fbpx 48490-003: Sustained Private Sector-Led Growth Reform Program (Subprogram 2) | Asian Development Bank

Fiji: Sustained Private Sector-Led Growth Reform Program (Subprogram 2)

Sovereign (Public) Project | 48490-003 Status: Approved

The proposed subprogram 2 will support the government in creating an environment in which the private sector is able to develop and better drive national economic growth through investment, by improving management of public finances; strengthening the performance of state-owned enterprises (SOEs) and opening opportunities for private investment; and enhancing the policy, legislative, and regulatory environment in which businesses operate. The program supports the Asian Development Bank (ADB) Strategy 2030 operational priority on strengthening governance and institutional capacity, particularly in small island developing states.

Project Details

Project Officer
Pamela Wyatt Pacific Department Request for information
Country
  • Fiji
Sector
  • Public sector management
 
Project Name Sustained Private Sector-Led Growth Reform Program (Subprogram 2)
Project Number 48490-003
Country Fiji
Project Status Approved
Project Type / Modality of Assistance Grant
Loan
Source of Funding / Amount
Grant: Sustained Private Sector-Led Growth Reform Program (Subprogram 2)
New Zealand Grant US$ 1.70 million
Loan 3812-FIJ: Sustained Private Sector-Led Growth Reform Program (Subprogram 2)
Ordinary capital resources US$ 65.00 million
Loan: Sustained Private Sector-Led Growth Reform Program (Subprogram 2)
World Bank US$ 64.00 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 / Law and judiciary - Public expenditure and fiscal management - Reforms of state owned enterprises

Gender Equity and Mainstreaming Effective gender mainstreaming
Description The proposed subprogram 2 will support the government in creating an environment in which the private sector is able to develop and better drive national economic growth through investment, by improving management of public finances; strengthening the performance of state-owned enterprises (SOEs) and opening opportunities for private investment; and enhancing the policy, legislative, and regulatory environment in which businesses operate. The program supports the Asian Development Bank (ADB) Strategy 2030 operational priority on strengthening governance and institutional capacity, particularly in small island developing states.
Project Rationale and Linkage to Country/Regional Strategy
Impact Inclusive socioeconomic development achieved
Project Outcome
Description of Outcome Private sector-led economic growth sustained
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Fiscal management

Policy, legal, and institutional framework for SOEs and PPPs

Business and investment climate

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 Pamela Wyatt
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Ministry of Economy
Level 5x Ro Lalabalavu House
370 Victoria Parade
Suva, Fiji
Timetable
Concept Clearance -
Fact Finding 25 Jan 2019 to 31 Jan 2019
MRM 25 Jun 2019
Approval 11 Sep 2019
Last Review Mission -
Last PDS Update 11 Sep 2019

Loan 3812-FIJ

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
11 Sep 2019 - - 31 Mar 2020 - -
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 129.00 Cumulative Contract Awards
ADB 65.00 11 Sep 2019 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 64.00 11 Sep 2019 0.00 0.00 0%

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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.