The United Nations Development Programme (UNDP) and the Republic of Palau Government signed a cost-sharing agreement to support a new project that will provide statistical evidence that will not only highlight inequalities but provide insights to address current vulnerabilities in Palau.
The agreement was signed by Honorable Elbuchel Sadang, Minister of Finance for the Republic of Palau and Akiko Fujii, UNDP’s Deputy Resident Representative.
The project, Capacity Building for Tracking Basic Needs Poverty to inform appropriate social protection policy dialogue project, will also provide an opportunity for Palau to establish baseline setting for the Sustainable Development Goals (SDGs) and the Post-2015 Development Agenda.
Under the agreement, UNDP will provide technical expertise and funding for the analysis of Palau’s 2014 Household Income and Expenditures Survey (HIES) data. In 2006, UNDP undertook the analysis of Palau’s HIES and has supported many Pacific Island countries in the analysis of such surveys.
The project will include a comparative analysis against Palau’s 2006 HIES to provide poverty and inequality trends linked to the country’s overall macroeconomic and growth trends.
The Palau Government will contribute US$40,000 for the training to build capacity of national staff on the methodology of the Basic Needs Poverty Line analysis of the HIES, publication and dissemination. UNDP will provide technical assistance for the training and completion of the Palau 2014 HIES Analysis Report.