by the adf in the development of pdmcs has brought to the fore important issues such as the need to raise the development effectiveness of adf operations. while making a firm commitment in the fight against poverty, donors, in their meeting last year stressed some key requirements for stakeholders. in particular, against the uncertainty in achieving the millennium development goal of reducing non - income poverty in the region, adf operations and assistance need to focus sharply on sustainable economic growth, inclusive social development, and good governance. this means there is a need to firmly focus on results and development effectiveness. the establishment of the adb ’ s new results management unit ( rmu ) provides a monitoring device, which will focus closely on results, at the project, sector, country and regional levels. paying close attention to results under this framework is expected to bring benefits including greater accountability, and more effective resource use. results - based country strategies are also expected to align themselves to national priorities for poverty reduction. i must stress again that it is in our own interest that results are achieved. may i deviate a little here to share what fiji is doing in terms of a resultsbased monitoring system at the sector level. the fiji government in november last year, endorsed the outcome of a mid - term review of it ’ s strategic development plan ( sdp ) 2003 - 2005, the government ’ s plan to achieving the vision of a “ peaceful and prosperous fiji ”. this review was aimed at assessing the progress made in implementing the plan ’ s policies and identifying implementation constraints, as well as re - examining the plan ’ s policy objectives and its key performance indicators ( kpis ). wide consultations and regular discussions between the government and representatives of the private sector and civil society, revealed that while some kpis have been achieved – through timely implementation of sdp policies – other kpis need to be modified based on the new challenges we now face. the review also emphasised the need to move ahead quickly in areas such as public sector reform, to lift productivity and thus improve efficiency and effectiveness in service provision, while raising investment quality as well as growth potential. moreover, the review highlighted the inadequacy of resources to meet fiji ’ s development needs. with fiji ’ s commitment to the achievement of the mdgs, and i ’ m sure the same goes for the rest of the pdmcs, the determined efforts between us and our development partners is essential if we will achieve our goals. i believe it is com

savenaca narube : working in close collaboration with the asian development bank welcoming remarks by mr savenaca narube, governor of the reserve bank of fiji, at the regional workshop on the asian development bank ’ s performance based allocation of asian development fund resources, suva, 12 april 2005. * * * salutation mr robert siy, officer in charge of the pacific department in the adb the director of the suva sub regional office, ms jarvenpa mr harrigan distinguished participants : welcome it is my pleasure to welcome you to this three - day regional workshop. i specially welcome to our shores all the participants from our neighbouring pacific developing member countries ( pdmcs ). i hope you will enjoy your stay in suva during the course of the workshop. i would like to thank the asian development bank and the sub regional office in suva for organising this workshop. as you know, the former president chino of the adb officially opened this sub regional office in fiji last year and i must say that we are already seeing the benefits of this office already in our closer collaboration with adb. as you know, the adb is the most active of multilateral lenders in fiji and i believe also in the region. it is therefore very important that we exploit what adb can offer to us and a workshop such as this goes a long way in meeting this objective. we all know that resources are not limitless. they are scarce. on the national level, our government budgets are an important tool for allocating these resources. on the global level, we look to donors and multilateral institutions such as adb to assist us achieve our development goals. their resources too are limited. hence, while, as borrowers, we would like to have access to all resources that we want and the cheaper the better, the reality is that this will not be possible. we must therefore ensure that we use the resources that are available to us wisely. otherwise, the opportunity costs are high and nobody gains. it becomes a loose - loose situation. to turn this partnership into a win - win situation the lenders must align its assistance to the priorities of the borrowers and for the borrowers to use this assistance as effectively as possible. objective of workshop i am told the objective of this workshop is to examine the rationale and scope of the adb ’ s policy on the performance - based allocation ( pba ) of asian development fund ( adf ) resources.