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Tonga - Second Economic Reform Support Operation

Abstract*

The operation is the second and final in the Tonga Economic Reform Support Development Policy Program. The operation will support reforms in public financial management, fiscal policy, and the business environment. The operation will consist of a US$ 2.5 million equivalent credit and US$ 2.5 million equivalent grant. Australia, through its Department of Foreign Affairs and Trade (DFAT) is expected to provide associated sector budget support of AU$5.0...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Project Development Objective (Note: will be disclosed in the MOS)The objective of the proposed operation is to improve the mobilization and use of public resources, while addressing constraints in the private sector. The policy areas under consideration for the proposed operation include: i) Strengthening oversight of Government procurement; ii) improved alignment of budget allocations with ministry priorities as expressed in corporate plans; iii)rationalisation of tax exemptions; iv) encouraging private sector involvement in Government-owned business; v) electricity tariff reform to include a lifeline tariff for the poor; vi) reform to encourage foreign investment in fisheries and agriculture.Board Schedule Comments

Key Details

Project Details

  • P149963

  • Closed

  • Kim Edwards

  • N/A

  • Tonga

  • July 7, 2014

  • (as of board presentation)

    October 29, 2014

  • December 1, 2014

  • US$ 5.00 million

  • Ministry of Finance and Planning

  • East Asia and Pacific

  • 2015

  • US$ 5.00 million

  • N/A

  • Not Applicable

  • December 31, 2015

  • BANK APPROVED

  • P144601

  • August 20, 2020

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 5.00
IBRD + IDA Commitment 5.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 5.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 15, 2024 IDA-55540 Int Charges 76.62
Aug 15, 2024 IDA-55540 Int Charges 76.62
Feb 22, 2024 IDA-55540 Int Charges 8,456.34
Feb 22, 2024 IDA-55540 Int Charges 8,456.34
Feb 15, 2024 IDA-55540 Int Charges 14.56
Feb 15, 2024 IDA-55540 Int Charges 14.56
Aug 20, 2024 IDA-55540 Int Charges 8,323.22
Aug 20, 2024 IDA-55540 Int Charges 8,323.22
Aug 15, 2023 IDA-55540 Int Charges 19.76
Aug 15, 2023 IDA-55540 Int Charges 8,493.73
Aug 15, 2023 IDA-55540 Int Charges 8,493.73
Mar 1, 2023 IDA-55540 Int Charges 8,381.39
Feb 15, 2023 IDA-55540 Int Charges 102.52
Feb 15, 2023 IDA-55540 Int Charges 102.52
Mar 1, 2023 IDA-55540 Int Charges 8,381.39
Aug 15, 2023 IDA-55540 Int Charges 19.76
Aug 16, 2016 IDA-55540 Int Charges 8,938.45
Aug 16, 2016 IDA-55540 Int Charges 8,938.45
Feb 15, 2017 IDA-55540 Int Charges 26.17
Feb 15, 2017 IDA-55540 Int Charges 26.17
Feb 17, 2017 IDA-55540 Int Charges 8,514.93
Feb 17, 2017 IDA-55540 Int Charges 8,514.93
Aug 16, 2017 IDA-55540 Int Charges 99.70
Aug 16, 2017 IDA-55540 Int Charges 99.70
Aug 16, 2017 IDA-55540 Int Charges 8,809.92
Aug 16, 2017 IDA-55540 Int Charges 8,809.92
Aug 18, 2015 IDA-55540 Int Charges 2,974.21
Aug 18, 2015 IDA-55540 Int Charges 2,974.21
Aug 18, 2015 IDA-55540 Int Charges 8,922.64
Aug 18, 2015 IDA-55540 Int Charges 8,922.64
Dec 15, 2014 IDA-D0020 Loan Disb 2,484,363.00
Dec 15, 2014 IDA-55540 Loan Disb 2,484,363.00
Feb 15, 2016 IDA-55540 Int Charges 40.54
Feb 15, 2016 IDA-55540 Int Charges 40.54
