We’re working to secure new donor contributions for the Asian Development Fund, which supports @ADB_HQ’s member nations like Tuvalu. ADF grants are boosting the country’s climate resilience and building safe and efficient maritime transport.
ADB has been supporting #Tonga since 1972 and currently has a portfolio of 10 projects valued at $208 million supporting #health and aged care, #transport#infrastructure, #climate resilience, disaster recovery, #renewableenergy, urban development, and public sector management.
The Asian Development Bank @ADB_HQ held the Tonga Country Portfolio Review Meeting on 5-6 March. ADB Regional Director Aaron Batten and Tonga Ministry of Finance Deputy CEO Lesieli Tufui Faletau chaired the Tonga Country Portfolio Review Meeting held in Nuku’alofa on 5 March.
We had productive discussions with Finance Minister Hon.Lautimuia Uelese Vaai and Hon. Olo Afoa FitiVaai of the Ministry of Works, Transport and Infrastructure on carrying forward key investments to ensure climate resilience in the Apia port, the road network, and in flood mgt.
Pleased to meet with Japan Vice Minister of Finance for International Affairs Masato Kanda. We discussed the importance of a successful replenishment of the Asian Development Fund, where Japan is the leading donor. We also discussed @ADB_HQ leadership on MDB evolution agenda. 1/
I've seen firsthand this week how the Asian Development Fund is supporting ADB’s most vulnerable member countries. By deploying ADF's grant resources, ADB is partnering w/ the Govt of Samoa on a development path that embraces climate resilience. 1/
The Asian Development Bank @ADB_HQ has approved a grant package of $27 million to support the delivery of quality health services in Kiribati in climate-resilient facilities.
News Release ▶️ https://t.co/8pNjGrPyKy
The Asian Development Fund is vital to building resilience and sustainability in @ADB_HQ’s poorest and most vulnerable developing member countries.
Read here to learn about 12 critical areas that the ADF is supporting to meet the needs of the region ⤵️
https://t.co/M4yjsmerrF
ADB Vice-President for Finance and Risk Management Roberta Casali shares how the bank’s capital management reforms will unlock $100 billion in new funding to address the region’s overlapping, simultaneous crises: https://t.co/hOhYOMCjrH
In an interview at the ADB-Asian Think Tank Development Forum in Suva, I discussed how it would be good to support diversification in Fiji so that it’s not completely dependent on tourism. At the same time, the economy should also build on its success in that sector and continue to invest in tourism in a sustainable way.
Some sectors Fiji could further develop include agro-processing, commercial agriculture, and business process outsourcing. The economy must focus on opportunities that arise and watch how the market is changing.
READ @FijiTimes ⬇️
https://t.co/dS1VI4M1oZ
#ADBNEWS: ADB today announced capital management reforms that will enable it to deliver unparalleled financial support to Asia and Pacific in the face of overlapping, simultaneous crises.
The reforms were introduced through an update of ADB’s Capital Adequacy Framework#ADBNEWS: ADB today announced capital management reforms that will enable it to deliver unparalleled financial support to Asia and Pacific in the face of overlapping, simultaneous crises.
The reforms were introduced through an update of ADB’s Capital Adequacy Framework#ADBNEWS: ADB today announced capital management reforms that will enable it to deliver unparalleled financial support to Asia and Pacific in the face of overlapping, simultaneous crises.
The reforms were introduced through an update of ADB’s Capital Adequacy Framework.
#ADBANNUALMEETING: ADB has announced a landmark program that — in its scale and scope – will transform climate finance and significantly ramp up support for the region in the battle against climate change.
Read the announcement: https://t.co/fI5OSWyeY#ADBANNUALMEETING: ADB has announced a landmark program that — in its scale and scope – will transform climate finance and significantly ramp up support for the region in the battle against climate change.
Read the announcement: https://t.co/fI5OSWyeY#ADBANNUALMEETING: ADB has announced a landmark program that — in its scale and scope – will transform climate finance and significantly ramp up support for the region in the battle against climate change.
Read the announcement: https://t.co/fI5OSWyeY#ADBANNUALMEETING: ADB has announced a landmark program that — in its scale and scope – will transform climate finance and significantly ramp up support for the region in the battle against climate change.
Read the announcement: https://t.co/fI5OSWyeYq
Pleasure to participate in @FijiGovernment National Economic Summit over past 2 days. Look forward to supporting the implementation of the Summit’s 14 key resolutions.
.@ADB_HQ presented at the 2023 Fiji Government National Economic Summit. At a panel discussion on 21 April, ADB Regional Director @AaronBattenADB discussed the role of multilateral development banks in improving public service delivery and infrastructure through innovation.
.@ADB_HQ presented at the Fiji civil society event on public finance management. ADB Regional Director @AaronBattenADB presented at a public financial management and national debt workshop in Suva on 13 April.
Proactive Labor Policies May Support Fiji’s Economic Recovery, as Growth Projected to Reach 6.3% in 2023 — ADB https://t.co/CUUIVvZxGK via @adb_HQ';?>
Grateful for RBF and @FijiGovernment and support at todays launching of the 2023 Asian Development Outlook discussing how recent trends in Asia are affecting Fiji and the Pacific. Lots of challenges but optimistic outlook for continued recovery towards a blue Pacific future.
Graduate students! Apply now for the @ADB_HQ and Development Research for Oceania Pipeline (DROP) program! Administered by PIDP/@EastWestCenter, this program will support and mentor grad students in research related to priority Pacific development issues. https://t.co/MEOeBJ9if6
The @samoagovt and the @ADB_HQ signed the Grant Agreement for the assistance of $10 million under the Pacific Disaster Resilience Program – Phase 4 on Tuesday, 21 March.
The Honourable Mulipola Anarosa Ale-Molioo, Minister of Finance, signed the agreement on behalf of the Independent State of Samoa and ADB was represented by Aaron Batten @AaronBattenADB, the Regional Director of the ADB Pacific Subregional Office (SPSO) in Suva.