Signing of Japanese ODA Loan Agreement with Fiji: Contributing to the COVID-19 crisis response in Fiji through provision of budget support

[Goal 1]No Poverty
[Goal 8] Decent Work and Economic Growth
[Goal 10] Reduced Inequalities


On March 2, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Republic of Fiji in Suva to provide a Japanese ODA loan of up to 10 billion yen for the COVID-19 Crisis Response Emergency Support Loan.

The objective of the program loan is to contribute to social and economic stability in Fiji that COVID-19 has negatively affected, by providing financial support to implement economic and fiscal countermeasures in order to improve public financial management, and the policy, legal and institutional framework and business/investment climate of Fiji, by co-financing with the Asian Development Bank (ADB). This program loan will contribute to the achievement of SDGs Goals 1, 8 and 10.

Details for the program loan are provided below.

1. Terms and Amount of Loan
Project title Amount
(million yen)
Annual interest rate (%) Repayment
Project Consulting services
the COVID-19 Crisis Response Emergency Support Loan 10,000 0.01 - 15 4 General untied

2. Executing Agency
Ministry of Economy
Address: Level 10, Ro Lalabalavu House, Victoria Parade, Suva, Fiji

3. Planned Implementation Schedule
(1) Completion of program loan: March 2021 – when the loan is executed
(2) Issuing of letters of invitation for consulting services (including detailed design work):
No hiring of consultants is planned for this program loan.
(3) Tender announcement of initial procurement package for international competitive bidding on project construction:
No work in conjunction with bidding is planned for this program loan.

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