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Vanuatu: 2018 Article IV Consultation-Press Release; and Staff Report

International Monetary Fund

No 2018/109, IMF Staff Country Reports from International Monetary Fund

Abstract: Three years after Cyclone Pam struck Vanuatu causing extensive damages, reconstruction efforts are near completion with full recovery in sight. However, capacity constraints and coordination issues have hampered the use of committed funds by donors and development partners, thereby slowing down recovery. Meanwhile, the government’s ambitious development agenda is making good progress with several major infrastructure projects completed or projected to be completed in the next year.

Keywords: ISCR; CR; debt; Vanuatu; IMF staff estimate; accommodative monetary policy stance; debt service; IMF quota; inflation pressure; debt dynamics; Natural disasters; Infrastructure; Anti-money laundering and combating the financing of terrorism (AML/CFT); Pacific Islands; Asia and Pacific (search for similar items in EconPapers)
Pages: 71
Date: 2018-04-26
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