Asian Development Bank and the Marshall Islands: Fact Sheet

Publication | April 2024
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The Marshall Islands experienced economic downturns amid the COVID-19 pandemic, with the fisheries export sector bearing the brunt of the impact. After experiencing a 0.7% contraction in FY2022, GDP is estimated to have rebounded by 2.5% in FY2023.

To foster green and sustainable recovery beyond the COVID-19 pandemic, ADB will also support the country's investments in water and sanitation, solid waste management, renewable energy, youth development, and institutional strengthening for the Ministry of Finance.

Updated yearly, this ADB Fact Sheet provides concise information on ADB's operations in the country and contact information.

Additional Details

Type
Series
Subjects
  • ADB administration and governance
  • ADB funds and products
Countries
  • Marshall Islands

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