Tuvalu and ADB
In the Spotlight
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Utilities Reform Needed for Better Service Delivery in the Pacific — ADB
Investments in basic services must be complemented by policy and regulatory reforms as well as capacity development to support a shift towards more commercially viable utilities in the Pacific, says the latest issue of the ADB Pacific Economic Monitor.
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Our Work in the Pacific
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
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Uncertainties Delaying Economic Recovery in the Pacific
Growth in the Pacific is expected to remain weak in 2018, as economic and political uncertainties, fiscal challenges, and natural disasters hold back some of the region’s larger economies. Growth is projected to decelerate slightly in Tuvalu, says a new ADB report.
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Pacific Transport Update 2017
This document provides an overview of ADB’s transport projects in the Pacific region. It highlights the impacts and outcomes of initiatives completed in 2016 and active in 2017.
Tuvalu is a fragile microstate consisting of nine low-lying atolls. The country has a total area of only 26 square kilometers, and most of its 11,000 people live on the main island, Funafuti.
With few exports, Tuvalu is almost entirely dependent on external aid as well as highly variable revenue from fishing licenses, remittances, surpluses from the country’s overseas trust fund, and rent of its “dot tv” internet extension. Building and maintaining fiscal resilience and upgrading maritime infrastructure are key priorities for the government.
ADB's approach and operations in Tuvalu are aligned with the national strategy for sustainable development.
Latest
Debt Management, Investment Planning Critical for Pacific — ADB
Countries in the Pacific should improve their debt monitoring systems and strengthen investment prioritization to better manage the risk of debt distress, says the latest issue of ADB's Pacific Economic Monitor.
The December 2018 issue of the Pacific Economic Monitor provides an update on developments in 14 Pacific economies and explores topical policy issues in the region.
Pacific Economic Monitor – December 2018
United States Joins Pacific Region Infrastructure Facility
ADB has welcomed the United States as the newest member of the Pacific Region Infrastructure Facility (PRIF) during a PRIF agency member leaders meeting today.
Projects in Tuvalu
Approved/Active
- Towards Effective and Sustainable Delivery of Development Results in Fragile Situations in the Pacific
- Systems Strengthening for Effective Coverage of New Vaccines in the Pacific Project
- Asian Development Outlook 2019–2021
- Outer Island Maritime Infrastructure Project (Additional financing)
- Pacific Disaster Resilience Program