2 April, 2023, 3:16 pm
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2 April, 2023, 3:16 pm Central - 28°C Clear

Fiji and other Pacific countries to benefit from $6.2m signing by US and Asian Development Bank

Fiji and other Pacific countries to benefit from $6.2m signing by US and Asian Development Bank

By Dhanjay Deo
Wednesday 24/08/2022

Fiji and other countries in the Pacific will be able to strengthen community resilience, advance inclusive and sustainable economic growth, and promote democratic governance as the U.S. government has signed a $6.2 million partnership agreement with the Asian Development Bank.

The partnership agreement will map the joint development work of both agencies across Fiji, Federated States of Micronesia, Kiribati, Nauru, Palau, Papua New Guinea, Republic of Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu for the next five years.

USAID and ADB will collaborate with local and regional partners to implement projects that will help communities mitigate the impacts of, prepare for, and respond to the challenges of climate change.

The organisations will jointly promote private sector-led investments to expand access to climate-smart energy systems and strengthen health systems to improve health outcomes.

USAID and ADB will also undertake initiatives to help Pacific Island expand economies despite the challenges of distance and isolation.

The partnership will also bolster democratic governance through initiatives that promote public accountability by improving transparency, access to information, and anti-corruption enforcement measures.

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