Kiribati: Recent Economic Developments

International Monetary Fund

No 1999/079, IMF Staff Country Reports from International Monetary Fund

Abstract: Kiribati is a country in the central Pacific Ocean and one of the least-developed Pacific island economies. A large share of imports and government spending is financed from external grants and fishing license fees. The key policy development has been the adoption of a medium-term strategy, which focuses on reducing the role of the public sector to promote the development of the private sector. The improvement in the current and capital account balances has led to an increase in the overall balance.

Keywords: ISCR; CR; Kiribati; Kiribati authorities; enterprise; balance (search for similar items in EconPapers)
Pages: 46
Date: 2000-06-29
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