Kiribati

In Kiribati, PSDI is supporting reforms to improve the business and consumer environment and expand private sector opportunities.

PSDI is working with the Government of Kiribati to:

  • Modernize company and business laws;

  • Draft legislation for the development of an online business registry;

  • Strengthen the operations and financial sustainability of the Kiribati Provident Fund including development of a comprehensive policy framework;

  • Undertake analysis in preparation for the establishment of a Commerce Commission; and

  • Support the improved performance of state-owned enterprises through analysis and review.

Resources and Spending

Of the $285,144 PSDI has spent in Kiribati in total, $116,055 was deployed in the 2018/2019 financial year (FY). This expenditure has mainly funded the development of three news bills— the Companies Bill, the Companies Insolvency Bill, and the Business Names Bill.

Kiribati2007 2019 web

On this website, $ refers to US dollars unless otherwise stated.

For detailed information on PSDI activities in Kiribati, download the April 2020 PSDI Country Overview here.

Kiribati at a glance

Modern business laws

PSDI completed an assessment of Kiribati's company and business name laws in 2016, and has provided a draft Companies Bill, Companies Insolvency Bill, and Business Names Bill, which which are anticipated to be introduced to Parliament in 2020.

SOE benchmarking

in PSDI’s Finding Balance study, which included Kiribati for the first time in 2015/2016.

Pension fund sustainability

supported through work to strengthen the operations and financial management of Kiribati Provide Fund.
Latest News
11 May 2021
New laws make it easier to start, manage, and grow businesses in Kiribati—PSDI

Kiribati now has a suite of modern foundational business laws after the Companies Act, Company Insolvency Act, and Business Names Act were passed by Parliament last week. The new laws will make it easier for both existing and new businesses to operate in Kiribati.

read more
5 May 2021
New PSDI-supported laws make it easier to start, operate, and grow businesses in Kiribati

Kiribati now has a suite of modern, foundational business laws after the Companies Act, Company Insolvency Act, and Business Names Act were passed by the country's Parliament last week. The new laws will make it easier for both existing and new businesses to operate in Kiribati.

read more
Key Publications
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PSDI Country Overviews 2022
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PSDI Infographic Brochure 2022
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This infographic brochure illustrates PSDI’s overall work and key achievements.
State-Owned Enterprises: Board Nomination Practices in the Pacific
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This policy brief challenges policymakers to consider a transparent and objective board nomination process as critical to an SOE’s prospects of achieving its commercial and operational goals.
Economic Empowerment of Women 2022
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This infographic brochure illustrates PSDI’s work and key achievements in its Economic Empowerment of Women focus area.