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Tonga: Building Macroeconomic Resilience Program, Subprogram 3

Sovereign (Public) Project | 48361-003 Status: Active
 
Project Name Building Macroeconomic Resilience Program, Subprogram 3
Project Number 48361-003
Country Tonga
Project Status Active
Project Type / Modality of Assistance Grant
ND
Source of Funding / Amount
Grant 0647-TON: Building Macroeconomic Resilience, Subprogram 3
concessional ordinary capital resources lending / Asian Development Fund US$ 5.00 million
Grant: Building Macroeconomic Resilience, Subprogram 3
World Bank US$ 5.50 million
European Union US$ 2.20 million
Government of Australia US$ 2.80 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Partnerships
Private sector development
Sector / Subsector

Public sector management / Economic affairs management - Public administration - Public expenditure and fiscal management - Reforms of state owned enterprises

Gender Equity and Mainstreaming Effective gender mainstreaming
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

More inclusive and sustainable growth and development attained.

A more inclusive, sustainable, and dynamic knowledge-based economy promoted.

More responsive good governance achieved.

Project Outcome
Description of Outcome Fiscal position and business environment inTonga are improved.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Fiscal resilience

An inclusive, modern, and accountable state.

A more dynamic and inclusive economy

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 Basu, Ananya
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Ministry of Finance
Vuna Road
Nuku'alofa
Kingdom of Tonga
Timetable
Concept Clearance -
Fact Finding -
MRM 16 Apr 2019
Approval 05 Jun 2019
Last Review Mission -
Last PDS Update 06 Jun 2019

Grant 0647-TON

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
05 Jun 2019 07 Jun 2019 11 Jun 2019 30 Sep 2019 - -
Financing Plan Grant Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 15.50 Cumulative Contract Awards
ADB 5.00 05 Jun 2019 5.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 10.50 05 Jun 2019 5.00 0.00 100%

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Safeguard Documents See also: Safeguards

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None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.