32492-012: Establishment of a Trust Fund for Outer Island Development

Project Data Sheet (PDS): Overview


Description

The TA will further the Bank's efforts to assist the Government in creating a trust fund for island development. The fund will be invested overseas the earnings used to finance development projects in Tuvalu's islands, thereby supporting the process of decentralization. The TA has two components. The first component will involve assisting in the negotiation of the terms of an agreement between the Government and the eight island councils to establish a trust fund, drafting the agreement, as... Read More

Country Tuvalu
Project Number 32492-012
Project Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status
Approval Number TA No. 3074
Approval Date 23 Sep 1998
Sector / Subsector Classification Public sector management
/ Public Expenditure and Fiscal Management
Thematic Classification Gender equity

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.