Asian Development Bank signs $5M grant with Nauru for gender-responsive fiscal sustainability.

The Asian Development Bank (ADB) signed a 5 million USD policy-based grant with Nauru to help introduce a gender-responsive fiscal sustainability approach. The program, financed through two 5 million USD policy-based grants from the Asian Development Fund, aims to reduce debt, improve debt management, raise revenue, enhance SOEs, and support Nauru's vulnerable people for sustainable and inclusive growth.

June 06, 2024
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