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
ADB Assistance to Help Prevent Cervical Cancer, Other Infectious Diseases in Pacific
ADB's Board of Directors has approved a total financing package of $29.7 million to support the introduction of new vaccines in Samoa, Tonga, Tuvalu, and Vanuatu.Eleven (11) Small Pacific Island Countries: Country Operations Business Plan (2019-2021)
In line with the Pacific Approach, the country operations business plan for 2019−2021 takes a multicountry approach to identify common development challenges and opportunities for operational efficiencies across the 11 small Pacific island countries.
New ADB Regional Director to Focus on Infrastructure, Private Sector Development
Mr. Masayuki Tachiiri has assumed office as Regional Director of ADB's Pacific Subregional Office in Suva.
Projects in Tuvalu
Approved/Active
- 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
- Capacity Building and Sector Reform for Renewable Energy Investments in the Pacific