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Economic and Infrastructure Developments in Nauru

Government Revenue

Nauru’s government revenue is governed by Article 58 of the Constitution, which outlines the framework for financial management. Key aspects include:

• The Minister for Finance must table a 6-monthly report to Parliament under Section 8 of the DFA 2011.
• An annual report on expenditure and income of monies under the DFA 2011 is also required.

Nauru Airline and Flights

Nauru Airlines operates a fleet of 6 aircraft, with:

• 3 dedicated for passenger flights
• 3 for freight only
• Regular flights to destinations including:
  • Nauru
  • Fiji
  • Australia
  • Kiribati
  • The Marshall Islands
• The airline also undertakes charters on request from various countries.

Shipping – Nauru’s Port and Nauru’s Ship

Nauru’s shipping infrastructure has seen significant developments:

• New port construction: Funded by an Asian Development Bank grant, the new port can load and offload cargoes like any other port.
• Current ship berthing capabilities:
  • The NSL ‘Micronesian Pride’ is currently able to berth at the port.
  • Smaller vessels are also able to dock.

Key Developments

Recent developments in Nauru’s economy and infrastructure include:

• Nauru Airlines continues operations: Regular flights to several destinations, including charters on request from various countries.
• New port impacts expected:
  • More ships berthing at the port may lead to activities related to Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT).