Information
  • Submitted by: World Bank Group
  • Topic: Small Island Developing States
  • Keywords:
  • Location: Marshall Islands
  • Date of completion:
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Deliverables & Resources
Country Partnership Strategy to strengthen the Pacific Island nation’s economy and reduce poverty

Partner(s)

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.

Implementation methodologies

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.

Resources
Type Details
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