Vanuatu: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Alternate Executive Director for Vanuatu

International Monetary Fund

No 2009/166, IMF Staff Country Reports from International Monetary Fund

Abstract: The staff report for Vanuatu’s 2009 Article IV Consultation discusses economic developments and policies. Vanuatu is well placed to take countercyclical measures should growth slow more than expected. Although close monitoring of banks is necessary given the rapid growth in the private sector credit last year, the wide differential in policy rates between Vanuatu and its major trading partners suggest that there is some scope for monetary easing if things deteriorate more than expected.

Keywords: ISCR; CR; economy; MCA disbursement; Vanuatu; aid inflow; core inflation; Vanuatu authorities; development expenditure; financing construction sector activity; inflation experience; ni-Vanuatu authorities; consumer finance sector; Credit; Budget planning and preparation; Global; Australia and New Zealand; Pacific Islands; Europe (search for similar items in EconPapers)
Pages: 60
Date: 2009-05-27
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Citations: View citations in EconPapers (5)

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