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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.
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The COVID-19 pandemic presents an exceptional threat to the emergence of competition in the economies of Pacific island countries (PICs). While both large and small businesses are facing very significant challenges, the threat will be acute for many micro-, small- and medium-sized businesses.
PSDI has supported the Cook Islands Ministry of Justice to make critical updates to the online Companies, Incorporated Societies, and Personal Property Securities Register to enable the implementation of the COVID-19 Economic Response Act.
COVID-19 is affecting countries throughout the Pacific region, bringing a range of direct and indirect consequences for many aspects of life. In this blog, PSDI considers the effects of COVID-19 on Pacific consumers and suggests appropriate steps to mitigate those effects.
COVID-19 is affecting countries throughout the Pacific region, bringing a range of direct and indirect consequences for many aspects of life. In this blog, PSDI considers the effects of COVID-19 on retail prices and suggests appropriate steps to mitigate those effects.