Countries and Regions

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Country Strategy and Program Update 2003-2005: Fiji Islands, Republic of the

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I. Country Strategy

1. The strategy for the Fiji Islands supports the Government's national goals expressed in its Strategic Development Plan (SDP) for 2002-2004. The SDP proposes firm action to stimulate economic recovery to improve the quality of life of the people. The Government's immediate goal is to restore democratic rule and good governance for political stability, social cohesion, and economic recovery. The medium-term goal is to achieve sustainable economic growth and higher living standards through equitable distribution of wealth for all. The Government's strategy emphasizes the importance of private sector investment as the engine to stimulate the economy.

2. The strategy of the Asian Development Bank (ADB)'s strategy for the Fiji Islands supports the Government's priorities and is consistent with the Pacific Strategy for the New Millennium. ADB's overall objective for the country is to promote economic growth and improvement of the quality of life. The country strategy for 2003-2005 is to support economic growth by (i) fostering good governance in improved essential public services through appropriate institutional arrangements, regulatory framework, and tariffs; (ii) enhancing local capacity and participation for stimulating economic activities and poverty alleviation, including alternative livelihoods and resolution of land use issues; (iii) strengthening policy formulation and reform implementation capacities to increase accountability and responsiveness in key government departments, and (iv) assisting in creating enabling conditions for private sector growth and developing public-private partnerships in revenue-generating projects. A summary statement of strategy is in Appendix 1.

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