Pacific Financial Technical Assistance Centre 2008-2011
Author: Asian Development Bank
Publisher:
Published: 2008
Total Pages: 22
ISBN-13:
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Author: Asian Development Bank
Publisher:
Published: 2008
Total Pages: 22
ISBN-13:
DOWNLOAD EBOOKAuthor: International Monetary Fund
Publisher: International Monetary Fund
Published: 2011-05-25
Total Pages: 69
ISBN-13: 1455281581
DOWNLOAD EBOOKPapua New Guinea showed solid economic growth, supported by greater political stability, fiscal framework, and a healthy banking sector. Executive Directors encouraged the authorities to consider tighter macroeconomic policies in the face of rising inflation pressures and also stressed the need of a tight fiscal policy. They welcomed the Sovereign Wealth Funds (SWF), and considered it important to integrate the use of resources in the SWF into the budget and macroeconomic framework, supported by strong fiscal institutions. Directors observed that Liquefied Natural Gas (LNG) and other resource projects provide an opportunity to raise long-term growth and living standards.
Author: IBP, Inc.
Publisher: Lulu.com
Published: 2009-03-20
Total Pages: 290
ISBN-13: 1438726988
DOWNLOAD EBOOKKiribati Economic & Development Strategy Handbook
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
Published: 2018-03-05
Total Pages: 83
ISBN-13: 1484344650
DOWNLOAD EBOOKThis 2017 Article IV Consultation highlights that the economy of the Solomon Islands grew by 3.5 percent in 2016 driven by a peak in the forestry sector. Growth remained solid in 2017 and is projected at 3.0 for 2018, buoyed by infrastructure spending, fisheries and agriculture, although logging production is slowing down. Inflation is contained at an annual rate of just 1.6 percent in October 2017. The current account deficit has widened a little but international reserves levels are comfortable. The fiscal deficit is expected to have reached 4.0 percent of GDP in 2017 and to widen further in 2018. The risks to the economy are on the downside with the weakening fiscal position heightening vulnerability to shocks.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2011-05-24
Total Pages: 67
ISBN-13: 1455287636
DOWNLOAD EBOOKThe staff report highlights that the economy of Kiribati showed resilience from the global crisis owing to infrastructure projects financed by foreign assistance. Executive Directors stressed the importance of preserving real per capita value of the Revenue Equalization Reserve Fund to ensure fiscal sustainability and intergenerational fairness. They appreciated the multiyear budget framework, which helped in designing realistic fiscal plans. Directors noted the joint IMF-World Bank debt sustainability analysis and encouraged authorities to secure grant financing to support the country’s development needs.
Author: International Monetary Fund. Secretary's Department
Publisher: International Monetary Fund
Published: 2021-10-04
Total Pages: 74
ISBN-13: 1513568817
DOWNLOAD EBOOKA recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
Published: 2013-12-03
Total Pages: 68
ISBN-13: 1475556217
DOWNLOAD EBOOKThis 2013 Article IV Consultation highlights that Papua New Guinea has achieved strong economic growth over the past decade, benefiting from high commodity prices, mineral investment inflows, sound macroeconomic policies, and financial sector stability. The current account deficit is expected to narrow sharply in 2013 as imports and income outflows decline with the winding down of liquefied natural gas project construction. The Bank of Papua New Guinea has kept the policy interest rate unchanged since early 2013 given weakening nonmineral sector demand, but has issued central bank bills and raised cash reserve requirements to absorb excess liquidity in the banking system.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2011-12-02
Total Pages: 39
ISBN-13: 1463929242
DOWNLOAD EBOOKThe economy of the Republic of the Marshall Islands has experienced a strong recovery with a 5.2 percent growth in 2010 following strong improvement in the fisheries sector and a moderate recovery in exports. The financial sector remained focused on consumer lending and contributed little to overall economic growth. Although the financial sector remained profitable, much of the rapid growth in credit has been in consumer loans. The authorities are monitoring high levels of household debt and intend to begin work on strengthening the regulatory framework.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2012-09-04
Total Pages: 62
ISBN-13: 1475505795
DOWNLOAD EBOOKThis 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.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2010-05-13
Total Pages: 62
ISBN-13: 1455206385
DOWNLOAD EBOOKTonga’s high debt and the apparent ineffectiveness of the monetary transmission mechanism constrain the authorities’ ability to support growth. In the near term, the strength of the global recovery is by no means assured, and there are multiple risks that could weaken prospects in both Europe and the United States. A further rise in world commodity and food prices would also hit Tonga hard, feeding through to inflation, growth, and the current account deficit. Tonga’s high public debt now poses a major risk to economic prospects.