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The First Solomon Islands Transition to Sustainable Growth Development Policy Operation

Abstract*

The development objectives of First Solomon Islands Transition to Sustainable Growth Development Policy Operation for Solomon Islands are: strengthening fiscal management in the areas of debt management, cash management and budget management; and ii) strengthening the business environment through simplifying tax processes, fighting corruption and supporting more efficient payments systems. The first pillar of the operation to strengthen fiscal management...

* 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

The proposed operation focuses on two Program Development Objectives, namely i) strengthening fiscal management in the areas of debt management, cash management and budget management; and ii) strengthening the business environment through simplifying tax processes, fighting corruption and supporting more efficient payments systems.

Key Details

Project Details

  • P167465

  • Closed

  • Anna Elizabeth Robinson , Carlos Rafael Orton Romero

  • Solomon Islands

  • Solomon Islands

  • August 5, 2019

  • (as of board presentation)

    May 6, 2020

  • May 29, 2020

  • US$ 0.00 million

  • Ministry of Finance and Treasury

  • East Asia and Pacific

  • 2020

  • US$ 15.00 million

  • N/A

  • March 18, 2024

  • November 30, 2021

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 11.84
IDA Credit 3.16

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 15.00
IBRD + IDA Commitment 15.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 6, 2020 IDA-65850 Loan Commitment 3,160,000.00
Oct 15, 2021 IDA-65850 Int Charges 109.45
Oct 15, 2023 IDA-65850 Int Charges 149.78
Oct 15, 2023 IDA-65850 Int Charges 149.78
Oct 15, 2023 IDA-65850 Int Charges 11,789.28
Oct 15, 2023 IDA-65850 Int Charges 11,789.28
Apr 15, 2024 IDA-65850 Int Charges 11,642.90
Apr 15, 2024 IDA-65850 Int Charges 11,642.90
Apr 15, 2024 IDA-65850 Int Charges 204.43
Apr 15, 2024 IDA-65850 Int Charges 204.43
Apr 19, 2022 IDA-65850 Int Charges 12,195.16
Apr 15, 2022 IDA-65850 Int Charges 76.23
Apr 15, 2022 IDA-65850 Int Charges 76.23
Apr 19, 2022 IDA-65850 Int Charges 12,195.16
Oct 15, 2022 IDA-65850 Int Charges 336.17
Oct 15, 2022 IDA-65850 Int Charges 336.17
Oct 15, 2022 IDA-65850 Int Charges 11,152.33
Oct 15, 2022 IDA-65850 Int Charges 11,152.33
Apr 15, 2023 IDA-65850 Int Charges 395.01
Apr 15, 2023 IDA-65850 Int Charges 395.01
Apr 15, 2023 IDA-65850 Int Charges 11,641.41
Apr 15, 2023 IDA-65850 Int Charges 11,641.41
Jun 9, 2020 IDA-65850 Loan Disb 3,314,712.00
Jun 9, 2020 IDA-D5390 Loan Disb 12,015,831.00
Oct 15, 2020 IDA-65850 Int Charges 8,880.97
Oct 15, 2020 IDA-65850 Int Charges 8,880.97
Apr 15, 2021 IDA-65850 Int Charges 11.74
Apr 15, 2021 IDA-65850 Int Charges 11.74
Apr 15, 2021 IDA-65850 Int Charges 12,857.40
Apr 15, 2021 IDA-65850 Int Charges 12,857.40
Oct 15, 2021 IDA-65850 Int Charges 12,597.47
Oct 15, 2021 IDA-65850 Int Charges 12,597.47
Oct 15, 2021 IDA-65850 Int Charges 109.45
May 6, 2020 IDA-D5390 Loan Commitment 11,840,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-18-2024
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceHighly Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-30-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceHighly SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualityN/a

Results Framework

No data available.