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We try to get funding through IDA because of their concessional loan terms - AG

Monika Singh 2 February, 2021, 8:00 pm The World Bank Group says recovery of the domestic economy is anticipated to be gradual because of uncertainty surrounding the post-COVID-19 environment and the resulting new norm. Picture: ABISHEK CHAND THE recovery of the domestic economy is anticipated to be gradual because of uncertainty surrounding the post-COVID-19 environment and the resulting new norm. Recently the World Bank Group released its 2021-2024 Country Partnership Framework for Fiji which will look at two focus areas over the next four years — fostering private sector-led growth and i...

World Bank to make $429 million available for Fiji on highly concessional terms over the next 4 years

New World Bank Group Plan for Fiji to Focus on Recovery and Resilience from COVID-19 and Cyclones Format WASHINGTON D.C., January 21, 2021 – Today, the Board of Executive Directors of the World Bank Group (WBG) discussed the new framework for its engagement with Fiji over the next four years, aimed at boosting the Fijian economy and strengthening its fiscal, climate and social resilience following the impacts of two tropical cyclones, and the devastating fall-out from the COVID-19 pandemic. The World Bank Group’s Country Partnership Framework for Fiji, the first for Fiji, provides a stra...