| Financier | Commitments |
|---|---|
| IDA Grant | 5.50 |
Tonga Third Inclusive Growth Development Policy Operation
Abstract*
This programmatic development policy operation (DPO) series is designed to strengthen the foundations for the achievement of key national outcomes under the government’s Tonga Strategic development framework 2015-2025 (TSDF II). Fiscal and economic management reforms under pillar one support the government’s inclusive development priority and improve the resourcing of key public service delivery. Pillar two supports more responsive and effective government... Show More
Development Objective
i) Support fiscal resilience by means of strengthened revenue mobilization and strategic fiscal and debt policies; ii) support improved government accountability by improving compliance with public procurement regulations, improving budgetary classifications, and improving the adequacy of responses to external audit; and iii) support a more dynamic and inclusive economy by adopting investor-friendly foreign investment legislation, improving oversight and private participation in public enterprises, introducing regulation to private sector labor markets, and strengthening regulatory frameworks in selected sectors.
Key Details
Project Details
P159263
Closed
Andrew Blackman , Kim Edwards
Ministry of Finance
May 16, 2019
(as of board presentation)
May 16, 2019
June 18, 2019
US$ 5.50 million
Ministry of Finance
2019
US$ 5.50 million
N/A
Not Applicable
September 30, 2020
BANK APPROVED
February 26, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 5.50 |
| IBRD + IDA Commitment | 5.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 5.50 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 24, 2019 | IDA-D4580 | Loan Disb | 5,565,640.00 |
| May 16, 2019 | IDA-D4580 | Loan Commitment | 5,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-06-2022 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Modest | N/a |
| M&e Quality | N/a |
Results Framework
No data available.