potentially adverse effects of the resource boom on the competitiveness of the non-resource sector. At the microeconomic level the challenge will be to advance reforms to reduce transaction costs of doing business and creating a level playing field between firms, or a competitive neutral policy environment. This will need to be done through addressing the complex business licensing system, trade liberalization, measures to improve trade facilitation, promoting competition in domestic markets, and SME access to business development services and technology, credit, and skilled labor, and strengthening the institutional framework for SME policy making; Managing the impact of the resource boom on the growth and development of the non-resource sector; Business climate reforms; Institutionalizing regulatory review processes; Small and medium-sized enterprises (SMEs) development; Restrictive trade policy and inefficient trade facilitation; Competition policy; State economic enterprises (SEE) reform; Financial sector development...III. GOVERNMENT?S SECTOR POLICY AND PLANNING FRAMEWORK...IV. ADB?S SECTOR EXPERIENCE AND ASSISTANCE PROGRAM