Pacific Liaison and Coordination Office
In the Spotlight
Yields on bonds in emerging East Asian markets have declined in recent months as concerns about a US Federal Reserve rate hike eased and inflationary pressures remained largely muted, ADB’s latest Asia Bond Monitor said.
Improving the quality of education can substantially increase growth prospects for developing Asian countries, says latest ADB flagship report.
The Government of Australia and ADB have established the Pacific Business Investment Facility, an advisory service for Pacific island businesses requiring commercial finance for growth, diversification, or consolidation of their businesses.
Softer growth prospects for the People’s Republic of China (PRC) and India, and a slow recovery in the major industrial economies, will combine to push growth in developing Asia for 2015 and 2016 below previous projections, says a new ADB report.
Pacific Liaison and Coordination Office (PLCO) is ADB's representative office in Sydney, Australia, and also acts as a focal point for New Zealand. It is involved in programming, processing, and administration of assistance in Nauru, Solomon Islands, and Vanuatu.
PLCO is also committed to promoting private sector development across all 14 of ADB's Pacific developing member countries via the Pacific Private Sector Development Initiative, which is co-financed by Australian Aid.