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Second Fiscal and Economic Reform Operation

Abstract*

The development objectives of Second Fiscal and Economic Reform Operation Project for Samoa (i) to improve fiscal management in the areas of debt, procurement and revenue; (ii) to strengthen the payments system, tourism sector policy and private sector development opportunities as foundations for more robust economic growth over the medium term, and (iii) to strengthen the monitoring, reporting, and coordination of climate resilience activities in...

* 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

Building on the achievements of the First Fiscal & Economic Reform Operation, the objective of this operation is to support the Government of Samoa's efforts to strengthen public financial management and establish the conditions for more robust private sector growth over the medium term. The policy areas under consideration for the proposed operation include: (i) debt management; (ii) procurement; (iii) tax revenue; (iv) payments systems and remittances; (v) tourism; (vi) PPPs policy and (vii) tackling NCDs.

Key Details

Project Details

  • P155118

  • Closed

  • Kim Edwards

  • N/A

  • Samoa

  • July 18, 2016

  • (as of board presentation)

    September 13, 2016

  • March 16, 2017

  • US$ 5.00 million

  • Ministry of Finance

  • East Asia and Pacific

  • 2017

  • US$ 5.00 million

  • N/A

  • Not Applicable

  • December 31, 2017

  • BANK APPROVED

  • P149770

  • 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 June 30, 2025

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

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 13, 2016 IDA-59010 Loan Commitment 5,000,000.00
Apr 1, 2024 IDA-59010 Int Charges 17,535.82
Apr 1, 2024 IDA-59010 Int Charges 17,535.82
Apr 1, 2024 IDA-59010 Int Charges 333.86
Apr 1, 2024 IDA-59010 Int Charges 333.86
Apr 1, 2018 IDA-59010 Int Charges 19,627.11
Apr 1, 2018 IDA-59010 Int Charges 19,627.11
Aug 1, 2017 IDA-59010 Loan Disb 5,082,912.00
Apr 1, 2018 IDA-59010 Int Charges 6,542.37
Apr 1, 2018 IDA-59010 Int Charges 6,542.37
Oct 1, 2018 IDA-59010 Int Charges 18,813.69
Oct 1, 2018 IDA-59010 Int Charges 18,813.69
Oct 1, 2018 IDA-59010 Int Charges 29.34
Oct 1, 2018 IDA-59010 Int Charges 29.34
Apr 1, 2019 IDA-59010 Int Charges 18,641.20
Apr 1, 2019 IDA-59010 Int Charges 18,641.20
Apr 1, 2019 IDA-59010 Int Charges 98.82
Apr 1, 2019 IDA-59010 Int Charges 98.82
Oct 1, 2019 IDA-59010 Int Charges 139.06
Oct 1, 2019 IDA-59010 Int Charges 139.06
Oct 1, 2019 IDA-59010 Int Charges 18,248.21
Oct 1, 2019 IDA-59010 Int Charges 18,248.21
Apr 1, 2020 IDA-59010 Int Charges 18,337.04
Apr 1, 2020 IDA-59010 Int Charges 18,337.04
Apr 1, 2020 IDA-59010 Int Charges 102.74
Apr 1, 2020 IDA-59010 Int Charges 102.74
Oct 1, 2020 IDA-59010 Int Charges 149.05
Oct 1, 2020 IDA-59010 Int Charges 149.05
Oct 1, 2020 IDA-59010 Int Charges 18,892.97
Oct 1, 2020 IDA-59010 Int Charges 18,892.97
Apr 1, 2021 IDA-59010 Int Charges 19,089.95
Apr 1, 2021 IDA-59010 Int Charges 19,089.95
Apr 1, 2021 IDA-59010 Int Charges 34.42
Apr 1, 2021 IDA-59010 Int Charges 34.42
Oct 1, 2021 IDA-59010 Int Charges 18,765.00
Oct 1, 2021 IDA-59010 Int Charges 18,765.00
Oct 1, 2021 IDA-59010 Int Charges 292.68
Oct 1, 2021 IDA-59010 Int Charges 292.68
Apr 1, 2022 IDA-59010 Int Charges 230.72
Apr 1, 2022 IDA-59010 Int Charges 230.72
Apr 1, 2022 IDA-59010 Int Charges 18,404.41
Apr 1, 2022 IDA-59010 Int Charges 18,404.41
Oct 1, 2022 IDA-59010 Int Charges 237.34
Oct 1, 2022 IDA-59010 Int Charges 237.34
Oct 1, 2022 IDA-59010 Int Charges 17,041.04
Oct 1, 2022 IDA-59010 Int Charges 17,041.04
Apr 1, 2023 IDA-59010 Int Charges 605.74
Apr 1, 2023 IDA-59010 Int Charges 605.74
Apr 1, 2023 IDA-59010 Int Charges 17,554.86
Apr 1, 2023 IDA-59010 Int Charges 17,554.86
Oct 1, 2023 IDA-59010 Int Charges 17,667.05
Oct 1, 2023 IDA-59010 Int Charges 17,667.05
Oct 1, 2023 IDA-59010 Int Charges 85.18
Oct 1, 2023 IDA-59010 Int Charges 85.18

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-27-2019
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-13-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeModestN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyNot RatedN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

No data available.