Kiribati and ADB
In the Spotlight
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.
The most important road in Kiribati, which joined the airport with the main seaport and passed through one of the country’s most densely populated areas, used to be in very poor condition.
Kiribati is one of the most remote and geographically dispersed nations on the planet. It is extremely vulnerable to external shocks due to its vulnerability to climate change, dependence on imports, and reliance on income from overseas sources. Development of the country’s private sector has been constrained by high costs of doing business, the size and scale of the economy, and the country’s widely dispersed population. With a large public sector, maintaining fiscal sustainability is the government’s key priority.
The ADB program in Kiribati supports the government’s efforts to improve both fiscal stability and management and the business climate.
Projects in Kiribati
- South Tarawa Sanitation Improvement Sector Project-Additional Financing
- South Tarawa Water Supply Project
- Road Rehabilitation Project - Additional Financing
- Enhancing Economic Competitiveness through State-Owned Enterprise Reform
- South Tarawa Sanitation Improvement Sector Project (formerly Tarawa Sanitation Improvement Project)