Tuvalu, Nov. 5 -- The Asian Development Bank (ADB) has approved a $7 million policy-based grant to help enhance public financial management (PFM).The Tuvalu Supporting Public Sector Management Reform Program consists of two subprograms aimed at advancing public financial management to achieve fiscal resilience, transparency and accountability of public entities, and climate resilience through improved PFM and commitments undertaken in accordance with Tuvalu's nationally determined goal of achieving 100% reliance on renewable energy by 2030. The $7 million grant is funded through ADB's Asian Development Fund which provides grants to the poorest and most vulnerable countries in Asia and the Pacific. During 2021-2024, the fund helped 384,000 p...