A final evaluation of the DFAT-International Finance Corporation (IFC) Fiji Private Sector Development Partnership (FPSDP) was completed between March and May 2025 to assess the program’s effectiveness and progress towards its intended outcomes. The evaluation reviewed the program’s contribution to enhancing private sector competitiveness, fostering inclusive and sustainable COVID-19 recovery, and supporting long-term economic growth in Fiji since its commencement in January 2022.
The FPSDP operates through three mutually reinforcing pillars: improving the enabling environment for private sector investment through legal and regulatory reforms; accelerating inclusive, climate-smart investment in key sectors such as tourism, infrastructure, agriculture, and finance; and promoting best practices in environmental and social governance while addressing barriers to women’s economic participation, including childcare and gender-based violence (GBV).
The evaluation found that the program has significantly supported DFAT and the Government of Fiji in promoting private sector development and investment. It highlighted strong progress across all three pillars and identified opportunities for further leverage and impact. The program has benefited from targeted support in areas where IFC and DFAT have strong expertise, creating a solid foundation for partnership and future engagement.
DFAT accepted four of the five recommendations and partially agreed with one. The management response reflects DFAT’s commitment to program improvement and future engagement in private sector development in Fiji. Following the evaluation, the Partnership in its current form has been extended, with a revised end date of June 2027.