Asian Development Bank and Tuvalu: Fact Sheet

Publication | April 2021

To help the Tuvalu overcome the impacts of the COVID-19 pandemic, ADB’s assistance will focus on improving outer-island port facilities, building disaster resilience, promoting renewable energy sources, and sustaining good fiscal management.

Tuvalu depends on fishing license fees, trust fund investments, official development assistance, and remittances for foreign currency earnings. Disasters triggered by natural hazards, such as cyclones and king tides, increase the country’s economic volatility and can substantially alter fiscal outcomes.

Tuvalu has been a member of the Asian Development Bank (ADB) since 1993. ADB’s assistance has concentrated on improving macroeconomic growth and stability, advancing renewable energy, upgrading transport assets, expanding health coverage, and building disaster resilience.

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
  • Tuvalu

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