Asian Development Bank and Kiribati: Fact Sheet | Asian Development Bank

Asian Development Bank and Kiribati: Fact Sheet

Publication | April 2017
Asian Development Bank and Kiribati: Fact Sheet

ADB’s program in Kiribati aims to reduce poverty and promote economic opportunity by delivering sustainable infrastructure services and improving public financial management.

ADB has been working with the government since 1974, approving 14 loans and grants totaling $66.5 million through the Asian Development Fund, as well as 41 technical assistance projects worth $19.6 million. From January 2017, ADB will increase its minimum annual allocation for Kiribati from $3 million to $6 million, significantly expanding its scope for investment in the country. Cofinancing from other sources—including global climate funds, the Government of Australia, and the European Union—is anticipated for other investments such as water supply, information and communication technology, and outer island development.

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Kiribati as well as concise information on ADB's operations in the country and contact information.