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p. 63 of 95 BACK | NEXT Message from the Chairman of the Board of Directors Members, Capital Stock and Voting Power The Record Abbreviations 2004 in Review: Board of Directors' Report Special Theme: The Changing Face of the Microfinance Industry: Building Financial Systems for the Poor Part 1: Institutional Effectiveness Part 2: Poverty Reduction Strategic Priorities Thematic Priorities Regional Perspectives East and Central Asia Mekong The Pacific Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Federated States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu South Asia Southeast Asia Part 3: Financial Statements: Management's Discussion and Analysis

Annual Report 2004 : Part 2: Poverty Reduction : The Pacific

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Cook Islands

Strategy and Policy Dialogue. The strategy focused on building sustainable capacity for sound economic and public sector management, promoting economic growth through private sector development, and protecting the environment. It included assistance to improve the government's capacity to develop and maintain a national strategic plan linked to the World Summit on Sustainable Development, to achieve the MDGs, and to help track progress under the poverty partnership agreement.

Reforming state-owned enterprises remained on the policy agenda. Policy dialogue in support of private sector growth, especially in the tourism sector, included the need to align improvements in public infrastructure facilities with appropriate environmental safeguards, ensuring an appropriate investment climate, and mitigating serious environmental constraints and risks.

Loans and Technical Assistance. No loans or technical assistance activities were approved in 2004.

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