Vanuatu and ADB
In the Spotlight
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Sustained Reform Agenda can Improve State-Owned Enterprises – ADB Report
Finding Balance 2016: Benchmarking the Performance of State-owned Enterprises compares the financial performance of SOEs in Fiji, Kiribati, Marshall Islands, Papua New Guinea (PNG), Samoa, Solomon Islands, Tonga, and Vanuatu, as well as Jamaica and Mauritius.
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ADB Supports Development in the Pacific
ADB has scaled up its assistance to Pacific countries from about $500 million in 2004 to more than $2 billion by the end of 2015, supporting the construction of infrastructure such as transport, energy, water and sanitation, and information and communication technology.
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Fishing Industry in the Pacific: 12 Things to Know
About 2.7 million metric tons of tuna is caught each year in the western and central Pacific.
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ADB and the Climate Investment Funds: Country Fact Sheets
In Vanuatu, only a third of households have electricity and almost half of those with electricity are not connected to the grid. The Government of Vanuatu has set a target in its National Energy Roadmap of achieving 100% energy access by 2030, a major portion of which will come from renewables. Learn more about the initiative
Overview
Vanuatu has posted strong economic performance in recent years, driven primarily by tourism, construction, and aid inflows from development partners. However, key constraints to implementing assistance programs persist. These include the country’s remoteness, small market size, underdeveloped institutions, and limited absorptive capacity. The rural economy is primarily agrarian, with largely subsistence farming, aside from some copra, beef, cocoa, and kava produced for export.
ADB's country operations business plan (COBP), 2016-2018 addresses the development needs of Vanuatu in four core sectors: energy, transport, water and other urban infrastructure and services, and private sector development.
Latest
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Sustained Reform Agenda can Improve State-Owned Enterprises – ADB Report
Continued efforts are needed to further reforms of state-owned enterprises across the Pacific, according to an ADB report launched in Port Moresby. -
This study of state-owned enterprises performance in the Pacific emphasizes political commitment to reform as a key driver for commercial results.
Finding Balance 2016: Benchmarking the Performance of State-Owned Enterprises in Island Countries -
ADB Unveils New Pacific Strategy Targeting High Costs, Risks, Private Sector
The Pacific Approach 2016–2020 will serve as the overall country partnership strategy for the 11 smallest Pacific countries.
Projects in Vanuatu
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54
Maternal mortality ratio in Viet Nam, per 100,000 live births (2015)
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91.7
Population in Viet Nam, in millions (2015)
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8.4%
Population living below the national poverty line in Viet Nam (2014)
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1.1%
Average annual population growth rate in Viet Nam (2010-2015)