[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112131-en":3,"doc-seo-112131-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},112131,549758146520,"Patrick","https://ap-avatar.wpscdn.com/avatar/80002397d8c0411e94?_k=1775819394049821470",8,"Research & Report","Regional Partnership Framework for Nine Pacific Island Countries (PIC9) - For the Period FY2026-FY2031","Regional Partnership Framework for nine Pacific Island Countries (PIC9) covering FY2026–FY2031. The framework guides World Bank Group support to generate more and better jobs, building on prior engagement and the WBG Small States Strategy. It identifies shared development priorities including better governance, economic management, private sector development, connectivity and resilience infrastructure, improved human capital and social inclusion, and environmental sustainability. Context highlights extreme remoteness, disaster and climate vulnerability, institutional fragility, fiscal pressures, uneven state capacity, and gender inequality and GBV risks.","Public Disclosure Authorized Public Disclosure Authorized  \nDocument of  \nThe World Bank Group  \nFOR OFFICIAL USE ONLY  \nReport No. CPF0000024  \nINTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  \nINTERNATIONAL DEVELOPMENT ASSOCIATION  \nINTERNATIONAL FINANCE CORPORATION  \nMULTILATERAL INVESTMENT GUARANTEE AGENCY  \nREGIONAL PARTNERSHIP FRAMEWORK  \nFOR  \nNINE 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  \nFOR THE PERIOD FY2026–FY2031  \nMarch 31, 2026  \nPacific Islands Country Management Unit  \nEast Asia and the Pacific Region  \nThe International Finance Corporation  \nEast Asia and the Pacific Region  \nThe Multilateral Investment Guarantee Agency  \nThis 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.  \nOfficial Use Only  \nThe date of the last Regional Partnership was February 28, 2017. The Performance and Learning Review was completed on February 6, 2020.  \nCURRENCY EQUIVALENTS  \nAs of February 28, 2026  \n\n| Country | Currency | Exchange Rate |\n| --- | --- | --- |\n| The Republic of Kiribati | Australian dollar (AU$) | 1 US$ = 1.41 AU$ |\n| The Republic of the Marshall Islands | United States dollar (US$) | N/A |\n| The Federated States of Micronesia | United States dollar (US$) | N/A |\n| The Republic of Nauru | Australian dollar (AU$) | 1 US$ = 1.41AU$ |\n| The Republic of Palau | United States dollar (US$) | N/A |\n| The Independent State of Samoa | Tālā (SAT) | 1 US$ = 2.69 WST |\n| The Kingdom of Tonga | Paʻanga (TOP) | 1 US$ = 2.35 TOP |\n| Tuvalu | Australian dollar (AU$) | 1 US$ = 1.41AU$ |\n| The Republic of Vanuatu | Vatu (VUV) | 1 US$ = 120 VUV |\n\nFISCAL YEAR  \n\n| Country | Fiscal Year |\n| --- | --- |\n| The Republic of Kiribati | 1 January – 31 December |\n| The Republic of the Marshall Islands | 1 October –30 September |\n| The Federated States of Micronesia | 1 October –30 September |\n| The Republic of Nauru | 1 July – 30 June |\n| The Republic of Palau | 1 October –30 September |\n| The Independent State of Samoa | 1 July – 30 June |\n| The Kingdom of Tonga | 1 July – 30 June |\n| Tuvalu | 1 July – 30 June |\n| The Republic of Vanuatu | 1 January – 31 December |\n\n\n|  | World Bank | IFC | MIGA |\n| --- | --- | --- | --- |\n| Vice Presidents: | Carlos Felipe Jaramillo | Sarvesh Suri | Ed Mountfield |\n| Directors: | Stephen N. Ndegwa, Han Fraeters | KeikoMiwa | SebnemErol Madan |\n| Country | Stefano Mocci, Omar | Judith Green |  |\n| Representatives: | Lyasse, Bernard Harborne |  |  |\n| Task Team Leaders: | Marie Michelle Leonardo | Daniel Street, Marco | Eugeniu Croitor |\n|  | Manzanillo | Hernandez |  |\n\nREGIONAL PARTNERSHIP FRAMEWORK FOR NINE PACIFIC ISLAND COUNTRIES Small Island Developing States in the Pacific: Securing Resilient Growth and Jobs  \nThis World Bank Group (WBG) Regional Partnership Framework (RPF) supports a vision of generating more and better jobs over the period FY26–31, in nine Pacific Island Countries (PIC9). The RPF builds on the WBG’s long engagement with small island developing states in the region as well asthe new WBG Small States Strategy. It supports the development priorities that are common across the National Development Plans of the PIC9, which are Kiribati, the Republic of the Marshall Islands (RMI), the Federated States of Micronesia (FSM), Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu. These priorities include better governance, economic management, private sector development, and job creation; greater investment in infrastructure for connectivity and resilience; improved human capital and social inclusion; and greater environmental sustainability and resilience.  \nExtreme dispersion and distance from major global markets ","cbCaij9TtTBIOcwi","https://ap.wps.com/l/cbCaij9TtTBIOcwi","pdf",309929,1,7,"English","en",105,"# Regional Partnership Framework Overview\n## Country scope and period\n## Shared development priorities\n## Regional challenges and risks\n## Strategic selectivity and outcomes","[{\"question\":\"What countries are included in the PIC9 regional partnership framework?\",\"answer\":\"The framework covers nine Pacific Island Countries: Kiribati, the Marshall Islands, the Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu.\"},{\"question\":\"What overall objective does the framework support for FY2026–FY2031?\",\"answer\":\"It supports a vision of generating more and better jobs during FY26–31, aligned with shared national development priorities across the PIC9.\"},{\"question\":\"Which major regional risks and constraints does the document highlight?\",\"answer\":\"It highlights extreme dispersion and remoteness, natural disaster and climate change vulnerability, institutional fragility, limited economic opportunities, fiscal deficits, uneven state capacity, and gender inequality including high rates of 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countries are included in the PIC9 regional partnership framework?","Question",{"text":74,"@type":75},"The framework covers nine Pacific Island Countries: Kiribati, the Marshall Islands, the Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"What overall objective does the framework support for FY2026–FY2031?",{"text":79,"@type":75},"It supports a vision of generating more and better jobs during FY26–31, aligned with shared national development priorities across the PIC9.",{"name":81,"@type":72,"acceptedAnswer":82},"Which major regional risks and constraints does the document highlight?",{"text":83,"@type":75},"It highlights extreme dispersion and remoteness, natural disaster and climate change vulnerability, institutional fragility, limited economic opportunities, fiscal deficits, uneven state capacity, and gender inequality including high rates of 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