Marshall Islands and ADB
In the Spotlight
Higher income tax collections and fishing license and ship registry fees are seen to offset a drop in US grant inflows in the Marshall Islands in FY2016. Download the latest Pacific Economic Monitor
ADB’s interventions in the Pacific should help countries reduce the high cost of doing business and providing services, develop capacity to manage risks from economic shocks, natural disasters, and climate change, as well as promote the creation of competitive high value-added goods and services.
Analysis shows future revenues from trust funds will likely be volatile and unsustainable, but simple rule changes may reduce fund volatility and improve the sustainability of fund balances. This publication analyzes the trust funds established by the United States with the Republic of Marshall Islands and the Federated States of Micronesia.
The forecast for the Republic of the Marshall Islands (RMI) is unchanged, with Gross Domestic Product expected to grow by 3.5% in 2015 and 1.5% in 2016.
The Republic of the Marshall Islands is an atoll nation of just 181 square kilometers, located in a rich fishery in the north Pacific. The capital of Majuro and the atoll of Ebeye are both heavily urbanized, while small populations are dispersed across the country’s outer atolls.
ADB’s country operations business plan, 2016-2018, for the Marshall Islands will focus on better and sustainable infrastructure, improved quality of basic education, better public sector management, and structural reform implementation.
Projects in Marshall Islands
No projects in this category were found.