Vanuatu: 2013 Article IV Consultation

International Monetary Fund

No 2013/169, IMF Staff Country Reports from International Monetary Fund

Abstract: Vanuatu has a comparatively favorable economy and cautious macroeconomic policies that have helped maintain stability and confidence. Financial sector policies also have been appropriately cautious. The economy must maintain low debt in the longer term, but as funding is needed for infrastructure, maintenance, and social services, new revenue measures have to be identified. This revenue could help strengthen the state while maintaining growth potential, especially in the tourism and agricultural sectors. The financing options for new large infrastructure projects have to be assessed.

Keywords: ISCR; CR; government; debt; deficit; real GDP; government fishery processing plant; e-government network; Vanuatu authorities; debt service; government finance; Public investment spending; Public investment and public-private partnerships (PPP); Credit; Pacific Islands; Australia and New Zealand (search for similar items in EconPapers)
Pages: 52
Date: 2013-06-21
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