Pacific Subregional Office
In the Spotlight
Most Pacific economies are unlikely to be significantly affected by heightened uncertainty in the global economy, says ADB's July 2016 issue of the Pacific Economic Monitor.
ADB is working in the energy sector in the Pacific region to increase access to clean and reliable energy, a resource that is essential for low-carbon economic growth and improved living conditions.
A new Asian Development Bank report says Pacific economies face lower growth and tighter fiscal conditions this year due to low commodity prices and severe cyclones.
Digital financial services (DFS) are effective means of enhancing financial inclusion in the Pacific but major challenges, including the establishment of reliable agent networks and the building of sufficient consumer trust still need to be addressed throughout the region.
As ADB's regional representative in the Pacific, the Pacific Subregional Office (SPSO) in Suva, Fiji undertakes strategic planning, country programming, and economic sector work, overall portfolio management and project administration of selected projects, support for the development of knowledge products, and capacity building and regional cooperation activities.