• Meet the Innovator from Fiji Protecting our Oceans: Apisalome Movono
    Apisalome’s journey has taken him to Australia where he completed a PhD in tourism and sustainability, back to Fiji to work with the not-for-profit he co-founded, the Laucala Beach Sustainability Society. Apisalome is also one of the first ‘Pacific Oceans Finance Fellows’. The fellowship program is designed to help scale up action on ocean finance initiatives in Pacific Islands Governments, institutions and communities. It is part of the Pacific Regional Oceanscape Program (PROP) - funded by the World Bank and the Global Environment Facility - and implemented through the Pacific Islands Forum Fisheries Association and the Office of the Pacific... Read more »
  • East Asia and the Pacific in the Time of COVID-19 – Regional Economic Update, April 2020
    Download the full report here. Summary of Key Recommendations Developing economies in East Asia and the Pacific (EAP), already struggling with international trade tensions and COVID-19, now face a global shock as the pandemic hits major economies around the world. EAP countries must act quickly, cooperatively, and at scale. The report provides six main policy recommendations for countries:Adjust both health policies and macroeconomic policies. Urgently boost health care capacity to meet what may be an overwhelming demand for a sustained period. Adjust fiscal and monetary policy to meet the COVID-19 crisis. In the financial sector, ease access to credit for households to ease... Read more »
  • Asia Timur dan Pasifik di Masa COVID-19 - Laporan Ekonomi Regional Edisi April 2020
    Download laporan lengkap [PDF] disini. | Ringkasan laporan dalam Bahasa (PDF) Rekomendasi Utama Negara-negara berkembang di Asia Timur dan Pasifik, yang tengah berjuang meghadapi ketegangan perdagangan internasional (trade tension) dan COVID-19, sekarang dihadapkan pada guncangan ekonomi global ketika pandemi melanda ekonomi-ekonomi utama di dunia. Negara-negara Asia Timur dan Pasifik harus bertindak cepat, kooperatif, dan dalam skala yang besar. Laporan ini memberikan enam rekomendasi kebijakan utama untuk pengambil kebijakan di negara – negara di Kawasan Asia Timur Pasifik:Sesuaikan kebijakan kesehatan dan kebijakan ekonomi makro. Untuk mencegah penyebaran infeksi, banyak pemerintah mengambil langkah-langkah pengendalian transmisi seperti lockdown dan larangan bepergian untuk “meratakan kurva... Read more »
  • Breaking Barriers in Fiji: Dr. Oripa Waqa
    What inspired you to become a dentist? I was born on the island of Kadavu in Fiji and my mother was a dental therapist. When I was growing up, I was always around the dental clinic, and I think that was one of the major draws for me. Plus I’ve always wanted to help people and I saw it as a good avenue to do that.  Are there barriers for Pacific women to enter dentistry? During my mother’s time, there were a few women in dentistry, but mostly [dental] therapists. There weren’t many women who were fully-qualified dentists.  But, I... Read more »
  • Breaking Barriers in Fiji: Iva Nancy Vunikura
    How did you get into playing rugby? I lost my mum when I was 18, and growing up on the island of Gau in Fiji, I was struggling with life. A friend hooked me up with rugby and I really enjoyed it. It stopped me from doing other things that could have been bad, and then I represented Fiji in Sevens and Fifteens, and it changed my life. Back then, 10 to 15 years ago, women weren't accepted. It was very hard because a lot of discrimination was happening, but that didn't stop me from doing it. I met friends... Read more »
  • New World Bank Support to Strengthen Fiji’s Business Environment, Improve Access to Finance, and Boost Resilience to Climate Change
    WASHINGTON, D.C., November 7, 2019 – The World Bank’s Board of Executive Directors today approved US$64 million in support for Fiji’s efforts to strengthen its medium-term fiscal sustainability, improve the country’s business climate, and build resilience to climate change. The new operation will also support enhancements to Fiji’s business environment through improvements to Fiji’s business registration procedures, as well as improved access to finance – particularly for women. It is the second in a series of two World Bank operations to support Fiji. “Fiji’s surging partnership with the World Bank is represented by far more than the monetary value of... Read more »
  • Fiji – Second Fiscal Sustainability and Climate Resilience Development Policy Operation
    IBRD Loan: US$ 6.0 million equivalent Terms: Maturity = 15 years; Grace = 5 years IDA Credit: US$ 29.0 million equivalent Terms: Maturity = 40 years; Grace = 10 years IDA Scale-Up Facility Credit: US$ 29.0 million equivalent Terms: Maturity = 30 years; Grace = 10 years Project ID: P168402 Project Description: The program development objective is to support the government’s efforts to: (i) strengthen medium-term fiscal sustainability; (ii) improve the business climate; and (iii) build climate resilience.... Read more »
  • Pacific Islands: Harnessing the transformative power of digital connectivity
    Future Pasifika, a partnership between the University of the South Pacific (USP), the World Bank and its sister organization, the International Finance Corporation (IFC), is a platform for thought leaders to share ideas on how the Pacific can collaborate to tackle the big issues facing this unique and vulnerable region. In October 2019, the second Future Pasifika event was held at the USP in Suva, where a panel of information communications technology (ICT) experts discussed various issues on digital connectivity. “There’s no doubt that the Pacific has moved forward in leaps and bounds on the ICT front since the 1990s... Read more »
  • World Bank Group seeks inclusive strategy in Fiji
    World Bank Group calls for feedback on potential focus areas for 2020 to 2024 SUVA, 29 July 2019 – The World Bank Group has started national consultations to map out its strategy in Fiji for the next four years for work to be undertaken by the World Bank and its sister organisation, the International Finance Corporation, IFC. Open to all Fijian people, as well as representatives from civil society organisations, academics, development partners, the private sector and key government ministries, the consultations will form the basis of the first ever World Bank Group Country Partnership Framework for Fiji. It’s a... Read more »
  • Pacific Finance Ministers Ready to Invest in Human Capital
    DENARAU, May 6, 2019 - Pacific Finance Ministers came together today in Denarau, Fiji, to respond to the World Bank’s call for increased investments in human capital -- the knowledge, skills, and health that people accumulate over their lives. Ministers of Finance from several Pacific Island countries including Fiji and Samoa joined the World Bank to discuss the challenges their countries face, including significant deficits in nutrition, hygiene, healthcare and education. In the Pacific region, deficiencies in these areas have led to stunting in one out of four children, and as high as one in two in Papua New Guinea.... Read more »