Tuvalu: Staff Report for the 2012 Article IV Consultation

September 4, 2012

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Tuvalu: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 23, 2024

Summary

This paper discusses Tuvalu’s economic condition, internal happenings, external linkages, and climate. The country has reported slow economic growth after the global crisis. The export and economic expansions have been minimal with many of its goods imported. The main source of income for the country continue to be remittances from its citizens working abroad and donor assistance. The government has laid out a rigid agenda for improving fiscal strength, literacy rate, power, health, and reducing nonpriority expenditure. The authorities believe that these challenges have given a fighting spirit to the country.

Subject: External debt, National accounts, Personal income, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: Australia and New Zealand, CR, Exchange rate appreciation, Financing buffer, Global, Government, IMF staff estimate, Investment strategy, ISCR, Pacific Islands, Public and publicly-guaranteed external debt, Real GDP, Tuvalu authorities

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/259
Stock No:

1TUVEA2012001
ISBN:

9781475505795
ISSN:

1934-7685

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