Lightening Up the Lives of Low-Income Families in the Marshall Islands

A refurbished power generator converted to use biofuel from coconut promises to improve energy supply in the Marshall Islands’ atoll of Majuro. View Photo Essay

Developing Asia Fastest Growing Region

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies move ahead with structural reforms, says a new ADB report. Read More

Private Sector Engagement Boosts Performance of State-Owned Enterprises

Engaging the private sector through public-private partnerships and privatization improves the performance and service delivery of state-owned enterprises, according to a new report by ADB. Read More

A Broader View of Asian Poverty

Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report. Read More

Overview

Stakeholder participation and partnerships are vital to a successful development program in the Republic of the Marshall Islands. ADB and the Marshall Islands have implemented a number of public consultation programs since the mid-1990s. These programs have given the government, civil society, and development partners an opportunity to discuss fiscal and economic reform and development issues. Major findings were reflected in the design of ADB’s policy-based loan in 2010 and in the development of ADB’s country operations business plans (COBPs).

COBP, 2014-2016, has three areas of strategic focus supporting the country's medium-term development: macroeconomic and fiscal management, human capacity development, and infrastructure development.

Fast Facts

0.05 (2013)
Population in millions

0.4% (2008-2013)
Average annual population growth rate

ADB Lending

Amount ($M) / %
Sector (No. of loans)
6.95 / 7.48
Agriculture (1)
 
14.83 / 15.95
Education (2)
 
15.25 / 16.41
Health (4)
 
0.50 / 0.54
Multisector (1)
 
38.50 / 41.43
Public Sector (5)
 
7.00 / 7.53
Transport and ICT (1)
 
9.90 / 10.65
Water Supply (2)
 
92.93 / 100.00
TOTAL (16)
Cumulative as of 31 December 2013