International Monetary Fund no relation Asian Development Bank
Foreign relations
Vanuatu has joined the Asian Development Bank, the World Bank, the International Monetary Fund, the Agence de Coopération Culturelle et Technique, la Francophonie and the Commonwealth of Nations.
Since 1980, Australia, the United Kingdom, France and New Zealand have provided the bulk of Vanuatu's development aid. Direct aid from the UK to Vanuatu ceased in 2005 following the decision by the UK to no longer focus on the Pacific.
More recently, new donors such as the Millennium Challenge Account (MCA) of the United States and the People's Republic of China have been providing increased amounts of aid funding and loans. In 2005 the MCA announced that Vanuatu was one of the first 15 countries in the world selected to receive support – an amount of US$65 million was given for the provision and upgrading of key pieces of public infrastructure.
no relation