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$102.7million Boost To Address Employment Impacts Of COVID-19


$102.7million Boost To Address Employment Impacts Of COVID-19
The immense social and economic impact of COVID-19 have brought Fiji’s tourism sector to a virtual standstill have been exacerbated by a staggering five tropical cyclones since January 2020: including two severe Category Five cyclones.
by world bank
2021-03-27
The World Bank’s Board of Executive Directors has approved a US$50 million ($102.7 million) Credit to support Fiji’s recovery from the impacts of COVID-19 and severe tropical cyclones Harold and Yasa.
The project has a special focus on women who have been disproportionally affected by the crisis.
In the past 12 months, Fiji has experienced an extraordinary hit from external shocks. ....

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World Bank Group announces massive $1b strategy for Fiji


Indra Singh Manager News and Sports
[email protected] | @IndraFBC
January 22, 2021 11:04 am
The World Bank Group has today announced a new strategy for Fiji worth over one billion dollars.
The World Bank will be providing over $429 million, while IFC will pump in over six hundred million dollars.
A statement released today says the Fijian Government and the World Bank Group have agreed to a new strategy in Fiji over the next four years.
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The WBG says central to the strategy is a focus on supporting Fiji’s recovery from the economic and social impacts of COVID-19, as well as severe Tropical Cyclones Harold and Yasa, in addition to the ongoing impacts of climate change. ....

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