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DPM Nelesone Meets ADB Regional Director to Discuss Project Portfolio and USD 11.94M Emergency Assistance Grant

DPM Meets ADB Regional Director to Discuss ADB Project Portfolio and Emergency Assistance Funafuti, Tuvalu Deputy Prime Minister and Minister for Finance and Economic Development, Hon. Panapasi Nelesone, met briefly with the Asian Development Bank (ADB) Regional Director, Ms Azusa, to discuss the progress and implementation status of Tuvalu’s ADB-supported project portfolio. The meeting also

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Island Investment Forum in the Maldives

Deputy Prime Minister Strengthened Investment and Development Partnerships During the Maldives Visit The Deputy Prime Minister and Minister for Finance and Economic Development of Tuvalu, Hon. Panapasi Nelesone, participated in the Island Investment Forum in the Maldives, which brought together Small Island Developing States (SIDS), investors, financial institutions and development partners to explore investment opportunities

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APG Plenary Supports a Tailored Mutual Evaluation Approach for Microstates

APG Plenary Supports a Tailored Mutual Evaluation Approach for Microstates The Ministry of Finance and Economic Development welcomes the outcome of the Asia/Pacific Group on Money Laundering (APG) Annual Meeting and Plenary recently, where member jurisdictions endorsed a tailored approach to Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) mutual evaluations for microstates. The

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Ministerial High-Level Political Forum on Sustainable Development

United Nations High-Level Political Forum on Sustainable Development, General Debate. “Delivering Better”: Deputy Prime Minister Advocates for Climate Justice and Financial Reform at High-Level Forum. The Deputy Prime Minister and Minister of Finance and Economic Development has delivered a powerful address at the High-Level Forum, urging the international community to transition from “promises to implementation”

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MFED Supports Launch of Tuvalu’s First Parametric Insurance Product to Strengthen Climate Risk Financing

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

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Government of Tuvalu Receives $3 Million Interim Dividend from National Bank of Tuvalu

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

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 Partnerships Platform and Te Ao mission to Tuvalu

Partnerships Platform and Te Ao mission to Tuvalu 🇹🇻🤝🇦🇺 Partnership is key to progress, and last month, this came across strongly, as we collaborated closely with the Australian High Commission and the Australia-Pacific Partnerships Platform on the Te Ao program.    Te Ao is an eight-year partnership designed to strengthen Tuvalu’s economic governance and fiscal resilience.

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