World Bank, ADB Establish Presence in Vanuatu

A scenic view of Port Vila, Vanuatu's capital city. A joint liaison office by the World Bank and Asian Development Bank will open there in August 5. Photo by: Phillip Capper / CC BY Phillip CapperCC BY

The World Bank and Asian Development Bank opened August 5 a joint liaison office in Vanuatu.

The joint office in Port Villa is both banks’ first outpost in the country. It is expected to allow the banks to provide more effective support on the ground as well as maintain close and regular dialogue with the government, civil society organizations and other development stakeholders in the country.

The office also represents the deepening relationship between the two multilateral development banks, according to a World Bank news release.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.