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p. 64 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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Fiji Islands

Strategy and Policy Dialogue. Aligned with the government's strategic development plan for 2003–2005 and with achieving the MDGs, ADB sought to reduce poverty, especially in the more vulnerable and poorer communities, by providing income-earning opportunities through close partnership with the private sector and the government. ADB's operational strategy focused on public investment in productive physical infrastructure in key sectors; on strengthening the associated policy, institutional capacity, and regulatory frameworks; and on supporting increased private sector participation and competition in public enterprise operations. The sector focus included transportation and communications; energy; alternative agriculture livelihoods and fisheries; urban water supply, sanitation, and waste management; and the further development of capital markets and banking. Policy dialogue focused on the Pacific plan to enhance international economic and trade cooperation among smaller DMCs which the government endorsed during the Pacific Forum Summit in New Zealand in April 2004.

Loans and Technical Assistance. No loans were approved in 2004. ADB approved three technical assistance activities totaling $895,000 for strengthening public sector banking and cash management, reviewing the fisheries sector, and improving roads.

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