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The Second Solomon Islands Transition to Sustainable Growth Development Policy Operation

Abstract*

The development objectives and pillars of the Second Transition to Sustainable Growth Development Policy Operation in Solomon Islands are: (1) to strengthen fiscal management in the areas of debt management, cash management and procurement; (2) to strengthen the business environment through simplifying tax processes, fighting corruption and supporting more efficient payments systems; and (3) to improve environmental sustainability by strengthening...

* 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 Objectives and pillars of this operation are: (1) to strengthen fiscal management in the areas of debt management, cash management and procurement; (2) to strengthen the business environment through simplifying tax processes, fighting corruption and supporting more efficient payments systems; and (3) to improve environmental sustainability by strengthening national planning for climate change and reducing plastic pollution.

Key Details

Project Details

  • P172454

  • Closed

  • Csilla Lakatos

  • Solomon Islands

  • Solomon Islands

  • May 15, 2021

  • (as of board presentation)

    November 30, 2021

  • December 14, 2021

  • US$ 0.00 million

  • Ministry of Finance and Treasury

  • East Asia and Pacific

  • 2022

  • US$ 5.00 million

  • N/A

  • March 18, 2024

  • March 31, 2023

  • BANK APPROVED

  • P167465

  • 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$)
Jun 1, 2023 IDA-71270 Int Charges 330.25
Dec 1, 2023 IDA-71270 Int Charges 148.57
Dec 1, 2023 IDA-71270 Int Charges 148.57
Dec 1, 2023 IDA-71270 Int Charges 12,337.15
Dec 1, 2023 IDA-71270 Int Charges 12,337.15
Jun 1, 2022 IDA-E0290 Loan Commitment 11,500,000.00
Jun 1, 2022 IDA-71270 Loan Commitment 3,500,000.00
Dec 23, 2021 IDA-D9160 Loan Disb 14,975,613.00
Jul 28, 2022 IDA-E0290 Loan Disb 10,955,457.00
Jun 7, 2024 IDA-71270 Int Charges 163.38
Jun 7, 2024 IDA-71270 Int Charges 12,567.99
Dec 15, 2022 IDA-71270 Int Charges 8,304.17
Dec 15, 2022 IDA-71270 Int Charges 8,304.17
Jun 7, 2024 IDA-71270 Int Charges 12,567.99
Jul 28, 2022 IDA-71270 Loan Disb 3,334,441.50
Nov 30, 2021 IDA-D9160 Loan Commitment 15,000,000.00
Jun 7, 2024 IDA-71270 Int Charges 163.38
Jun 1, 2023 IDA-71270 Int Charges 12,628.16
Jun 1, 2023 IDA-71270 Int Charges 12,628.16
Jun 1, 2023 IDA-71270 Int Charges 330.25

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.