In the Spotlight
Improving ADB Operations in Fragile and Conflict-affected Situations and Small Island Developing States
ADB is improving our operations to address the specific challenges and requirements of FCAS and SIDS. Addressing the needs of these vulnerable communities is essential for a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.
Growth in the Pacific subregion for 2020 has been further downgraded as the impact of the coronavirus disease (COVID-19) pandemic continues to squeeze the region’s economies.
ADB’s $16 million grant to the Marshall Islands will strengthen the health sector and mitigate economic losses. The grant will also provide school lunches, food baskets, and livelihood equipment to vulnerable communities.
Doing business in the Pacific is hard, but sweeping reforms carried out by the Pacific Private Sector Development Initiative (PSDI) are breaking down the barriers to business in the region.