Development Projects : Tuvalu Development Policy Operation

Abstract*

The objective of the First Development Policy Operation Program for Tuvalu is to support reforms that strengthen public financial management and improve the delivery of social services, while providing critical financing to enable the rebuilding of fiscal buffers. Tuvalu's economy is highly vulnerable to challenges stemming from its very small size and geographic isolation, and relies heavily on grants to meet its development financing needs. The... Show More

Development Objective

To support reforms that strengthen public financial management and improve the delivery of social services, while providing critical financing to enable the rebuilding of fiscal buffers.

Key Details

Project Details

Project ID
P145488
Status
Closed
Team Leader
Lucy Pan
Borrower 2
Ministry of Finance and Economic Development

Country
Tuvalu
Disclosure Date
November 22, 2013
Approval Date
(as of board presentation)
November 22, 2013
Effective Date
January 31, 2014

Total Project Cost 1
US$ 3.00 million
Implementing Agency
Ministry of Finance and Economic Development
Region
East Asia and Pacific
Fiscal Year 3
2014

Commitment Amount
US$ 3.00 million
Environmental Category
N/A
Last Update Date
August 20, 2020
Closing Date
June 30, 2014

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy10%
- FY17 - Tax policy10%

FY17 - Human Development and Gender

FY17 - Education20%
- FY17 - Access to Education5%
- FY17 - Science and Technology5%
- FY17 - Standards, Curriculum and Textbooks5%
- FY17 - Teachers5%
FY17 - Health Systems and Policies20%
- FY17 - Health System Strengthening20%

FY17 - Public Sector Management

FY17 - Public Administration20%
- FY17 - Transparency, Accountability and Good Governance20%
FY17 - Public Finance Management30%
- FY17 - Domestic Revenue Administration10%
- FY17 - Public Expenditure Management20%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	3.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	3.00
IBRD + IDA Commitment	3.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	3.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 22, 2013	IDA-H8890	Loan Commitment	3,000,000.00
Apr 7, 2014	IDA-H8890	Loan Disb	3,083,420.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2014-04-20
Monitoring and Evaluation	Satisfactory	2014-04-20
Overall Implementation Progress (IP)	Satisfactory	2014-04-20
Program Management	Satisfactory	2014-04-20

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-22-2017
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	High
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Not Applicable
Implementing Agency	Not Applicable

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-15-2018	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Unsatisfactory	N/a
Risk To Development Outcome	Substantial	N/a
Bank Performance	Moderately Unsatisfactory	N/a
Borrower Performance	Moderately Unsatisfactory	N/a
Government Performance	Moderately Unsatisfactory	N/a
Implementing Agency	Moderately Unsatisfactory	N/a
Icr Quality	Modest	N/a
M&e Quality	Negligible	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Management of revenue records Value Full reconciliation not available Treasury records do not deviate by more than 10 pe
Date December 31, 2012 December 31, 2015
Comment

Increased budget allocation to primary and secondary education (including vocational)	Value	AUD 3.1 million	Increase on average by at least 5 percent per annu
	Date	December 31, 2012	December 31, 2015
	Comment	Estimate

Variance in composition of expenditure	Value	Average 2010-12 variance > 10%	Average 2013-15 variance < 10%
	Date	December 31, 2012	December 31, 2015
	Comment	Calculated in accordance with PEFA guidelines for PEFA Indicator II, excluding one-off lumpy items.

Increased budget allocation to primary and secondary health Value AUD 2.3 million Increase on average by at least 5 percent per annu
Date December 31, 2012 December 31, 2015
Comment Estimate
Share of newly approved projects implemented in line with the outer island plans for community development Value n/a > 50 percent.
Date December 31, 2012 December 31, 2015
Comment

Management of revenue records	Value	Full reconciliation not available	Treasury records do not deviate by more than 10 pe
	Date	December 31, 2012	December 31, 2015
	Comment

Increased budget allocation to primary and secondary health	Value	AUD 2.3 million	Increase on average by at least 5 percent per annu
	Date	December 31, 2012	December 31, 2015
	Comment	Estimate

Share of newly approved projects implemented in line with the outer island plans for community development	Value	n/a	> 50 percent.
	Date	December 31, 2012	December 31, 2015
	Comment