Kiribati: 2013 Article IV Consultation—Staff Report; Informational Annex, Debt Sustainability Analysis, Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kiribati
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Kiribati is one of the poorest and most remote microstates in the Pacific. It is highly dependent on volatile fishing license fees, remittances, and donor assistance. The challenge is to implement fiscal and structural reforms to help ensure fiscal sustainability, promote private sector development, and increase its resilience to external shocks. Fully using its marine potential beyond fishing license fees will help to improve fiscal revenues and growth opportunities. More generally, private sector development is critical for both increasing growth and reducing fiscal pressures.
Series:
Country Report No. 2013/158
Subject:
Agroindustries Climate change Economic sectors Environment External debt Public and publicly-guaranteed external debt Public debt Public financial management (PFM) Revenue administration
English
Publication Date:
June 6, 2013
ISBN/ISSN:
9781484338353/1934-7685
Stock No:
1KIREA2013001
Pages:
55
Please address any questions about this title to publications@imf.org