Category: Banks. Country: Tuvalu.
ADB was established in 1966. Tuvalu joined ADB in 1993. ADBs headquarters is in Manila. It has 26 offices around the world. ADBs staff consists of more than 2,000 employees from over 50 countries.
The strategy focused on improving governance and economic management, enhancing employment opportunities by developing skills, and improving services on outer islands, in part through the introduction of sustainable financing mechanisms. ADB provided support for formulating the national sustainable development strategy. Assistance was also provided for maritime training and for the reform of state-owned enterprises. Sector focus included agriculture, fisheries, education, health, transport, and infrastructure. Policy dialogue noted the country s high dependence on external revenues such as remittances, trust fund returns, and development aid. The Government requested that ADB assist with implementation of the tax reforms recommended by a review from the Pacific Financial Technical Assistance Centre. Representatives from the private sector expressed the need to improve access to credit and markets as well as to develop human resources for entrepreneurship. Representatives from nongovernment organizations (NGOs) recommended future collaboration with ADB in areas such as microcredit to women in the outer islands and institutional and capacity building for local NGOs.
Address: P.O. Box 789, 0980 Manila, Phone: 63 2 632 4444
Fax: 63 2 636 2444
