In 1987, Parliament passed the Tuvalu Trust Fund Act. This law provides the legal basis for the establishment of the Tuvalu Trust Fund (TTF). Contributors to this fund are the Governments of Tuvalu, Australia, New Zealand and the United Kingdom. It is estimated to have funds at just over $ 27 million. For the government, TTF serves as a reliable source of investment finance, used to generate interest income from a diverse portfolio of assets. Earned interest income, after deducting depreciation and administrative costs, is made available to the government to finance its current budget, including to cover the negative trade balance.

Parties initial contributions:

  • Tuvalu $1.6 million AUD
  • Australia $8.0 million AUD
  • New Zealand $8.3 million AUD
  • United Kingdom $8.5 million AUD
  • Japan $700,000 AUD
  • Korea $31,000 AUD

Contact data

Phone: (+688) 20665