Marshall Islands and ADB
In the Spotlight
Pacific economies are looking to overcome their remoteness through telecommunications technology, improved transport networks, and greater private investment and competition, says a new ADB report.
In 2009, the Marshall Islands adopted its National Energy Policy and Energy Action Plan, setting a 20% renewable energy generation target for 2020.
The Ebeye Water Supply and Sanitation Project will improve the island’s public water supply system and provide safe drinking water for all.
Just 181 square kilometers in area, the Republic of the Marshall Islands (RMI) is located in a rich fishery in the North Pacific. While the capital of Majuro and the atoll of Ebeye are heavily urbanized, small populations are dispersed across the country’s outer atolls.
Annual grant assistance to the RMI under the Compact of Free Association with the United States (the Compact) has been diminishing since 2003. After the Compact grant period expires in 2023, the RMI is expected to complement domestic revenues with returns from the Compact Trust Fund, which receives annual savings from fiscal surpluses and contributions from development partners. Building the trust fund is a major challenge, especially under prevailing global economic uncertainty.
ADB’s country operations business plan, 2017–2019 for RMI will focus on better and sustainable infrastructure, improved quality of basic education, better public sector management, and structural reform implementation.
Projects in Marshall Islands
Average annual population growth rate in Marshall Islands (2011-2016)
Population living below the national poverty line in Marshall Islands (Before 2010)
Population in Marshall Islands, in millions (2016)
Internet users in Marshall Islands (2015)