Assistance for public sector management, improving access to climate-resilient transport infrastructure, and climate-resilient urban water and wastewater services will be prioritised in the Asian Development Bank’s new country partnership strategy (CPS) with Fiji for 2024–2028.
The Manilla-headquartered donor agency announced its new Fiji CPS yesterday with emphasis on emerging areas of engagement in coastal protection for vulnerable communities, upgrading national health care facilities, and accelerating Fiji’s renewable energy transition.
“This new CPS will build on ADB’s ongoing assistance to support more resilient public finances, quality infrastructure and services, and a greener and more diversified private sector,” ADB’s director general for the Pacific Leah Gutierrez said.
“The strategic partnership will tailor ADB support towards Fiji’s recently launched National Development Plan 2025-2029.”
The five-year strategy will support Fiji’s efforts to bolster climate and disaster resilience through innovative financial solutions, upgrading critical infrastructure, reinforcing climate policy reforms, and improving access to concessional climate finance.
“The strategy reflects the close partnership between the Government of Fiji and ADB, aligning future support with Fiji’s National Development Plan 2025–2029,” said Deputy Prime Minister and Minister of Finance Professor Biman Prasad.
The CPS will zero in on the promotion of private sector investment, accelerating progress in gender equality and fostering regional cooperation and integration.
ADB has been supporting Fiji since 1970, and has committed 117 public sector loans, grants, and technical assistance totaling $991million to Fiji.
