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Kiribati: Strengthening Economic Management Reform Program (Subprogram 1)

Sovereign (Public) Project | 47322-001 Status: Closed
Project Name Strengthening Economic Management Reform Program (Subprogram 1)
Project Number 47322-001
Country Kiribati
Project Status Closed
Project Type / Modality of Assistance Grant
Source of Funding / Amount
Grant 0560-KIR: Strengthening Economic Management Reform Program (Subprogram I)
concessional ordinary capital resources lending / Asian Development Fund US$ 5.00 million
Grant: Strengthening Economic Management Reform Program (Subprogram I)
Government of Australia US$ 400,000.00
World Bank US$ 5.00 million
Government of New Zealand US$ 2.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Sector / Subsector

Public sector management / Public expenditure and fiscal management

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy
Impact Stable macroeconomic framework achieved (Kiribati Development Plan, 2016 2019)
Project Outcome
Description of Outcome Overall economic management improved
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Public finances, public assets and liabilities improved

Environment for the private sector improved

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Wyatt, Pamela
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Ministry of Finance and Economic Development
P.O. Box 67
Bairiki, Tarawa
Republic of Kiribati
Concept Clearance 09 Oct 2017
Fact Finding 19 Jun 2017 to 26 Jun 2017
MRM 26 Oct 2017
Approval 14 Dec 2017
Last Review Mission -
Last PDS Update 12 Jun 2019

Grant 0560-KIR

Approval Signing Date Effectivity Date Closing
Original Revised Actual
14 Dec 2017 15 Dec 2017 15 Dec 2017 31 May 2018 - 19 Feb 2018
Financing Plan Grant Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 12.40 Cumulative Contract Awards
ADB 5.00 14 Dec 2017 5.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 7.40 14 Dec 2017 5.00 0.00 100%

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