Tag: ADB
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ADB rolls out merit-based procurement to accelerate Pacific infrastructure and empower local contractors
The changes, ADB officials said, have been tested in Pacific projects and are now being expanded across the bank’s wider operations. Read more
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Fiji Secures $445 Million ADB Financing Tied to Reforms to Cushion Fuel Shock and Support the Budget
Finance Minister Esrom Immanuel told Parliament the funding is conditional on the government meeting agreed policy reform programs and is intended to bolster foreign reserves, cushion… Read more
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Fiji to Channel Most of $200m ADB Loan Into Capital Development, With Fuel Relief Set Aside
Speaking to this newspaper, Mr Immanuel said the government welcomed the additional financing but was constrained by competing demands. Read more
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Fiji’s ADB Loans Top $1 Billion, Cementing Asian Development Bank as Its Largest External Creditor
Fiji’s exposure to the Asian Development Bank has topped US$1 billion, Finance Minister Esrom Immanuel told Parliament, underscoring the lender’s dominant role in the country’s external… Read more
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Aichi‑Nagoya to Host ADB’s 60th Annual Meeting in May 2027
A milestone gathering in Japan marks six decades of partnership with the Asian Development Bank, blending policy, technology and culture as it looks to shape the… Read more
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ADB pledges $100 million to Fiji to cushion fuel-price shock and boost resilience
Facing rising energy costs and global uncertainty, Fiji is set to receive rapid financial support from the Asian Development Bank, designed to ease near-term pressures while… Read more
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ADB commits $680M to Pacific in 2025, launches Frontier program to back small businesses and infrastructure
Record development funding for the Pacific in 2025 signals a bold push toward resilience, climate risk management, and private sector growth. A new Frontier program to… Read more
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Fiji Activates Contingency Plan as IMF Signals Global Growth Slowdown
– Global alarms are rising as warnings from IMF and regional lenders converge. Fiji faces three possible paths—from a mild slowdown to contraction—putting cash flow, staffing,… Read more
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ADB Downgrades Fiji Growth Outlook as Middle East Conflict and Energy Costs Rise
Fiji’s economy faces a more fragile path as global tensions lift energy costs and disrupt trade. With tourism softening and investment cautious ahead of elections, policymakers… Read more
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Fiji’s debt climbs to a record 84% of GDP at $11.7 billion as ADB-backed resilience projects advance
Fiji signals a bold push to fund climate resilience and health projects as borrowing edges toward historic highs, highlighting the delicate balance between growth and fiscal… Read more