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
The comparatively small amount of funding PSDI has spent in Kiribati was mostly deployed in 2018-2019, when $116,055 of the $285,144 total allocation since 2007 was spent. This has mainly funded the development of three news bills—the Companies Bill, the Companies Insolvency Bill, and the Business Names Bill.
On this website, $ refers to US dollars unless otherwise stated.