Given its small size and struggling economy, Nauru has only a handful of national agencies which are autonomous or semi-autonomous publicly-funded bodies, commissions, state-owned enterprises or authorities usually established by parliament. Where they exist, these agencies work across areas including economic development and investment, communications, environmental rehabilitation and sustainability, education and healthcare. The Nauru Media Bureau is Nauru’s only media organisation and provides a fortnightly newspaper, radio and TV services. The Nauru Fisheries & Marine Resources Authority is responsible for development and sustainable utilisation of the fisheries and marine resources in Nauru.
The Nauru Rehabilitation Corporation is responsible for providing environmentally sustainable rehabilitation of land destroyed by phosphate mining, while the state-owned Republic of Nauru Phosphate Corporation (RONPhos) continues mining and exporting the remnants of Nauru’s phosphate reserves. The Nauru Phosphate Royalties Trust (NPRT) was a state-owned investment fund charged with investing the royalties from the Nauru Phosphate Corporation for the benefit of the country; however the Trust went bankrupt in 2004 due to mismanagement, failed investments and the disruption of the mining industry. With the assistance of the Asian Development Bank (ADB), the NPRT was replaced with the Nauru Trust Fund and the Nauru Intergenerational Trust Fund which are focused on long-term financial security, responsible management and investment.