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Nauru

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Rishi Ram Adhar
Senior Project Implementation Officer
Pacific Liaison and Coordination Office
Asian Development Bank
1 Margaret Street, Suite 1802
Sydney, NSW Australia

Email: pard@adb.org

Nauru
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Asian Development Outlook 2009 Update

Asian Development Outlook 2009 Update: Nauru

The growth estimate for Nauru is downgraded to 1.0% in FY2009 (ended 30 June 2009) and its GDP in FY2010 is forecast to be flat. Downward revisions (from 1.5% growth in both years in ADO 2009) stem from a slowdown in external demand for Nauru's phosphate, particularly from Australia, and the consequent decline in phosphate prices. In line with slowing growth and inflation in Australia (the main source of Nauru's imports), inflation in FY2009 and FY2010 is now put at 1.8%, lower than forecast in ADO 2009.

Reports
Nauru and ADB
Nauru joined the ADB in 1991 and has since received one loan for $5 million and six technical assistance (TA) grants totaling $1.72 million.

Learn more about ADB's partnership with Nauru [ PDF ]

Links

What's New
Community Irrigation Project (Nauru) [PDF] (Initial Poverty and Social Assessment)
Projects
Nauru Trust Fund (Technical Assistance)
Publications
Fact Sheet: Nauru and ADB, A (Awareness Raising and Multimedia)
Nauru: Country Economic Report (Awareness Raising and Multimedia)
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