AGP Executive Report
Last update: 6 hours agoAid Shock for the Pacific: The OECD warns global Overseas Development Assistance is heading to its lowest level since 2014, with Asia-Pacific small island states projected to lose about 33.4% of ODA between 2024 and 2026—hitting health, disaster response and disease control hardest, including steep cuts to malaria and tuberculosis programmes. Tuvalu Trust Fund Scrutiny: Australia has refused to release internal papers on how it invests the Tuvalu Trust Fund, despite AFP reporting the fund holds assets linked to coal, gas and oil; Tuvalu relies on the roughly A$200m fund for climate resilience costs. Tuvalu Procurement Opportunity: The Tuvalu Fisheries Authority is calling for Expressions of Interest for a Project Procurement Officer role under the TV PROPER oceanscape programme, funded by the World Bank/IDA. Pacific Banking Access: Pacific leaders met in Majuro to push ahead on correspondent banking links, aiming to keep international payments and trade flowing as anti-money laundering and resilience work ramps up. Fiji Fuel Price Cuts: Fiji’s regulator says diesel, motor spirit and kerosene prices fall for July, citing improving global market conditions. Vanuatu–Australia Security Pact: Australia and Vanuatu signed the Nakamal Agreement after months of renegotiation, with key third-party critical infrastructure limits softened into consultation and a pledge to keep infrastructure free from militarisation.
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