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
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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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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5 May 2021
New PSDI-supported laws make it easier to start, operate, and grow businesses in Kiribati

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

read more
Key Publications
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.
PSDI Tourism Infographic Brochure
PSDI Tourism Infographic Brochure
This infographic brochure illustrates PSDI’s work and key achievements in the Pacific tourism sector.
Finding Balance 2023: Benchmarking Performance and Building Climate Resilience in Pacific State-Owned Enterprises
Finding Balance 2023: Benchmarking Performance and Building ...
This report reviews the performance of SOEs in nine Pacific island economies and looks at how policymakers can help state-owned power utilities address climate risk.
A Secure Retirement: Leveling the Playing Field for Women in the Pacific
A Secure Retirement: Leveling the Playing Field for Women in...
This publication proposes a series of priority reforms to address women’s disadvantage in accessing benefits from Pacific retirement funds.