The December issue of "Trends and Developments" outlines key economic issues in the region and highlights outcomes of the Pacific Report on the Co-operative Performance Audit into Solid Waste Management.
December 2011: The December issue of the “Trends and Developments” e-newsletter by the Pacific Islands Forum Secretariat (PIFS) outlines key economic issues for the region in 2012. The newsletter is produced biannually, and is based on the work programme of the PIFS Forum Economic Ministers Meeting (FEMM).
The newsletter notes weak economic growth projections for most Forum Island Countries (FICs) in 2012, with the exception of Nauru, Papua New Guinea (PNG), Solomon Islands and Vanuatu. FICs have recognized the need to improve public financial management to encourage growth and reduce poverty, according to the newsletter. PIFS also highlights work: in the Pacific Financial Inclusion Programme (PFIP), with examples from Fiji, Samoa, Tonga and Vanuatu; on the Pacific Regional Audit Initiative (PRAI), with examples from Kiribati, Nauru, and Tuvalu; and the Sub-regional Audit Support (SAS) programme, with examples from Kiribati, Nauru, and Tuvalu.
Finally, the newsletter reports on the outcomes of the Pacific Report on the Co-operative Performance Audit into Solid Waste Management. [Publication: PIFS Newsletter]