| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 15.00 |
Fiscal Sustainability and Climate Resilience DPO
Abstract*
The operation supports Fiji’s reform effort to strengthen medium‐term fiscal sustainability while undertaking structural reforms to improve the business climate and resilience to climate change. The proposed operation of US$15 million is the first in a programmatic series of two development policy operations (DPOs). At the request of the Government of the Republic of Fiji, the World Bank has worked closely with the Asian Development Bank (ADB) on... Show More
Development Objective
This Development Policy Operation is intended to support the government in its implementation of reforms to safeguard medium-term fiscal sustainability while creating an environment for private-sector led growth and building climate resilience.
Key Details
Project Details
P165276
Closed
Demet Kaya , Mizuho Kida
Ministry of Economy
Fiji
March 5, 2018
(as of board presentation)
April 2, 2018
April 27, 2018
US$ 15.00 million
N/A
2018
US$ 15.00 million
N/A
Not Applicable
June 30, 2019
BANK APPROVED
November 1, 2021
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 15.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 15.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 15.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2019 | IBRD-88400 | Int Charges | 260,187.50 |
| Apr 2, 2018 | IBRD-88400 | Loan Commitment | 15,000,000.00 |
| Dec 11, 2018 | IBRD-88400 | Int Charges | 236,900.00 |
| May 11, 2018 | IBRD-88400 | Loan Disb | 14,962,500.00 |
| Apr 27, 2018 | IBRD-88400 | Loan Disb | 37,500.00 |
| Apr 27, 2018 | IBRD-88400 | Fee Charges | 37,500.00 |
| Nov 15, 2019 | IBRD-88400 | Int Charges | 244,566.67 |
| May 15, 2020 | IBRD-88400 | Int Charges | 190,341.67 |
| Nov 15, 2020 | IBRD-88400 | Int Charges | 97,366.67 |
| May 15, 2021 | IBRD-88400 | Int Charges | 64,104.17 |
| Nov 15, 2021 | IBRD-88400 | Int Charges | 62,866.67 |
| May 15, 2022 | IBRD-88400 | Int Charges | 64,858.33 |
| Nov 15, 2022 | IBRD-88400 | Int Charges | 231,267.19 |
| May 15, 2023 | IBRD-88400 | Int Charges | 21,037.96 |
| May 15, 2023 | IBRD-88400 | Int Charges | 380,246.66 |
| May 15, 2023 | IBRD-88400 | Loan Repay | 750,000.00 |
| Nov 15, 2023 | IBRD-88400 | Int Charges | 8,986.35 |
| Nov 15, 2023 | IBRD-88400 | Int Charges | 435,443.62 |
| Nov 15, 2023 | IBRD-88400 | Loan Repay | 750,000.00 |
| May 15, 2024 | IBRD-88400 | Int Charges | 436,200.00 |
| May 15, 2024 | IBRD-88400 | Loan Repay | 750,000.00 |
| May 15, 2024 | IBRD-88400 | Int Charges | 2,809.80 |
| Dec 11, 2018 | IBRD-88400 | Int Charges | 5,127.81 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 11-01-2021 |
|---|---|
| Outcomes | Moderately Unsatisfactory |
| Risk to Development Outcome | |
| Bank Performance | Moderately Satisfactory |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-11-2022 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | 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 | Substantial | N/a |
| M&e Quality | N/a |
Results Framework
No data available.