Fiji and ADB
In the Spotlight
Growth in the Pacific is expected to remain weak in 2018, as economic and political uncertainties, fiscal challenges, and natural disasters hold back some of the region’s larger economies. Fiji's economic growth is expected to decelerate slightly from 3.9% in 2017 to 3.6% in 2018, says a new ADB report.
Countries in the Pacific should step up their efforts to adapt to more extreme weather conditions and mitigate disaster risks to improve the region’s economic growth prospects, according to ADB's latest Pacific Economic Monitor.
Consistent with the priorities of successive governments, ADB engagement in Fiji has focused on promoting inclusive economic growth and poverty reduction. Strides have been made toward these goals through direct investments in transport and urban water and sanitation infrastructure, and proposed investment in energy and public sector management.
The country partnership strategy for 2014–2018 aims to raise Fiji’s growth potential by encouraging private investment, make growth more inclusive, improve service delivery, and reduce volatility and build resilience.
Projects in Fiji
- Supporting Public Financial Management Reform
- Urban Water Supply and Wastewater Management Investment Program, Tranche 1
- Urban Water Supply and Wastewater Management Investment Program
- Emergency Assistance for Recovery from Tropical Cyclone Winston
- Support for Energy Sector Regulatory Capacity and Electrification Investment Planning