Last Updated:
20 Jun 2019

Republic of Kiribati: Economic Management and Public Sector Reform

Economic Management and Public Sector Reform was initiated in mid 2009 with a primary focus on public financial management (PFM) and the Budget, with state-owned enterprise (SOE) reform and capacity development as related activities. The SOE sector was included since losses and bailouts of SOEs were having a significant impact on the growing Budget deficit. It became readily apparent that the SOE sector issues needed additional attention and this was supported by AusAID, who subsequently provided co-financing through the ADB allowing for an expansion of the SOE reform aspect of the TA.



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