News Releases

13 Apr 2010

Pacific Economies on the Road to Recovery - ADB

Countries in the Pacific region are expected to post overall average economic growth of 3.7% in 2010, up from 2.3% in 2009, according to a forecast by ADB.
2 Mar 2010

Pacific Economies to Perform Slightly Better in 2010, says ADB

Building on improved prospects for the global economy, most Pacific island economies are expected to perform slightly better in 2010 than in 2009, according to a new ADB publication.
15 Dec 2009

Grant to Boost Pacific Economic Growth

ADB and the Government of Australia today announced a US$12 million grant package which aims to improve the business environment and stimulate private sector investment in the Pacific region.
25 Nov 2009

ADB Launches New Approach to Improve Development Effectiveness in the Pacific

ADB has launched a new approach to improve its development efforts in the Pacific.
24 Nov 2009

Pacific Islands Step Up Efforts to Counter Climate Change

Low-lying Pacific island countries, which are among the most vulnerable in the world to climate change, are stepping up efforts to counter the threats posed by rising sea levels and extreme weather events.
9 Nov 2009

Tourism Rebounds in Pacific, Raising Hopes of Recovery, Says ADB

A recent increase in Australian and New Zealand tourists to Pacific island countries has raised hopes the region's vital tourism industry is recovering after being buffeted by the global financial crisis, according to a new ADB publication.
22 Sep 2009

ADB Revises Growth Prospects for Pacific

Economic growth in the Pacific will slow sharply in 2009, with five economies in the region expected to contract as the global economic slump continues to erode incomes from tourism and remittances, says a major new report from ADB.
17 Sep 2009

ADB and Vanuatu Agree to Five-Year Strategic Development Partnership

ADB and the Government of the Republic of Vanuatu have agreed to a new strategic partnership aimed at reducing poverty and promoting private-sector led sustainable growth.
13 Aug 2009

ADB to Help Deliver Renewable Energy to the Pacific

ADB is providing assistance to the Pacific to help design and deliver renewable energy products to the region through a $3 million grant for the development of small pilot projects in Papua New Guinea, Solomon Islands, and Vanuatu.
2 May 2009

Pacific Can 'Take The Helm' in Responding to Crisis, Says Study

Pacific island nations need to respond proactively to the global economic crisis, says a new book released by ADB.