1 Dec 2018

ADB grants Kiribati $US2.5m towards economic management

3:32 pm on 1 December 2018

Kiribati has received a $US2.5 million grant from the Asian Development Bank to strengthen the government's economic management.

On Thursday the bank said the funding would go towards the second stage of an economic reform program it's supporting.

New Zealand, Australia and the World Bank are also assisting with the program's rollout.

Kiribati passed its 2019 budget this week freeing up spending of $US163 million.

The Kiribati capital and most populated area, South Tarawa, consists of several islets, connected by a series of causeways.

The Kiribati capital and most populated area, South Tarawa, consists of several islets, connected by a series of causeways. Photo: Supplied