IMF -- Resident Representative Office in Fiji and the Pacific Islands

Fiji and the Pacific Islands

Resident Representative Office in the Pacific Islands

This web page presents information about the work of the IMF in Pacific Islands Countries, including the activities of the IMF Regional Resident Representative Office based in Suva, Fiji. Additional information can be found on the IMF country pages for Fiji, Kiribati, Marshall Islands, Micronesia, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu, including IMF reports and Executive Board documents that deal with issues in Pacific Island Countries.

At a Glance : Pacific Islands's Relations with the IMF

Fiji joined the Fund in May 28, 1971—Art VIII; see Fiji's financial position in the Fund
Kiribati joined the Fund in June 03, 1986—Art VIII; see Kiribati's financial position in the Fund
Marshall Islands joined the Fund in May 21, 1992—Art VIII; see Marshall Islands' financial position in the Fund
Micronesia joined the Fund in June 24, 1993—Art VIII; see Micronesia's financial position in the Fund
Palau joined the Fund in December 16, 1997—Art VIII; see Palau's financial position in the Fund
Papua New Guinea joined the Fund in October 09, 1975—Art VIII; see Papua New Guinea's financial position in the Fund
Samoa joined the Fund in December 28, 1971;—Art VIII; see Samoa's financial position in the Fund
Solomon Islands joined the Fund in September 22, 1978—Art VIII; see Solomon Islands' financial position in the Fund
Tonga joined the Fund in September 13, 1985—Art VIII; see Tonga's financial position in the Fund
Tuvalu joined the Fund in June 24, 2010
Vanuatu joined the Fund in September 28, 1981—Art VIII; see Vanuatu's financial position in the Fund

News — Highlights

Asia and Pacific Small States - Raising Potential Growth and Enhancing Resilience to Shocks

February 20, 2013

Pacific Islands and the IMF

Press Release: IMF Executive Board Approves US$8.6 Million Disbursement Under Rapid Credit Facility for Samoa

May 16, 2013

Press Release: IMF Concludes 2013 Article IV Consultation Mission to Vanuatu

April 18, 2013

Kiribati – 2013 Article IV Consultation Concluding Statement of the IMF Mission

April 9, 2013
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.

Press Release: Tuvalu Joins the IMF’s General Data Dissemination System

April 4, 2013

Press Release: IMF Concludes the 2013 Article IV Consultation Mission to the Kingdom of Tonga

March 26, 2013

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Regional Economic Outlook: Asia and Pacific

Growth in the Asia-Pacific region shows signs of improving as extreme risks emanating from advanced economies have receded and domestic demand remains resilient, supported by relatively easy financial conditions and robust labor markets. A small and gradual pick-up in growth to over 5¾ percent is projected in the course of 2013. Risks to the outlook from within the region, such as rising financial imbalances and asset prices in some economies, are coming clearer into focus. Although Asia�s banking and corporate sectors have solid buffers, monetary policymakers should stand ready to respond early and decisively to shifting risks, and macroprudential measures will also have a role to play. In many Asian economies, some fiscal consolidation could also rebuild the space needed to respond to future shocks and preempt potential overheating pressures from capital inflows. In particular, there is a growing need to make tax and spending policies more efficient. To sustain high growth rates and alleviate the �middle-income trap� across Emerging Asia, the policy agenda will vary by jurisdiction but will also often include strengthening infrastructure investment and reforming goods and labor markets.

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Resident Representative for Pacific Islands

Yongzheng Yang
Resident Representative
Tower 7
Reserve Bank of Fiji Building
Pratt Street
GPO Box 172
Suva, Fiji
E-mail: YYANG@IMF.ORG
Tel.: (679) 330 4969

About the IMF
- "Fostering Inclusive Growth and Building Resilience" Samoa, on March 23, 2012
Presentations and Videos
- Press Release: Asia Needs to Navigate the Uncertain Global Environment and Build Inclusive Growth, Says the IMF's Asia-Pacific Regional Economic Outlook
- Presentation: Roberto Cardarelli, Tokyo, Japan
  October 13, 2011
- Presentation: Anoop Singh, Manila, Phillipines
  October 17, 2011
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