New U.S COFA agreements offer $7.1b boost to Pacific Freely Associated States, but fiscal reforms are key, ADB report

The streams of U.S dollars that the three freely associated states will receive under their renewed bilateral agreements with the United States will go a long way if they implement stringent fiscal and debt policies and

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The World Bank head has thoughts on the Pacific – and needs Australia’s help

The president of the World Bank is due in Australia this week offering to be a force-multiplier for good in the Pacific Island states, and expecting some federal funding to do so.  In the first visit by a World Bank

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Tonga’s Finance Minister urges Pacific unity to increase Resilience Fund

Tonga’s Finance Minister, Tiofilusi Tiueti, has urged Pacific nations and their partners to rally behind the Pacific Resilience Facility (PRF), calling it a “bold step” towards a more resilient and sustainable

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U.S Interior’s Assistant Secretary Cantor announces $372 million in Compact funding for Marshall Islands

The United States Department of the Interior’s Assistant Secretary for Insular and International Affairs Carmen G. Cantor has announced US$372 million in Compact of Free Association funding for the Republic of the

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Vanuatu PM discloses $2 billion fund diversion, Airline crisis unveiled

Vanuatu Prime Minister Charlot Salwai has revealed that the Vanuatu Government’s VT2 billion (US$8.3 million) budget allocated for a new plane was instead used to pay for the lease of the ATR72 aircraft. 

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