| Financier | Commitments |
|---|---|
| IDA Grant | 10.00 |
Kiribati First Resilient Growth Development Policy Operation with a Catastrophe Deferred Drawdown Option
Abstract*
The operation is the first in a programmatic series of two development policy operations (DPO), and includes a Disaster Risk Management (DRM) policy grant with a Catastrophe Deferred Drawdown Option (Cat DDO). The objectives and pillars of the operation are: (i) strengthening fiscal management, and (ii) promoting inclusive and climate-resilient economic development. The first operation provides grant financing of US$10.0 million, comprising of US$8.0... Show More
Development Objective
The objectives and pillars of the operation are: (i) strengthening fiscal management, and (ii) promoting inclusive and climate-resilient economic development.
Key Details
Project Details
P177794
Active
Samuel Wills , Armando Guzman Escobar
Republic of Kiribati
November 2, 2022
(as of board presentation)
November 30, 2023
December 21, 2023
US$ 0.00 million
Ministry for Finance and Economic Development
2024
US$ 10.00 million
N/A
February 4, 2024
December 31, 2026
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 10.00 |
| IBRD + IDA Commitment | 10.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 30, 2023 | IDA-E2530 | Loan Commitment | 2,000,000.00 |
| Dec 29, 2023 | IDA-E2520 | Loan Disb | 8,167,046.00 |
| Nov 30, 2023 | IDA-E2520 | Loan Commitment | 8,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-05 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-05 |
| Monitoring and Evaluation | Satisfactory | 2024-12-05 |
| Program Management | Satisfactory | 2024-12-05 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.