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Results for World Bank

Sunday 30 October 2016

Nuku'alofa, Tonga
The Asian Development Bank will increase its financial commitment to the Pacific Region in the coming years, said its Executive Director, Ms Swati Dandekar who visited Tonga with six Executive Directors from 25-29 October, on the 50th Anniversary of the ADB.
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Tuesday 18 October 2016
Suva, Fiji
Ending extreme poverty is possible, says the World Bank after announcing its commitment for a poverty free world by 2030 as it observed the International Day for the Eradication of Poverty on 17 October. Victoria Kwakwa, World Bank Vice President for East Asia and Pacific, visited Fiji to mark the occasion
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Wednesday 3 August 2016

Nuku'alofa, Tonga
Only 20% of households in the Pacific Islands have access to electricity, and electricity prices in the region are among the highest in the world, the Pacific Power Association Conference in Nuku’alofa, Tonga, was reminded yesterday. Keynote speaker, Kamleshwar Khelawan pointed out that more clarity in governance areas would help to encourage private sector confidence and much needed investment partnerships in the energy sector.
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Tuesday 21 June 2016
Suva, Fiji
A Pacific Resilience Program, (PREP) which comprises of a number of projects aimed to strengthen Pacific Island countries resilience to natural disasters and climate change was launched today, 21 June in Fiji.
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Monday 23 May 2016
Nuku'alofa, Tonga
Tackling the Pacific’s leading cause of death, non-communicable diseases (NCDs) will be the focus of Pacific Island leaders when they meet in Nuku’alofa, Tonga between 20-22 June 2016. United Nations Development Programme Administrator, Helen Clark, will deliver a keynote address at the summit, which will be opened by HM King Tupou VI.
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Wednesday 23 March 2016
Nuku'alofa, Tonga
US$2 million in concessional financing approved by the World Bank on 16 March will support Tonga’s efforts to create "a more inclusive and resilient economy" through policy reform. It is to be funded with US$1 million credit and US$1 million grant, provided through the International Development Association, the World Bank's fund for poorest countries.
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Thursday 10 March 2016

Washington D.C., U.S.A
Additional funding for aviation projects currently underway in Tonga and Kiribati under the Pacific Aviation Investment Program, was approved today by the World Bank’s Board of Executive Directors. The Program is delivering essential upgrades to runways, terminal infrastructure and air traffic control management systems, along with sector reform in the Pacific.
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Thursday 25 February 2016

Nuku'alofa, Tonga
The completion of a USD$28 million upgrade of Tonga's two international airports at Fua’amotu and in Vava’u at the end of January, will encourage more international airlines to come to Tonga, with the first 777 aircraft expected in April and a new Vava'u-Fiji link to also start in April.
Wednesday 20 January 2016
Nuku'alofa, Tonga
Tonga and the rest of the Pacific Islands could tap into an online market to create thousands of jobs in IT-related industries according to a World Bank study released in December.
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Friday 2 October 2015
Nuku'alofa, Tonga
An additional US$4 million funding has been approved by the World Bank's Board of Executive Directors to improve and strengthen Tonga's transport sector.
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Wednesday 25 February 2015
Nuku'alofa, Tonga
Tonga’s government will meet today with World Bank officials in Parliament.
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Thursday 30 October 2014
Washington, USA.
Tonga's economy is set to receive a boost after the World Bank today approved a second USD$5 million operation to support growth through the government's national development strategy.
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Tuesday 16 September 2014
Nuku'alofa, Tonga
A new barge, the Talafale was handed over to the Prime Minister Lord Tu’ivakano today to assist with the reconstruction in Ha’apai after the devastation caused by Tropical Cyclone Ian in January.
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Tuesday 12 August 2014
Nuku'alofa, Tonga
Civil works to resurface and strengthen the runways at Tonga's Fua‘amotu International Airport and Lupepau’u International Airport starting this year, are expecting to be completed in 2015, under a $31 million pa'anga project financed by the World Bank.
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Thursday 17 July 2014
Sydney, Australia
The World Bank Group today, 17 July launched a $30 million program to help developing countries reduce costs and improve speed and efficiency of trade at their borders by simplifying their customs procedures.
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Thursday 29 May 2014
Washington DC, USA
The World Bank on 29 May approved a US$12 million in grants and low-interest credits for the reconstruction and repair of hundreds of homes in Ha'apai, and to restore critical community facilities like markets, health centers and schools that were badly damaged by Tropical Cyclone Ian.
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Friday 2 May 2014
Nuku'alofa, Tonga
A rise in Tonga's Gross Domestic Product in the coming years will be driven primarily by the reconstruction of Ha'apai, according to the IMF 2014 Article IV consultation report on Tonga, which also recommended a broading of the Consumption Tax base.
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Tuesday 22 April 2014
Nuku'alofa, Tonga
A government decision and a Parliamentary Motion to stop the construction of temporary houses for the victims of Cyclone Ian in Ha'apai has left the reconstruction in limbo, as the government pursues its objective of allowing only the building of 800 permanent houses at a cost of $48 million, even though no one knows where the funding will come from. From the House, by Pesi Fonua
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Saturday 8 March 2014
Nuku'alofa, Tonga
A review of the safety of Tonga's Transport Sector, to be led by the World Bank and supported by the New Zealand government, could end a stand-off between the two countries over the safety of a Chinese MA60 aircraft that has been operating in Tonga since August last year.
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Wednesday 19 February 2014
Nuku'alofa, Tonga
The World Bank has announced that it will fund repairs to damaged port, airport and roads in Ha’apai. “Cyclone Ian has caused devastating losses to thousands of people and will require long term efforts to rebuild safer and stronger,” the bank's Director for the Pacific Islands, Franz Dress-gross stated this week.
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