Republic of Kiribati - Ministry of Finance & Economic Development

What Republic of Kiribati - Ministry of Finance & Economic Development does

The Republic of Kiribati - Ministry of Finance & Economic Development is a central government ministry of the Republic of Kiribati, headquartered in Bairiki, Tarawa. It is a sovereign public sector entity of state type, operating under the jurisdiction of the Kiribati national government. The ministry's role is to execute national fiscal policy, public financial management, and economic development planning for the country, supported by a staff of 33 employees.

The ministry does not operate as a commercial enterprise. The input data contains no products, no proprietary technology platforms, no pricing models, no distribution channels, no marketing channels, and no customer segments. Its reach is national, serving the population of Kiribati across its oceanic geographic span. There are no disclosed subsidiaries, no parent company, no ownership structure beyond the state, and no funding rounds or M&A activity associated with the entity.

The available source material is limited to firmographic metadata and a website loading page from mfed.gov.ki, which did not yield substantive content about operations, budgets, leadership, or technology. As a result, this analysis is constrained to what public-sector structure, jurisdiction, and headcount alone can support; deeper operational, financial, and strategic detail is not available in the provided input.

Name

Republic of Kiribati - Ministry of Finance & Economic Development

Legal name

Republic of Kiribati - Ministry of Finance & Economic Development

Website

https://mfed.gov.ki

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

The Ministry of Finance & Economic Development is the sovereign finance ministry of the Republic of Kiribati, headquartered in Bairiki, Tarawa, with 33 employees executing national fiscal policy and economic development planning for the country.

Ownership category

akta.pro rank

Product category

Public Financial Administration

NAICS

Public Finance Activities (921130), Administration of Economic Programs (9261)

SIC

Foreign Governments (8888)

akta.pro industry

PRIMARYBPAIAEAB

Treasury & Cash Management

Business & Public Services/Public Sector & Government Administration/Public Finance, Treasury & Procurement

SECONDARYBPAIABAC

State/Provincial Treasury, Budget & Fiscal Management

Business & Public Services/Public Sector & Government Administration/State/Provincial & Regional Government Administration

Keywords

• Public financial management
• Fiscal policy administration
• National economic planning
• Government budgeting
• Public sector finance

Headquarters

HQ city

Tarawa

HQ country

Kiribati

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

The Ministry of Finance & Economic Development is the national government ministry of the Republic of Kiribati responsible for fiscal policy, public financial management, and economic development planning. It administers the national budget, economic policy, and financial regulatory functions of the state. No commercial products or services are sold; it operates as a sovereign public sector entity.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Others

• Asian Development Bank: Multilateral development institution that is a primary lender and technical assistance partner for Kiribati's finance ministry. Relevant as a counterparty and capacity-building counterpart rather than a competitor.
• World Bank Group (IDA): Multilateral lender and policy advisor providing concessional budget support and PFM reform programs to Kiribati and similar Pacific SIDS. Key institutional counterpart.
• Central Bank of Kiribati: Domestic monetary authority operating in the same sovereign jurisdiction, with which the Ministry of Finance & Economic Development coordinates fiscal-monetary policy. Domestic institutional counterpart.

Direct peers

• Ministry of Finance, Samoa: Sovereign finance ministry of a small Pacific island state with a closely matched governance structure and donor-financed PFM reform agenda. Direct functional peer.
• Ministry of Finance and Economic Management, Vanuatu: Pacific island finance ministry with combined finance and economic development responsibilities, closely mirroring the Kiribati MFED structure. Direct peer.
• Ministry of Finance, Fiji: National finance ministry of a Pacific island sovereign with a comparable mandate in budget execution, taxation, and economic development. Directly comparable in function though materially larger in scale.
• Ministry of Finance, Tuvalu: Finance ministry of a small, climate-vulnerable Pacific atoll nation with a comparable population base and revenue structure. Closest scale and risk-profile match to Kiribati.
• Ministry of Finance and Treasury, Solomon Islands: Pacific island finance ministry with overlapping donor-driven PFM modernization and economic development mandate. Larger in scale but functionally analogous.
• Ministry of Finance, Tonga: National finance ministry of a Pacific island constitutional monarchy with a similar narrow revenue base and aid dependency profile. Direct comparable in mandate and scale tier.

Regional players

• Pacific Islands Forum Secretariat: Regional inter-governmental body coordinating economic and fiscal policy across Pacific island members. Functions as a peer forum and capacity-building network for Kiribati's finance ministry.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/ministry-of-finance-economic-development-republic-of-kiribati

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Republic of Kiribati - Ministry of Finance & Economic Development