Vanuatu: Recent Economic Developments

October 23, 2000

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Vanuatu: Recent Economic Developments, (USA: International Monetary Fund, 2000) accessed November 22, 2024

Summary

Vanuatu has maintained macroeconomic stability, but real GDP growth slowed despite the receipt of considerable foreign assistance and the implementation of structural reforms under the Comprehensive Reform Program (CRP). A sharp increase in liquidity, a consequent bulge in consumption, and a rise in imports have affected Vanuatu's recent economic performance. Inflation, as measured by the consumer price index for the main urban centers, has remained moderate in recent years. The paper also discusses prices and population, financial sector, and external sector developments of Vanuatu.

Subject: Bank deposits, Banking, Commercial banks, Currencies, Exports, External debt, Financial institutions, Imports, International trade, Money

Keywords: Balance of payments, Broad money, Capital expenditure, Commercial banks, CR, Currencies, Debt service, Exchange rate, Exports, Foreign direct investment, Imports, ISCR, Pacific Islands, Private sector, Real GDP, Reserve bank of Vanuatu, U.S. dollar, Vanuatu government

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/129
Stock No:

1VUTEA0012000
ISBN:

9781451840483
ISSN:

1934-7685

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