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PSDI helps Pacific countries achieve sustainable and inclusive economic growth by improving their business environments.
Reforms supported by PSDI reduce constraints to doing business, incentivize entrepreneurship and investment, foster new business models, and remove barriers to women’s full participation in the economy. This allows the private sector to formalize and grow, which creates jobs, increases tax revenues, and helps lift people out of poverty.
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PSDI’s Economic Empowerment of Women and Financing Growth teams were in Suva, Fiji last week to support the Pacific Islands Investment Forum (PIIF) Women in Super workshop.
Renewable energy can bring cost savings for Pacific utilities, but achieving these benefits requires strategic planning, careful integration of storage systems, and appropriate regulatory frameworks, according to PSDI SOE/PPP Expert, Laure Darcy, speaking at the Pacific Power Association Conference.
PSDI is providing long-term support to PNG's IPA for an ambitious business law reform program to enable entrepreneurship. A major component of this support has been the development of an upgraded online business registry.
Competition agencies, whether they are independent commissions or departmental offices, are crucial for making sure competition laws are followed and effective. PSDI provides training and leadership programs to strengthen these institutions in Kiribati, Papua New Guinea, and Solomon Islands.