Kiribati

In Kiribati, PSDI is supporting reforms to improve the business and consumer environment and expand private sector opportunities.

PSDI is working with the Government of Kiribati to:

  • Modernize company and business laws;

  • Draft legislation for the development of an online business registry;

  • Strengthen the operations and financial sustainability of the Kiribati Provident Fund including development of a comprehensive policy framework;

  • Undertake analysis in preparation for the establishment of a Commerce Commission; and

  • Support the improved performance of state-owned enterprises through analysis and review.

Resources and Spending

Of the $285,144 PSDI has spent in Kiribati in total, $116,055 was deployed in the 2018/2019 financial year (FY). This expenditure has mainly funded the development of three news bills— the Companies Bill, the Companies Insolvency Bill, and the Business Names Bill.

Kiribati2007 2019 web

On this website, $ refers to US dollars unless otherwise stated.

For detailed information on PSDI activities in Kiribati, download the 2022 PSDI Country Overview here.

Kiribati at a glance

Modern business laws

PSDI completed an assessment of Kiribati's company and business name laws in 2016, and has provided a draft Companies Bill, Companies Insolvency Bill, and Business Names Bill, which which are anticipated to be introduced to Parliament in 2020.

SOE benchmarking

in PSDI’s Finding Balance study, which included Kiribati for the first time in 2015/2016.

Pension fund sustainability

supported through work to strengthen the operations and financial management of Kiribati Provide Fund.
Latest News
23 September 2024
Strengthening competition institutions in the Pacific

Competition agencies, whether they are independent commissions or departmental offices, are crucial for making sure competition laws are followed and effective. PSDI provides training and leadership programs to strengthen these institutions in Kiribati, Papua New Guinea, and Solomon Islands.

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9 April 2024
PSDI supports TAK’s tourism brand consultations in Kiribati

PSDI’s tourism team was in Kiribati in March 2024 to support the Tourism Authority of Kiribati with a first round of consultations to support a tourism target market analysis and the development of a new tourism destination brand strategy for the country.

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30 January 2024
Tourism Authority of Kiribati launches the PSDI-supported Sustainable Tourism Policy and 2024-2026 Strategic Plan

The Tourism Authority of Kiribati (TAK) on 13 January 2024 launched the destination's first ever Sustainable Tourism Policy, alongside it’s 2024-2026 Strategic Plan, developed with PSDI support.

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1 July 2022
Strengthening Pacific Retirement Funds

PSDI is working to strengthen Pacific retirement funds by engaging in regional policy dialogue and advocacy, reforming legislative, and supporting women’s equal access to retirement benefits.

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1 July 2022
Strengthening Competition Policy, Legislation, and Institutions in Kiribati

PSDI is supporting MCIC to strengthen the capacity of its Consumer Protection Division in line with the Government of Kiribati's 20-year vision to become a wealthier, healthier, and more peaceful country.

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11 May 2021
New laws make it easier to start, manage, and grow businesses in Kiribati—PSDI

Kiribati now has a suite of modern foundational business laws after the Companies Act, Company Insolvency Act, and Business Names Act were passed by Parliament last week. The new laws will make it easier for both existing and new businesses to operate in Kiribati.

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Key Publications
PSDI Country Overviews 2024
PSDI Country Overviews 2024
These fact sheets provide an overview of PSDI activities in each country to 2024.

PSDI Annual Report FY2023
PSDI Annual Report FY2023
This report gives an overview of PSDI activities from 1 July 2022 to 30 June 2023.
Leadership Matters 2024: Benchmarking Women in Business Leadership in the Pacific
Leadership Matters 2024: Benchmarking Women in Business Lead...
This is the second edition of the Leadership Matters series, which collects and analyzes data on women’s representation on boards and in senior management in 14 Pacific countries.
Unlocking Potential: A Gender Inclusive Private Sector Framework for the Pacific Report and Country Assessments
Unlocking Potential: A Gender Inclusive Private Sector Frame...
The Gender Inclusive Private Sector Framework serves as a practical checklist for Pacific governments and institutions to measure progress and identify areas where further improvements are needed.
Innovative Financing Mechanisms in the Pacific
Innovative Financing Mechanisms in the Pacific
This paper examines the potential benefits and issues to consider around implementing Innovative Financing Mechanisms in the Pacific, which can lower barriers and provide more options for businesses seeking finance.
PSDI Annual Report FY2022
PSDI Annual Report FY2022
This report gives an overview of PSDI activities from July 2021 to June 2022.