斐济共和国：技术援助报告公共投资管理评估PIMA和气候PIMA（英）2025

REPUBLIC OF FIJI Public InvestmentManagement Assessment –PIMA and Climate PIMA SEPTEMBER2025 Prepared By Majdeline El Rayess, Harilala Onintsoa Raoilisoa, Bryn Welham, Paul Seeds, Willie Du Preez,Rodney Barber Authoring Departments/Institution Fiscal Affairs Department The contents of this document constitute technical advice provided by the staff of the InternationalMonetary Fund to the authorities of the Republic of Fiji (the "CD recipient") in response to their request fortechnical assistance. Unless the CD recipient specifically objects to such disclosure, this document (inwhole or in part) or summaries thereof may be disclosed by the IMF to the IMF Executive Director for Fiji,to other IMF Executive Directors and members of their staff, as well as to other agencies orinstrumentalities of the CD recipient, and upon their request, to World Bank staff, and other technicalassistance providers and donors with legitimate interest (see Staff Operational Guidance on theDissemination of Capacity Development Information). Publication or Disclosure of this report (in whole orin part) to parties outside the IMF other than agencies or instrumentalities of the CD recipient, World Bankstaff, other technical assistance providers and donors with legitimate interest shall require the explicitconsent of the CD recipient and the IMF’s Fiscal Affairs Department. The analysis and policy considerations expressed in this publication are those of the Fiscal AffairsDepartment. This technical assistance (TA) was provided with financial support from the Government of Japan and thePacific Technical Assistance Center (PFTAC). Acknowledgments INFRASTRUCTURE GOVERNANCE FACILITY This technical assistance mission was made possible thanks to the financial support ofthe Infrastructure Governance Facility, which is funded by the Government of Japan. Contents Executive Summary ..................................................................................................................................10 I. Public Investment in Fiji ........................................................................................................................15 A. Trends in Public Investment and Capital Stock ......................................................................................15B. Composition of Public Investment ..........................................................................................................17C. Impact and Efficiency of Public Investment............................................................................................19 A. Assessment Framework and Overview ..................................................................................................22B. Planning Sustainable Level of Public Investment...................................................................................23C. Allocating Investments to the Right Sectors and Projects......................................................................29D. Delivering Productive and Durable Public Assets ..................................................................................35 III. Climate Change Public Investment Management Assessment ......................................................43 A. Climate Change and Public Investment in Fiji......................................................................................43B. Climate Change Objectives and Strategies............................................................................................46C. Climate Assessment of Public Investment Management .......................................................................47 IV. Cross-Cutting Issues...........................................................................................................................56 A. Legal Framework ....................................................................................................................................56B. Information Technology ..........................................................................................................................57C. Capacity..................................................................................................................................................57 V. Recommendations................................................................................................................................60 Boxes 1. Summary of Two-stage of Project Appraisal...........................................................................................272. Infrastructure Focused Public Corporations in Fiji ..................................................................................303. Good Practice for Calculation of Maintenance Budget: (South African Model) ......................................334. Formalizing the Central Register of Pipeline Projects and Example of Expanded Selection Criteria ....345. Critical Information Required for Quarterly Monitoring of Major Proj