Tuvalu : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

October 4, 2016

Electronic Access:

Free Full Text (PDF file size is 1717 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Tuvalu is a fragile micro-state facing tremendous challenges from its remoteness, lack of scale economies, weak institutional capacity, and above all, climate change, which threatens the country’s very existence. Thanks to buoyant fishing licensing fees and grants, Tuvalu has accumulated fiscal buffers in recent years, but it is now incurring significant costs rebuilding after the devastating Cyclone Pam in March 2015. Looking ahead, Tuvalu faces substantial long-run costs in improving its infrastructure to mitigate the effects of climate change.

Series:

Country Report No. 16/323

Subject:

English

Publication Date:

October 4, 2016

ISBN/ISSN:

9781475543926/1934-7685

Stock No:

1TUVEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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