江苏快3开奖结果查:Tuvalu and ADB
In the Spotlight
ADB is scaling up its assistance in the Pacific, with our active portfolio growing from $500 million in 2004 to $2.6 billion at the end of 2017.
Growth in the Pacific is expected to remain weak in 2018, as economic and political uncertainties, fiscal challenges, and natural disasters hold back some of the region’s larger economies. Growth is projected to decelerate slightly in Tuvalu, says a new ADB report.
The Pacific Transport Update 2018 provides an update of transport projects and assistance of ADB in the Pacific as of 2018. ADB continues to assist in the development of the transport sector in 14 Pacific countries through technical assistance, loan, and grant financing.
Tuvalu is a fragile microstate consisting of nine low-lying atolls. The country has a total area of only 26 square kilometers, and most of its 11,000 people live on the main island, Funafuti.
With few exports, Tuvalu is almost entirely dependent on external aid as well as highly variable revenue from fishing licenses, remittances, surpluses from the country’s overseas trust fund, and rent of its “dot tv” internet extension. Building and maintaining fiscal resilience and upgrading maritime infrastructure are key priorities for the government.
ADB's approach and operations in Tuvalu are aligned with the national strategy for sustainable development.
Projects in Tuvalu
No projects in this category were found.
- Implementing a Differentiated Approach to Urban Development in the Pacific
- Towards Effective and Sustainable Delivery of Development Results in Fragile Situations in the Pacific
- Systems Strengthening for Effective Coverage of New Vaccines in the Pacific Project
- Asian Development Outlook 2019–2021
- Outer Island Maritime Infrastructure Project (Additional financing)