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ADB’s strategy focuses on promoting balanced growth throughout the archipelago to relieve the stresses on the capital atoll, and on helping improve public finance management. The strategy aims to develop an economic growth center on Christmas Island and support sustainable urban development so that people can move out of the overcrowded capital. ADB’s policy dialogue focuses on economic management, improvement of fiscal conditions in collaboration with development partners, and development of appropriate land allocation strategy for new development. ADB has participated in joint reviews of the public finance management with development partners to prepare coordinated assistance programs to help improve fiscal governance. It approved a technical assistance of $630,000 for the Integrated Land and Population Development Program on Kiritimati Island.
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