News•Apr 23, 2026
ADB Commits $680 Million for Pacific Development in 2025
On April 23, 2026, the Asian Development Bank announced a $679.8 million commitment for its Pacific developing member countries in 2025, including $214.4 million in grants from the Asian Development Fund. The funding targets transport, water, energy, finance and public sector management, and supports projects such as an $80 million bridge in Tonga and aircraft financing for Papua New Guinea. New initiatives like the Pacific Wayfinder and Frontier programs aim to expand private‑sector participation and deepen local capital markets. Overall, ADB’s 2025 commitments contribute to a $29.3 billion regional resilience effort across Asia and the Pacific.
By Asian Development Bank – News
