Urgent action needed to reduce Fiji’s debt levels: World Bank
Decisive Government action will be critical to bringing Fiji's debt back to pre-pandemic levels, a new World Bank report has found.
The global COVID-19 pandemic, multiple severe tropical cyclones, and Russia's invasion of Ukraine had resulted in an economic crisis of unprecedented scale in Fiji, with debt reaching 90 percent of GDP in 2022, exacerbating the lower economic growth trends...
Lifeline for Vanuatu in the wake of tropical cyclones Judy and Kevin
Australia has topped up its aid contribution to Vanuatu’s government, with another $8 million (US$5.36 million) to help the Pacific Islands neighbour respond to two devastating tropical cyclones.
The aid boost brings Australia’s total humanitarian response package to the nation to AUD$12.5 million (US$8.37 billion).
Pat Conroy, Australia’s minister for international development and the Pacific, made the funding announcement while visiting...
Not the Indo-Pacific: A Melanesian view on strategic competition
By Patrick Kaiku
Solomon Islands Prime Minister Manasseh Sogavare recently affirmed his country’s adherence to the “friend to all, enemy to none” foreign policy ideal. He, like other Melanesian leaders, in aligning their interests within the great power competition between the United States and China, will walk a fine line – not wanting to be seen favouring one over...
Oscar Temaru’s Tavini Huiraatira party wins round one of French Polynesia’s territorial elections
French Polynesia's pro-independence Tavini Huiraatira party has come out on top in the first round of the territorial elections.
The party, led by Oscar Temaru, won almost 35 percent of the votes, beating the ruling Tapura Huiraatira party of Edouard Fritch, which obtained 30 percent.
The recently formed A Here Ia Porinetia was the only other party to clear the 12.5...
Concern from Pacific leaders over nuclear submarine agreement
There’s growing concern from Pacific leaders over a nuclear submarine agreement between Australia, the UK and U.S to counter China’s growing presence in the region.
Several island nations feel like there’s a lack of consultation on geopolitical deals in their own region.
Professor Steven Ratuva from Canterbury University says AUKUS Is being seen as an “Anglo Fear Alliance” and the Pacific...
NZ PM Sogavare receives courtesy visit from NZ’s deputy PM Sepuloni
Solomon Islands Prime Minister Manasseh Sogavare Monday received a courtesy visit from the New Zealand deputy Prime Minister and Associate Minister for Foreign Affairs, Carmel Sepuloni.
In the brief courtesy call, Prime Minister Sogavare acknowledged the deep and meaningful relationship between Solomon Islands and New Zealand which dated way back to before the country’s independence in 1978.
PM Sogavare assured the...
Anti-independence New Caledonian politician will not cooperate with French National Assembly
A senior New Caledonian politician has ruled out any further cooperation with the president of the French National Assembly Yael Braun-Pivet on the question of New Caledonia's future.
Nicolas Metzdorf, who holds one of New Caledonia's two Assembly seats in Paris, was reacting after being asked not to attend a reception last week held for New Caledonia's pro-independence delegates.
Metzdorf, who...
UN and Fiji renew commitment to child rights
The United Nations and Fiji Government have renewed their commitment in creating a better and brighter future for every child in Fiji.
This was conveyed Monday during a meeting held between the Deputy Prime Minister and Minister for Trade and Cooperatives Manoa Kamikamica and the Special Representative of the Secretary General (SRSG) on Violence Against Children (VAC), Dr Najat Maalla...
Developing countries call for new government funds for World Bank
A broad group of low and middle-income countries has called for governments to give more money to the World Bank, in an effort to ramp up climate finance.
As governments and bank staff discussed green reforms this week, China, India and others welcomed accounting tweaks which would allow the bank to take more risk and invest more of its money.
But...
Making Climate Finance work for real people: Lessons for the World Bank from Fiji and Barbados
By Michael Sheldrick
As Finance Ministers and Government Leaders gathered for the World Bank's spring meetings last week in DC, the atmosphere was thick with buzzwords like “resilience,” MDB reform,” “SDRs,” “liquidity,” and the all too often repeated catchphrase, “turning billions into trillions”. While these terms may sound impressive, it's easy to lose sight of the real impact they...