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The Asian Development Bank (ADB) and the government of Palau officially have launched  ADB Pacific Country Office in Koror.

“ADB finance and technical assistance has helped Palau achieve de...

Small island developing states (SIDS) must position themselves to take full advantage of often limited, but nonetheless available, opportunities to improve standards of living and accelerate economic...

April 21, 2019

The Pacific, when measured by aid inflows as a proportion of GDP, is the most aid-dependent region in the world. Geographic remoteness, exposure to frequent natural disasters and vulnerability to clim...

Aiwo — Nauru has begun the construction of its first international port, a $79.59 million project that is anticipated to generate jobs, strengthen the country’s regional connection and pave the way fo...

January 29, 2019

More than a century of phosphate mining, rapid population growth, and the increasing frequency and intensity of climate change impacts have brought about a very dire situation for Nauru – there is jus...

January 17, 2019

Collectively and individually, the economic performance of the Pacific island countries has been erratic for the most part, and in most cases quite pinched, hence their heavy reliance on external aid....

The Asian Development Bank (ADB) and the Government of the Republic of the Marshall Islands on Dec. 13 signed project and grant agreements for an ADB-supported Energy Security Project which will boos...

 The Asian Development Bank (ADB) forecasts economic growth of 1.1 percent in the Pacific subregion in 2018, down from earlier forecasts due to disaster-related challenges and declines in public spend...

December 2, 2017

For Marshall Islands, achieving fiscal sustainability is a challenge upon expiration of the U.S. grants

In October, the U.S. Office of Insular Affairs remitted nearly $17 million to the Compact Trust F...

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