Fiji Commits to Bold Growth Reforms as World Bank and Government Signed a Grant Agreement of ETP скачать в хорошем качестве

Fiji Commits to Bold Growth Reforms as World Bank and Government Signed a Grant Agreement of ETP

Fiji Commits to Bold Growth Reforms as World Bank and Government Signed a Grant Agreement of Energy Transformation Project Fiji has reaffirmed its commitment to accelerating economic growth and job creation, with the signing of a new World Bank grant and an implementation agreement with Energy Fiji Limited marking a significant step toward strengthening the country’s reform and energy agenda. The newly signed US$1.2 million grant facility will support priority reforms aimed at boosting productivity, strengthening institutions, and improving the business environment, while the agreement with Energy Fiji Limited advances critical energy sector initiatives, including improved reliability and the transition to renewable energy. Speaking at the signing, Prime Minister and Acting Minister for Finance Hon. Sitiveni Rabuka reaffirmed Fiji’s commitment to its renewable energy program. The Prime Minister also acknowledged the World Bank Group for its continuous support. World Bank Vice President for the East Asia and Pacific (EAP) Region Carlos Felipe Jaramillo said the agreement will advance the goals set by the Prime Minister for Fiji to achieve 100 percent renewable energy supply within the next few years. “We fully support the commitment that you have made to these renewable sources of energy, and this is why we are very excited to support the efforts of the Government to do this work and the other work that we do in Fiji,” he said. “We very much think that green sources, renewable sources of energy, affordable sources of energy are absolutely key to this effort so that SMEs or families can have access to affordable and clean energy.”