ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
ABOUT ADB PROJECTS
PRODUCTS AND SERVICES
KNOWLEDGE
TOPICS
Niue and ADB
Overview
Fiscal discipline, along with large and predictable inflows of overseas development assistance, have helped to ensure macroeconomic stability in Niue. In April 2019, just one month after Niue joined the bank, ADB committed a technical assistance project to support improved public financial management in the country.
ADB Membership
Joined 2019
Shareholding and Voting Power
Number of shares held:
150 (0.001% of total shares)
Votes:
39,264 (0.295% of total membership, 0.453% of total regional membership)
Overall capital subscription:
$2.1 million
Paid-in capital subscription:
$0.11 million
In the Spotlight
Climate Change, Gender, Private Sector Development Among Priorities for New ADB Regional Director in Fiji
Aaron Batten has assumed office as Regional Director of ADB's Pacific Subregional Office in Suva. He will oversee the delivery of financing and knowledge solutions in the Cook Islands, Fiji, Kiribati, Niue, Samoa, Tonga, and Tuvalu.
Bilateral Remittance Inflows to Asia and the Pacific: Countercyclicality and Motivations to Remit
Bilateral remittance inflows are countercyclical against the business cycle of a remittance-receiving country relative to a sending country.
Asian Development Bank and Niue: Fact Sheet
In March 2019, Niue became the 68th and most recent member of ADB. Niue and ADB are in the early stages of developing an investment and technical assistance pipeline.
Pacific Returns to Positive Growth as Vaccinations, Border Reopenings Strengthen Economies in 2022 — ADB
After 2 years of recession caused by the COVID-19 pandemic, the Pacific is expected to return to positive growth this year, according to the Asian Development Outlook (ADO) 2022, ADB’s flagship economic publication.