Performance and Learning Review of the Regional Partnership Framework for Nine Pacific Island Countries (PIC9) - 145750-EAP - February 6, 2020

Jul 19, 2026

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Performance and Learning Review of the Regional Partnership Framework for nine Pacific Island Countries (PIC9), covering the Republic of Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu for FY2017–FY21. The report presents country-specific fiscal year alignment and currency equivalents, followed by an extensive section of abbreviations and acronyms used across World Bank Group organizations. It is designated for official use only with restricted distribution.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages121

Reading Time5 h 5 min

Performance and Learning Review

Regional Partnership Framework for PIC9

Fiscal Year and Currency Equivalents

Abbreviations and Acronyms

Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank FOR OFFICIAL USE ONLY Report No. 145750-EAP INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL FINANCE CORPORATION MULTILATERAL INVESTMENT GUARANTEE AGENCY PERFORMANCE AND LEARNING REVIEW OF THE REGIONAL PARTNERSHIP FRAMEWORK FOR NINE PACIFIC ISLAND COUNTRIES (PIC9): THE REPUBLIC OF KIRIBATI, THE REPUBLIC OF THE MARSHALL ISLANDS, THE FEDERATED STATES OF MICRONESIA, THE REPUBLIC OF NAURU, THE REPUBLIC OF PALAU, THE INDEPENDENT STATE OF SAMOA, THE KINGDOM OF TONGA, TUVALU, AND THE REPUBLIC OF VANUATU FOR THE PERIOD FY2017-FY21 February 6, 2020 Papua New Guinea and Pacific Islands Country Management Unit East Asia and the Pacific Region The International Finance Corporation East Asia and the Pacific Region The Multilateral Investment Guarantee Agency This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization. The date of the last Regional Partnership was February 28, 2017. FISCAL YEAR | Country | FY | | --- | --- | | The Republic of Kiribati | 1 January-31 December | | The Republic of the Marshall Islands | 1 October-30 September | | The Federated States of Micronesia | 1 October-30 September | | The Republic of Nauru | 1 July-30 June | | The Republic of Palau | 1 October-30 September | | The Independent State of Samoa | 1 July-30 June | | The Kingdom of Tonga | 1 July-30 June | | Tuvalu | 1 January-31 December | | The Republic of Vanuatu | 1 January-31 December | CURRENCY EQUIVALENTS | Country | Currency | 1 US$ equivalent | | --- | --- | --- | | The Republic of Kiribati | Australian dollar (AU$) | 1 US$ = 1.43 AU$ | | The Republic of the Marshall Islands | United States dollar (US$) | n.a. | | The Federated States of Micronesia | United States dollar (US$) | n.a. | | The Republic of Nauru | Australian dollar (AU$) | 1 US$ = 1.43 AU$ | | The Republic of Palau | United States dollar (US$) | n.a. | | The Independent State of Samoa | Tālā (SAT) | 1 US$ = 2.61 WST | | The Kingdom of Tonga | Paʻanga (TOP) | 1 US$ = 2.30 TOP | | Tuvalu | Australian dollar (AU$) | 1 US$ = 1.43 AU$ | | The Republic of Vanuatu | Vatu (VUV) | 1 US$ = 114.00 VUV | As of December 31, 2019 ADB APIP APP APW ASA AU$ BAV Cat-DDOs CCPA CERC CMU CXI CSU CY DFAT DOF DPL DPO EA EAP ECCE EEZ EMC ESF FM FSM FUN FY GDP GBV GHG HCI HIES IA IBRD ICR ICT IDA IFC IMF IPF IRU ISR km kW kWh Mbps MIGA MOF ABBREVIATIONS AND ACRONYMS Asian Development Bank Australia–Pacific Islands Partnership Trust Fund Ave Pa’anga Pau (remittance voucher) Faleolo Airport Advisory Services and Analytics Australian dollar Bankers Association of Vanuatu Catastrophe Deferred Drawdown Options Climate Change Policy Assessment Contingency Emergency Response Component Country Management Unit Cassidy Airport Central Support Unit Calendar year Department of Foreign Affairs and Trade (Australia) Department of Finance Development Policy Loan Development policy operation Executing agency East Asia and Pacific Early childhood care and education Exclusive Economic Zone East Micronesia Cable Environmental and Social Framework Financial management Federated States of Micronesia Funafuti Airport Fiscal year Gross domestic product Gender-based violence Greenhouse gas Human Capital Index Household Income Expenditure Survey Implementing agency International Bank for Reconstruction and Development Implementation Completion and Results Report Information and communication technology International Development Association International Finance Corporation International Monetary Fund Investment project financing International Road Transport Union I

FAQs

What countries are included in the PIC9 regional partnership framework review?

The review covers nine Pacific Island countries: Kiribati, Marshall Islands, Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu.

What period does the performance and learning review cover?

It covers FY2017–FY21, with the report dated February 6, 2020.

Does the report provide fiscal year and currency information by country?

Yes. It lists each country’s fiscal year dates and provides currency equivalents for relevant currencies against a US$ benchmark where available.

Jul 19, 2026

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