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Tonga Second Resilience Development Policy Operation with a Catastrophe-Deferred Drawdown Option

Abstract*

The development objectives and pillars of the Second Resilience Development Policy Operation in Tonga support the Government of Tonga to: (i) strengthen public finances; (ii) enhance resilience to climate change, natural disasters, and health-related risks; and (iii) support economic recovery and improved labor market outcomes. Pillar 1 supports adoption of a new medium-term debt management strategy (MTDS), a policy on government guarantees, and tighter...

* 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 Development Policy Operation supports the Government of Tonga to: (i) strengthen public finances; (ii) enhance resilience to climate change, natural disasters, and health-related risks; and (iii) support economic recovery and improved labor market outcomes.

Key Details

Project Details

  • P172742

  • Closed

  • Andrew Blackman , Yong Vun

  • Kingdom of Tonga

  • Tonga

  • June 24, 2021

  • (as of board presentation)

    November 24, 2021

  • December 16, 2021

  • US$ 0.00 million

  • Ministry of Finance

  • East Asia and Pacific

  • 2022

  • US$ 19.00 million

  • N/A

  • Not Applicable

  • November 30, 2024

  • BANK APPROVED

  • P171071

  • July 24, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Grant 19.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 19.00
IBRD + IDA Commitment 19.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 16, 2022 IDA-E0370 Loan Disb 18,765,464.00
Jan 19, 2022 IDA-D9140 Loan Disb 7,992,711.00
Nov 24, 2021 IDA-D9140 Loan Commitment 8,000,000.00
Nov 24, 2021 IDA-D9130 Loan Commitment 11,000,000.00
Jun 9, 2022 IDA-E0370 Loan Commitment 20,000,000.00
Dec 23, 2021 IDA-D9130 Loan Disb 11,056,761.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.