Pacific Private Sector Development Initiative (Asian Development Bank) Information

PSDI is a regional technical assistance facility co-financed by the Australian Government, the Government of New Zealand, and the Asian Development Bank. 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.