| Financier | Commitments |
|---|---|
| IDA Grant | 1.50 |
Tuvalu Second Development Policy Operation
Abstract*
The Second Development Policy Operation for Tuvalu is the second in a programmatic series of two operations in support of the coutnry's ongoing reform efforts. This operation will support reforms to strengthen public financial management and improve social services delivery. Given the importance of the public sector to Tuvalu's economy, an effective system for public financial management (PFM) is critical. The first pillar of the program focuses on... Show More
Development Objective
The proposed development policy operation will support the Government of Tuvalu's medium term reform agenda in the ares of public finance mangement, service delivery and public enterprise reforms.
Key Details
Project Details
P150194
Closed
Lucy Pan
Ministry of Finance and Economic Development
July 10, 2014
(as of board presentation)
March 26, 2015
May 6, 2015
US$ 1.50 million
Ministry of Finance and Economic Development
2015
US$ 1.50 million
N/A
August 20, 2020
December 31, 2016
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 1.50 |
| IBRD + IDA Commitment | 1.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1.50 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 23, 2016 | IDA-D0900 | Loan Disb | 3,057,054.00 |
| Jun 16, 2015 | IDA-D0340 | Loan Disb | 1,546,699.00 |
| Mar 26, 2015 | IDA-D0340 | Loan Commitment | 1,500,000.00 |
| Sep 15, 2015 | IDA-D0900 | Loan Commitment | 3,000,000.00 |
| Jun 26, 2015 | IDA-D0340 | Loan Disb | 780.92 |
Ratings
IMPLEMENTATION RATINGS
No data available.
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
No data available.