59361-002 - V-SET Activity 1: Transforming the Vanuatu Project Management Unit
59361-002 - V-SET Activity 1: Transforming the Vanuatu Project Management Unit
Last update: 5 days ago
Last update: 5 days ago
59361-002 - V-SET Activity 1: Transforming the Vanuatu Project Management Unit
Last update: Oct 29, 2026

Details

Location:
Vanuatu
Vanuatu
Contract type:
Unspecified/other
Status:
Approval
Sectors:
Macro-Economy & Public Finance, Public Sector Governance
Languages:
English
Eligibility:
Unknown
Budget:
USD 2,500,000
Date posted:
Oct 29, 2026

Attachments • 1

5936.. .

Oct 29, 2026

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Description

The first activity will aim to improve overall project delivery and portfolio performance in light of Asian Development Banks (ADB) rapidly growing and diversifying assistance program. It will focus on two key government entities: (i) MFEM, which serves a
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About the Funding Agency

ADB - Asian Development Bank - based in Manila, Philippines since 1960.

The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.

As a multilateral development finance institution, ADB provides:

  • loans
  • technical assistance
  • grants

 

About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
  • Macroeconomic analysis and policy support
  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies

Public Sector Governance

Covers initiatives that strengthen public institutions, improve service delivery, and support transparent, accountable, and effective governance systems.


Key areas:
  • Public administration and civil service reform
  • Decentralization and local government strengthening
  • Anti-corruption and integrity frameworks in public bodies
  • Democratic processes, elections, and political institutions

Locations

Vanuatu

Vanuatu is a lower-middle-income small island developing state with an economy driven by tourism, agriculture and services. Frequent natural disasters - including cyclones and earthquakes - pose recurring setbacks to infrastructure and fiscal stability. Development strategies emphasise climate-resilient infrastructure, renewable energy deployment, agricultural productivity and governance reform. External financing and multilateral partnerships play a significant role in infrastructure delivery. Enhancing disaster preparedness and broadening the economic base remain key to achieving more stable and inclusive growth.

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Nr. of grants: 2108
Nr. of donors: 402
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