Kiribati, Dec. 17 -- Kiribati is set to strengthen public finances, improve delivery of essential services, and boost climate resilience through a new package of reforms supported by the World Bank. The program will help deliver more transparent budgeting, fairer and more efficient taxes, stronger state-owned enterprises, cleaner communities, and safer homes designed for a changing climate.A central focus of the reforms under the Kiribati Second Resilient Growth Development Policy Operation with a Catastrophe Deferred Drawdown Option (Cat DDO) is modernizing Kiribati's legislative framework to strengthen public finances. A new Public Financial Management Bill will reduce the time taken to publish audited government accounts from almost two ...