ADB to Invest $228 Million in Energy Projects in Pacific for 2015-2017

ADB will invest $228 million in energy projects in the Pacific in the next 3 years to help countries reduce heavy reliance on fossil fuels and support sustainable and environment-friendly growth. Read More

Greater Employment Challenges in the Pacific Looming

Economies across the Pacific need to create more jobs for their rapidly growing young populations. Read More

Making It Easier to Do Business in the Pacific

An ADB-supported project is easing business procedures in Pacific island countries following a successful pilot program in the Solomon Islands. Read More

Live Online Chat: Raise Your Voice, Not the Sea Level

On World Environment Day 2014, we looked at how climate change is affecting vulnerable coastal communities across Asia and the Pacific and what can be done to mitigate its impact. Read More

Overview

In line with Kiribati's national development plan, ADB's program aims to reduce poverty and promote economic opportunities in the country by improving public financial management and delivering sustainable infrastructure services.

As many of the infrastructure services are provided by state-owned enterprises, improving corporate governance arrangements and the commercial focus of these enterprises is a key objective of ADB’s support to the Kiribati government’s structural reform program.

Fast Facts

0.11 (2012)
Population in millions

2.2% (2010-2012)
Annual population growth rate

21.8% (2006)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
1.60 / 4.61
Energy (2)
 
1.00 / 2.88
Finance (1)
 
14.30 / 41.21
Transport and ICT (3)
 
17.80 / 51.30
Water Supply (2)
 
34.70 / 100.00
TOTAL (8)
Cumulative as of 31 December 2013