Tuvalu DPO and DRM CAT-DDO (WB-P170558)

Countries
  • Tuvalu
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 5, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Tuvalu
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 13.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 13.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 21, 2019

Disclosed by Bank Jul 18, 2019


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Project Description

According to a bank document, "The Development Objective of the Tuvalu DPO and DRM Cat-DDO is to support the government’s efforts to: (i) strengthen public financial management; (ii) enhance infrastructure management, and disaster-and climate-resilience; and (iii) improve social inclusion and protection."

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Demet Kaya, Artessa Saldivar-Sali
Senior Economist

Borrower/Client/Recipient
Maatia Toafa, Deputy Prime Minister and Minister for Finance and Economic
Eeliapo2@gov.tv

Implementing Agencies
Ministry of Finance and Economic Development
Niuatui Niuatui, Director of Budget, Planning & Aid Coordination
nniuatui@gmail.com

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx .