Articles tagged with World Bank
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US Commits $60M to Support Pacific Energy Crisis Amid Global Challenges
02 Sep 2026 | 1 week ago | 121 viewsForeign Minister Winston Peters welcomed the US decision to provide $60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been actively working to help Pacific nations manage fuel dependency and price shocks. New Zealand’s development program focuses on boosting economic and energy resilience by promoting renewable energy and energy efficiency in the region.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsUS Commits $60M to Support Pacific Energy Amid Global Crisis, Says Winston Peters
02 Sep 2026 | 1 week ago | 125 viewsForeign Minister Winston Peters welcomed the United States' decision to provide US$60 million in energy support to the Pacific, addressing budget shortfalls caused by the global energy crisis. The Pacific Islands Forum and partners like New Zealand, Australia, Japan, the World Bank, and the Asian Development Bank have been collaborating to help Pacific Island countries manage fuel dependency and price shocks. New Zealand’s development program focuses on enhancing economic and energy resilience through renewable energy and improved efficiency to reduce reliance on imported fuels.
Tags: Winston Peters Christopher Landau United States Pacific Islands Forum New Zealand Australia Japan World Bank Asian Development Bank Pacific IslandsAustralia-New Zealand Finance Ministers Strengthen Economic Ties Amid Global Challenges
24 Apr 2026 | 4 months ago | 736 viewsMinister of Finance Nicola Willis and Australian Treasurer Jim Chalmers met to address regional fuel supply disruptions, economic outlook, and trans-Tasman integration amid global challenges. They committed to ongoing cooperation on fuel market conditions, financial system resilience, and targeted assistance to the Pacific, emphasizing practical, timely responses to minimize inflation and fiscal costs. The leaders also discussed enhancing economic growth through the Single Economic Market agenda and participated in business and commemorative events to strengthen bilateral ties.
Tags: Nicola Willis Jim Chalmers Minister of Finance Treasurer Australia New Zealand ANZLF World Bank Asian Development BankNew Zealand Boosts Ukraine Aid by $8M and Expands Sanctions on Russia
23 Feb 2026 | 6 months ago | 934 viewsNew Zealand will provide $8 million in new assistance to Ukraine, including $5 million for humanitarian aid and $3 million for energy resilience and reconstruction, raising its total aid to $45 million over four years. The government is also implementing its 34th round of sanctions against Russia, targeting oil price caps, shadow fleet vessels, and entities from Belarus, Iran, and North Korea that support Russia’s military efforts. These measures aim to curb Russia’s war capabilities and demonstrate New Zealand’s ongoing solidarity with Ukraine amid the ongoing conflict.
Tags: New Zealand Ukraine Russia Winston Peters Belarus Iran North Korea World Bank sanctions humanitarian assistanceDr. Anna Breman Appointed as New Governor of New Zealand Reserve Bank
24 Sep 2025 | 11 months ago | 1158 viewsDr Anna Breman, First Deputy Governor of Sweden's central bank, has been appointed as the new Governor of the Reserve Bank of New Zealand by Finance Minister Nicola Willis. Dr Breman brings a strong background in economics, having held leadership roles at the Riksbank and Swedbank, and worked with various institutions including the World Bank. She was selected from a pool of 300 candidates based on criteria such as leadership skills, technical expertise, stakeholder engagement, resilience, and cultural understanding. Dr Breman's appointment is for a five-year term starting on December 1, succeeding Christian Hawkesby who will support her transition before leaving his interim Governor role.
Tags: Dr Anna Breman Nicola Willis Sweden New Zealand Riksbank Stockholm School of Economics Swedbank World Bank United States Christian Hawkesby