In the Spotlight
Doing business in the Pacific is hard, but sweeping reforms carried out by the Pacific Private Sector Development Initiative (PSDI) are breaking down the barriers to business in the region.?
ADB's $20 million loan to Palau will strengthen the country's health sector in the event of an outbreak of COVID-19, while supporting critical sectors of the economy such as businesses, assistance for the unemployed, and utility subsidies.
Most Pacific island countries appear to have avoided direct health impacts from the coronavirus disease (COVID-19). Yet, the pandemic highlights the need to strengthen their health and social protection systems.
ADB?has approved a $20 million loan to help the Government of Palau prepare for the COVID-19?pandemic and respond to its impact on the economy.