PSDI helps Pacific countries achieve sustainable and inclusive economic growth by improving their business environments.
Reforms supported by PSDI reduce constraints to doing business, incentivize entrepreneurship and investment, foster new business models, and remove barriers to women’s full participation in the economy. This allows the private sector to formalize and grow, which creates jobs, increases tax revenues, and helps lift people out of poverty.
The absence of a clear commercial focus and monitoring framework for Palau’s state-owned enterprises (SOEs) has complicated efforts to improve their financial performance, according to the Asian Development Bank's Finding Balance 2023 report.
The 2019 passage of SOE legislation in Fiji has improved the country’s governance and commercial framework but room exists for further improvement, according to ADB PSDI report Finding Balance 2023.
Solomon Islands’ robust legal framework for SOEs has helped generate the highest portfolio returns among nine Pacific island countries, a new ADB PSDI report says.
PSDI experts have addressed an Australia Awards Women Leading and Influencing event on the vital role women play in the Pacific informal economy.