Asian Development Bank and Kiribati: Fact Sheet
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Kiribati as well as concise information on ADB's operations in the country and contact information.
The Government of Kiribati relies heavily on income earned from external sources, including its trust fund, to finance high budget deficits. Maintaining fiscal sustainability is the government’s key priority, and close collaboration with development partners is essential to achieving stable growth.
The Asian Development Bank (ADB) has been working with the Government of Kiribati since 1974, approving 9 loans and Asian Development Fund grants amounting to $37.70 million and 40 technical assistance projects worth $18.64 million. ADB’s strategy and pipeline operations are aligned with the objectives of the Kiribati Development Plan, 2012–2015.