Vanuatu : 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vanuatu

Author/Editor:

International Monetary Fund

Publication Date:

March 31, 2005

Electronic Access:

Free Full text (PDF file size is 842 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2004 Article IV Consultation highlights that Vanuatu’s real GDP growth rebounded to 2.4 percent in 2003, and the recovery continued in 2004 with growth of an estimated 3 percent. The improvement was bolstered by a strong supply response to a recovery in export prices and the liberalization of trading in two key exports (cocoa and copra), the discovery of new markets for kava following the ban by several countries in 2002, and higher tourist arrivals with an expansion in airline capacity to Vanuatu. Progress has also been made in strengthening Vanuatu’s financial sector.

Series:

Country Report No. 05/124

Subject:

English

Publication Date:

March 31, 2005

ISBN/ISSN:

9781451840568/1934-7685

Stock No:

1VUTEA2005002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

55

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