WELCOME

TTF Welcome Statement

TTF Welcome Statement

Talofa and welcome to the website of the Tuvalu Trust Fund. As Chair of the Board, I am honoured to welcome interested development partners, regional and international organisations, non-government organisations, individuals, and most importantly my fellow Tuvaluans. The TTF official website serves as a space that provides any information on the Fund.

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About Tuvalu Trust Fund

About Tuvalu Trust Fund

Established in 1987, the International Trust Fund Agreement was signed between the Governments of Tuvalu, Australia, New Zealand and the United Kingdom, the initial contributors to the Fund. In 2004, the United Kingdom withdrew from the Deed.

The Fund is managed and supervised by the Board of Directors, a representative from

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What We Do

What We Do

The International Trust Fund Agreement between the Governments of Tuvalu, Australia and New Zealand, stated under Article 2, the purpose of the fund is to contribute to the long-term financial viability of Tuvalu by providing an additional source of revenue for recurrent expenses of the Government of Tuvalu in order to:

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The Tuvalu Trust Fund is a sovereign wealth fund. It is a state-owned investment fund comprised of the money generated by the Government.

  • To assist the Government of Tuvalu in achieving greater financial autonomy in the management of its recurrent budget.
  • To enable the Government to maintain and improve social infrastructure and services.
  • To enhance the Government’s capacity to receive and effectively utilize external capital development and technical assistance.
  • Help the Government meet long-term maintenance and operating costs of economic infrastructure and services.
  • Assist the Government in developing the economy of Tuvalu.

The official signing of the ‘International Trust Fund Agreement’ (the Deed) was on the 16th of June 1987 by Tuvalu, NZ, UK, and Australia.

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The original partners to the Deed were the Governments of Tuvalu, Australia, New Zealand, and the United Kingdom. In 2004, the UK withdrew from the Deed and is no longer represented on the Board.

The CIF is the buffer account of the Tuvalu Government and it holds unspent TTF distributions or any other Government excess revenue. The CIF belongs wholly to the Tuvalu Government and has the right to draw down at any time. In contrast to the TTF where it is subject to the terms of the International Trust Fund Agreement (Deed). 

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