IMF Staff Country Reports

Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru

November 28, 2023

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Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru, (USA: International Monetary Fund, 2023) accessed December 18, 2024

Summary

Nauru faces structural challenges due to its small size and remoteness, and is highly dependent on imports. The narrow revenue base comprises fishing license fees, residual phosphate processing, and revenue from the Regional Processing Center (RPC). Nauru is vulnerable to the negative effects of climate change, as the population inhabit in a narrow coastal area. The health and economic impact of the pandemic has been limited in Nauru, thanks to successful vaccination and containment strategies

Subject: Economic and financial statistics, Expenditure, External sector statistics, Financial services, International organization, Monetary policy, Public debt, Revenue administration

Keywords: Australia and New Zealand, External sector statistics, Global, IMF staff representative, Joint statement, NA statistics, Nauru agency, Pacific Islands, Staff appraisal

Publication Details

  • Pages:

    84

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/376

  • Stock No:

    1NRUEA2023001

  • ISBN:

    9798400259678

  • ISSN:

    1934-7685

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