Nauru and ADB
In the Spotlight
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Building Resilience is Key to Economic Growth in the Pacific
The economies of countries in the Pacific are expected to recover over the next two years, although building resilience against natural hazards and climate change remains a key priority, according to a new ADB report.
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Pacific Economic Monitor – December 2018
The December 2018 issue of the Pacific Economic Monitor provides an update on developments in 14 Pacific economies, explores topical policy issues in the region over the years, and presents global forecasts for 2019.
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ADB, World Bank Support High-Speed Internet for Micronesia
ADB's Board of Directors has approved a total of $36.6 million in grants to help fund the delivery of low-cost, high quality internet service in the Federated States of Micronesia, Kiribati, and Nauru.
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Port Upgrade Throws a Lifeline to the People of Nauru
A $79.59 million project co-financed by ADB, the Governments of Australia and Nauru, and the Green Climate Fund, is set to transform Nauru’s 111-year-old Aiwo boat harbor into an efficient, reliable, and climate-resilient port.
Nauru is the world’s smallest island nation, located significant distances from international markets.
In recent years, the economy has benefited from the presence of a regional processing center for asylum seekers, strong revenues from fishing licenses, and the liquidation of the Nauru Phosphate Royalties Trust. Economic and fiscal sustainability, however, remain key concerns for the government. The country relies on narrow and uncertain sources of revenue, with limited private sector opportunities. Education outcomes are improving but are still poor by international standards, while rates of noncommunicable diseases are among the highest in the world.
ADB and Nauru have been working together to strengthen public financial management, raise the performance of state-owned enterprises, improve service delivery, and address infrastructure needs.
Latest
New We-Fi Financing to Enhance ADB's Support for Women-Led SMEs in Viet Nam and Pacific
ADB has received $20.19 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises (WSMEs) to access critical financing and training in Viet Nam and the Pacific.
This publication provides insights on how trade can be leveraged to enhance economic opportunities for women in the Pacific.
Leveraging Trade for Women’s Economic Empowerment in the Pacific
People and Places from the Pacific
A glimpse of people and places from the Asian Development Bank's 15 Pacific developing member countries.
Projects in Nauru
Approved/Active
- Pacific Renewable Energy Program
- Implementing a Differentiated Approach to Urban Development in the Pacific
- Towards Effective and Sustainable Delivery of Development Results in Fragile Situations in the Pacific
- Asian Development Outlook 2019–2021
- Enhancing ADB’s Support for Social Protection to Achieve the Sustainable Development Goals