Feb 18, 2016 IDA-55540 Int Charges 8,845.12
Feb 18, 2016 IDA-55540 Int Charges 8,845.12
Aug 16, 2016 IDA-55540 Int Charges 9.21
Aug 16, 2016 IDA-55540 Int Charges 9.21
Aug 15, 2019 IDA-55540 Int Charges 8,761.74
Aug 15, 2018 IDA-55540 Int Charges 8,819.05
Aug 15, 2018 IDA-55540 Int Charges 8,819.05
Aug 15, 2018 IDA-55540 Int Charges 212.07
Aug 15, 2018 IDA-55540 Int Charges 212.07
Feb 15, 2019 IDA-55540 Int Charges 180.64
Feb 15, 2019 IDA-55540 Int Charges 180.64
Feb 15, 2019 IDA-55540 Int Charges 8,610.43
Feb 15, 2019 IDA-55540 Int Charges 8,610.43
Feb 22, 2018 IDA-55540 Int Charges 150.19
Feb 22, 2018 IDA-55540 Int Charges 150.19
Feb 22, 2018 IDA-55540 Int Charges 9,011.07
Feb 22, 2018 IDA-55540 Int Charges 9,011.07
Feb 15, 2021 IDA-55540 Int Charges 197.61
Feb 15, 2021 IDA-55540 Int Charges 197.61
Feb 15, 2021 IDA-55540 Int Charges 9,166.74
Feb 15, 2021 IDA-55540 Int Charges 9,166.74
Aug 15, 2020 IDA-55540 Int Charges 8,687.67
Aug 15, 2020 IDA-55540 Int Charges 105.68
Aug 15, 2020 IDA-55540 Int Charges 105.68
Aug 15, 2020 IDA-55540 Int Charges 8,687.67
Feb 15, 2020 IDA-55540 Int Charges 57.30
Feb 15, 2020 IDA-55540 Int Charges 57.30
Feb 15, 2020 IDA-55540 Int Charges 8,660.58
Feb 15, 2020 IDA-55540 Int Charges 8,660.58
Aug 15, 2019 IDA-55540 Int Charges 47.88
Aug 15, 2019 IDA-55540 Int Charges 47.88
Aug 15, 2019 IDA-55540 Int Charges 8,761.74
Aug 16, 2022 IDA-55540 Int Charges 8,388.23
Aug 16, 2022 IDA-55540 Int Charges 8,388.23
Feb 15, 2022 IDA-55540 Int Charges 110.39
Feb 15, 2022 IDA-55540 Int Charges 110.39
Feb 22, 2022 IDA-55540 Int Charges 8,792.56
Feb 22, 2022 IDA-55540 Int Charges 8,792.56
Aug 16, 2022 IDA-55540 Int Charges 32.99
Aug 16, 2022 IDA-55540 Int Charges 32.99
Aug 17, 2021 IDA-55540 Int Charges 17.80
Aug 17, 2021 IDA-55540 Int Charges 17.80
Aug 17, 2021 IDA-55540 Int Charges 9,064.55
Aug 17, 2021 IDA-55540 Int Charges 9,064.55
Oct 29, 2014 IDA-55540 Loan Commitment 2,500,000.00
Oct 29, 2014 IDA-D0020 Loan Commitment 2,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-28-2017
OutcomesSubstantial
Risk to Development OutcomeSubstantial
Bank PerformanceModerately Satisfactory
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-28-2018PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyNot RatedN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Improved efficiency and competition in the telecommunications sectorValueTOP114TOP91
    DateNovember 18, 2013June 30, 2015
    Comment
  • Increased value for money in public procurementValueBaseline (2011): ‘C’ score – For at least 60 perceTarget (2015): ‘B’ score – For at least 80 percent
    DateNovember 18, 2013June 30, 2015
    Comment
  • Improved alignment between budget outturns and the appropriated budget at the sub-program levelValue65.000.0050.00
    DateNovember 18, 2013June 30, 2015
    Comment
  • No further decline in tax revenues as a proportion of GDPValue18.100.0018.10
    DateNovember 18, 2013June 30, 2015
    Comment
  • Existence of a large, high quality hotel to facilitate broader tourism developmentValue10.000.0030.00
    DateNovember 18, 2013June 30, 2015
    Comment
  • Increased renewable energy generationValue4.000.0014.00
    DateNovember 18, 2013June 30, 2015
    Comment
  • An improved business enabling environmentValue28.000.0027.00
    DateNovember 28, 2013June 30, 2015
    Comment
  • Increased Openness to Foreign Direct InvestmentValue02
    DateNovember 28, 2013June 30, 2015
    Comment