Republic of Nauru: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Nauru

February 7, 2022

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Republic of Nauru: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Nauru, (USA: International Monetary Fund, 2022) accessed December 22, 2024

Summary

Early and decisive measures successfully prevented an outbreak of COVID-19 in Nauru, and as of January 2022 there have been no COVID-19 cases on the island. Strong pandemic policy measures supported the economy, which continued to expand in FY20 and FY21. Nauru’s remoteness and size constrain potential growth and it is severely exposed to the negative effects of climate change on sea levels and the ocean stock of tuna. Development challenges are exacerbated by limited capacity and a high incidence of non-communicable diseases (NCDs).

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), COVID-19, Crime, Health, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Agency arrangement, Anti-money laundering and combating the financing of terrorism (AML/CFT), Australia and New Zealand, Authorities in Nauru, COVID-19, ESS TA mission, Global, Nauru agency, Pacific Islands, TA GFS mission

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/028
Stock No:

1NRUEA2022001
ISBN:

9798400200304
ISSN:

1934-7685

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