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Kiribati Second Inclusive Growth and Resilience Development Policy Operation

Abstract*

The development objective of Second Inclusive and Resilient Growth Development Policy Operation for Kiribati is to (i) strengthen sustainable management of sovereign wealth and improve public financial management; and (ii) support prospects for inclusive growth and more resilient livelihoods under global economic uncertainty and climate change threats. This operation supports structural reforms that Government of Kiribati (GOK )is taking to address...

* 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 program development objective is to (i) strengthen sustainable management of sovereign wealth and improve public financial management; and (ii) support prospects for inclusive growth and more resilient livelihoods under global economic uncertainty and climatechange threats.

Key Details

Project Details

  • P169179

  • Closed

  • Kevin Chua , Virginia Ann Horscroft, Anna Elizabeth Robinson

  • Republic of Kiribati

  • Kiribati

  • June 27, 2019

  • (as of board presentation)

    December 3, 2020

  • December 17, 2021

  • US$ 0.00 million

  • Ministry for Finance and Economic Development

  • East Asia and Pacific

  • 2021

  • US$ 5.00 million

  • N/A

  • N/A

  • February 28, 2022

  • BANK APPROVED

  • P167263

  • February 13, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 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** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 25, 2022 IDA-D7380 Loan Disb 5,019,264.00
Dec 3, 2020 IDA-D7380 Loan Commitment 5,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 02-12-2023
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-05-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityHighN/a
M&e QualityN/a

Results Framework

No data available.