According to Countryaah, a large part of the population still lives on subsistence farming and single fisheries. A significant part of trade – especially outside the capital – is organized in cooperatives. Almost one third of the population participates in activities related to the cooperative sector. At the same time, the situation in the labor market is deteriorating. In 1988, the government adopted a plan for the resettlement of thousands of people from the thinnest islands.
In 1989, a UN report on global warming and rising water levels as a result of pollution concluded that Kiribati is one of the countries at risk of being completely flooded, unless drastic steps are taken.
In 1991, elections were won by Teatao Teannaki with 46.3% of the vote. This presidential shift was the first since independence.
In early 1993, the country received a $ 300,000 loan from the Asian Development Bank for the implementation of projects in Northern Esporadas, with the aim of increasing the opportunities for agricultural production and tourism in the area.
- Follow abbreviationfinder to see what is the meaning of KI in geography. It can stand for Kiribati. Click this site to see other possible meanings of this acronym.
President Teannaki’s government was accused of misappropriation of public funds, lost in May 1994 a vote of no confidence and had to withdraw. In July, the opposition coalition Maneaba Te Mauri gained a majority in parliament, and in the September elections, Teburoro Tito was elected president.