Articles tagged with Asian Development Bank
US Commits $60M to Support Pacific Energy Crisis Amid Global Challenges
4 days ago | 94 viewsForeign Minister Winston Peters welcomed the US decision to provide $60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been actively working to help Pacific nations manage fuel dependency and price shocks. New Zealand’s development program focuses on boosting economic and energy resilience by promoting renewable energy and energy efficiency in the region.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsUS Commits $60M to Support Pacific Energy Amid Global Crisis, Says Winston Peters
4 days ago | 101 viewsForeign Minister Winston Peters welcomed the United States' decision to provide US$60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been collaborating to help Pacific Island countries manage fuel dependency and price shocks. New Zealand’s development program focuses on enhancing economic and energy resilience through renewable energy and improved efficiency to reduce reliance on imported fuels.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsAustralia-New Zealand Finance Ministers Strengthen Economic Ties Amid Global Challenges
4 months ago | 721 viewsMinister of Finance Nicola Willis and Australian Treasurer Jim Chalmers met to address regional fuel supply disruptions, economic outlook, and trans-Tasman integration amid global challenges. They committed to ongoing cooperation on fuel market conditions, financial system resilience, and targeted assistance to the Pacific, emphasizing practical, timely responses to minimize inflation and fiscal costs. The leaders also discussed enhancing economic growth through the Single Economic Market agenda and participated in business and commemorative events to strengthen bilateral ties.
Tags: Nicola Willis Jim Chalmers Minister of Finance Treasurer Australia New Zealand ANZLF World Bank Asian Development Bank