Kiribati : Sustainable and Inclusive Economic Recovery Program, Subprogram 1

Sovereign Project | 56284-001

Project Name Sustainable and Inclusive Economic Recovery Program, Subprogram 1
Project Number 56284-001
Country / Economy Kiribati
Project Status Active
Project Type / Modality of Assistance Grant

Source of Funding / Amount
Grant 0914-KIR: Sustainable and Inclusive Economic Recovery Program, Subprogram 1
Asian Development Fund US$ 5.00 million
Grant: Sustainable and Inclusive Economic Recovery Program
Government of Australia US$ 2.72 million
Government of New Zealand US$ 1.56 million
Grant: Sustainable and Inclusive Economic Recovery Program, Subprogram 1
World Bank US$ 10.00 million
European Union US$ 2.71 million
Operational Priorities OP1: Addressing remaining poverty and reducing inequalities
OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP6: Strengthening governance and institutional capacity
Sector / Subsector

Finance / Finance sector development

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

Gender Some gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
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 Narain, Ashish
Responsible ADB Department Sectors Group
Responsible ADB Division Public Sector Management and Governance Sector Office (SG-PSMG)
Executing Agencies
Ministry of Finance and Economic Development
Timetable
Concept Clearance 21 Apr 2023
Fact Finding 22 May 2023 to 09 Jun 2023
MRM -
Approval 21 Nov 2023
Last Review Mission -
Last PDS Update 21 Nov 2023

Grant 0914-KIR

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
21 Nov 2023 24 Nov 2023 28 Nov 2023 29 Feb 2024 - -
Financing Plan Grant Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 5.00 Cumulative Contract Awards
ADB 5.00 20 Dec 2023 0.00 0.00 0%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 20 Dec 2023 5.00 0.00 100%

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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

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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.