ADB's assistance to Kiribati focuses on long-term investments to improve water supply, outer-island maritime infrastructure, renewable energy, and disaster resilience programs.  ADB is part of Kiribati’s Economic Task Force, formed by the government to implement the Kiribati Economic Reform Plan, which aims to revitalize and streamline the country’s public financial management. The task force developed a joint policy matrix focusing on revenue diversification and fiscal resilience, financial governance, human capital, and infrastructure development. Australia, the European Union, New Zealand, and the World Bank are also members. The task force also liaises closely with the International Monetary Fund and the Pacific Financial Technical Assistance Centre.

Monday, 10 May 2021