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Palau and ADB

ADB assistance to Palau concentrates on improving public sector performance and promoting private sector development in the country.

In the Spotlight

News

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

Palau’s growth in 2019 of -3.0% is expected to fall again in 2020 to -4.5%, with visitor arrivals falling further because of the COVID-19 pandemic. Palau’s economy is expected to recover as travel restrictions are gradually lifted, with growth projected to rebound to 1.2% in 2021. Download report

News

ADB Expands Presence in Palau with Opening of New Office

ADB joined the Government of Palau in an inauguration ceremony to officially open the ADB Pacific Country Office (PCO) in Koror.

Institutional Document

Pacific Energy Update 2019

ADB will invest over $1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable and sustainable electricity in the subregion.

Video

Reliable Internet Connection is Helping Promote Tourism in Palau

Tourism in the Pacific is increasing and a key driver of economic growth. In Palau, recent internet connection upgrade is helping promote the island country's tourism industry.  

Economic Forecast

In Palau, economic contraction is expected to continue in FY2020 with visitor arrivals falling further because of COVID-19. Charter flights from the PRC were suspended in January, while flights from other countries were discontinued or significantly reduced in March. Preliminary figures indicatea 44% drop in visitor arrivals in February.


Poverty in Palau

Development indicators for Palau, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.


Projects Cofinanced, 2014-2018

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.


Project Performance, 2000-2018

ADB Projects in Palau

Project Results

News

22 Apr 2020 | News from Country Offices

ADB Announces $15 Million Loan to Help Palau Combat COVID-19

The Government of Palau will draw down on a $15 million policy-based loan from ADB's Disaster Resilience Program to help finance the country’s response to the novel coronavirus disease (COVID-19) pandemic.

03 Apr 2020 | News from Country Offices

Tourism-Driven Economies in the Pacific to Feel Brunt of COVID-19 Pandemic — ADB

The economies of the Cook Islands, Fiji, Palau, Samoa, and Vanuatu are the Pacific countries likely to feel the brunt of the COVID-19 pandemic, according to a new report by ADB released today.

06 Mar 2020 | News from Country Offices

Leah Gutierrez Begins as ADB's Pacific Director General

Leah Gutierrez is ADB's new Director General for its Pacific Department.

23 Jan 2020 | News from Country Offices

ADB Expands Presence in Palau with Opening of New Office

ADB joined the Government of Palau in an inauguration ceremony today to officially open the ADB Pacific Country Office in Koror.

Contact

Pacific Department (PARD) - Asian Development Bank (ADB)

6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

  Office Hours: 9:00 am to 6:00 p.m. (Monday to Friday)

  Tel +63 2 86324444
  Fax +63 2 86362444
  E-mail

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