2025 Finance and Economic Ministers Meeting (FEMM) Highlights

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Stronger Together: Advancing Economic Resilience and Sustainable Futures in the Pacific 

The PS Team of four including PIPSO Chairman, and reps from Niue, Samoa, and Vanuatu were given prescriptive topics under this theme. Noteworthy was “PIPSO’s revitalization and support required from members.” This gave the chairperson the opportunity to reiterate the continuing need for long term funding support from PIFS for the secretariat function especially.

 

Private Sector Strategy + Revitalization Process 

PIPSO commends the work by the Pacific Islands Forum to validate our regional governments’ Private Sector Strategy, which the private sector has eagerly looked forward to as we stride together to stay on course for our 2050 Blue Pacific Strategy journey. 

With the Governance Review supported by the ILO ACTEMP , a set of over 100 reforms to PIPSO have been identified by a consortium of representatives across Chambers of Commerce throughout the region, and we are now being reviewed by our Board to present at the upcoming General Membership meetings in coming months. This has increased the momentum in the revitalization of our regional private sector organization. While the process is proving to be monumental with the volunteer resources we are restricted to, we are meeting our revitalization milestones and remain focused on doing the hard but necessary yards to achieve our goals for the integrity of a better revitalized PIPSO. 

 

Regional Private Sector Priorities 

• Education: Education and opportunity, enterprise and capacity building must be inclusive for our people, recognizing our student potential, youth and women as critical factors. 
• Technology: Given the impact that digital communications establishes for the ease of doing business, we continue to emphasize the importance of technology development, especially with regards to communications, data production and management. 

Our region has a proven leadership role incorporating our 16 SIDS through PIFS—we hope that this forum will continue to support PIPSO specifically in establishing some permanency in secretarial services to support our scope of needs.