Asian Development Bank and Kiribati: Fact Sheet
Asian Development Bank | April 2015
Abstract
While Kiribati has sustained several consecutive years of positive economic growth, driven by donor projects and increased activity in the private sector, the country faces many challenges typical of small island economies. Geographic isolation, limited human and financial resources, a narrow economic
base, and underdeveloped markets all contribute to the country’s vulnerability to external economic shocks. The Asian Development Bank has been working with the government since 1974, approving 9 loans and grants amounting to $37.7 million and 40 technical assistance projects worth $18.64 million. Cumulative disbursements to Kiribati for lending and grants amounted to $24.9 million.
Citation
Asian Development Bank. 2015. Asian Development Bank and Kiribati: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5210. License: CC BY 3.0 IGO.Keywords
Development Economics
Regional Economic Development
Economic Impact
Economies in transition
Economic agreements
Development indicators
Comparative economics
Regional economics
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