Country Partnership Strategy to strengthen the Pacific Island nation’s economy and reduce poverty
Pacific Island Member States
Sponsored by World Bank; Government of Marshall Islands
Description/achievement of initiative
The four-year strategy includes other potential assistance to help improve the management of revenues and fisheries – a key source of income for the country and its people. Other proposed areas of engagement could include support to strengthen the role of women, and measures to improve the sustainability of the energy sector and reduce high fuel costs.
A $3 million plan to help reform the telecommunications sector and boost access to mobile phones and internet for the country's 53,000 people.
The Marshall Islands will receive assistance through grants from the International Development Association. A US$3 million grant is being provided for the ICT Sector Development Operation, the first of a series of three operations to address telecommunications reform which will be implemented by the Marshall Islands' Ministry of Finance.
Other, please specify
A US$3 million grant is being provided for the ICT Sector Development Operation
Copyright United Nations Department of Economic and Social Affairs