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MFED Supports Launch of Tuvalu’s First Parametric Insurance Product to Strengthen Climate Risk Financing The Ministry of Finance and Economic Development (MFED) welcomes the launch of Tuvalu’s first parametric insurance product for coastal hazards, marking an important advancement in the Government’s efforts to strengthen climate risk financing and enhance national financial resilience. As a low-lying […]

Government of Tuvalu Receives $3 Million Interim Dividend from National Bank of Tuvalu The Government of Tuvalu has received an interim dividend of $3 million from the National Bank of Tuvalu (NBT), marking a significant contribution to the national revenue. This dividend represents the Government’s share of profits from NBT’s operations, reflecting the bank’s strong

MAKING THE NATIONAL BUDGET ACCESSIBLE: SOCIALISATION OF TUVALU’S CITIZEN’S BUDGET GUIDE The Planning, Budget and Aid Coordination Department (PBACD) of the Government of Tuvalu has taken an important step to improve budget transparency and accessibility with the development and launch of the 2025–2026 Citizen’s Budget Guide (CBG) on 20 August. The CBG is a simplified version

TUVALU AND WORLD BANK PARTNERSHIP YIELDS TWO MAJOR GRANTS TO BOOST TRADE AND HEALTH SECTORS The Government of Tuvalu, following successful negotiations with the World Bank on 07th August, has secured two significant grants from the International Development Association (IDA) to fund critical national development projects. This will support the: (1) Accelerating Trade Facilitation in