International Monetary Fund

Search
Please send us your feedback

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.

News — Highlights

Subscribe

Prospects and Challenges in the Asia and Pacific Small States

Presentation by the IMF Resident Representative for Pacific Islands, South Pacific Govenors Meeting, December 4-6, 2014 click for more

IMF Asia & Pacific Small States Monitor

Quarterly Bulletin; Issue 03/2014; October, 2014 click for more

IMF Pledges Continued Commitment to Partner with Small Island Developing States in their Pursuit of Sustainable Economic Development

September 3, 2014 click for more

Asia & Pacific Small States Monitor

Quarterly Bulletin; Issue 02/2014; August 18, 2014 click for more

Presentation: In Search of a Pacific Model of Growth

June 17, 2014 click for more

Click for More click for more

Pacific Islands and the IMF

Papua New Guinea: Selected Issues Paper

December 2, 2014
Series: Country Report No. 14/326 click for more

Papua New Guinea: 2014 Article IV Consultation-Staff Report; Press Release

December 2, 2014
Series: Country Report No. 14/325 click for more

50th SEACEN Governors’ Conference, Address by Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund

November 20, 2014

Press Release: The Federated States of Micronesia Begins Participation in the IMF’s General Data Dissemination System

November 13, 2014

Republic of Fiji: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Republic of Fiji

November 12, 2014
Series: Country Report No. 14/321 click for more

Click for More click for more

Regional Economic Outlook: Asia and Pacific

image from the publication cover

Despite a weaker-than-expected first half of the year, the outlook for the Asia and Pacific region remains solid. The ongoing global recovery, while tepid, should support Asia's exports. Meanwhile, favorable financial and labor market conditions, as well as broadly accommodative policies, will continue to underpin domestic demand. GDP is forecast to grow by 5.5 percent for the third consecutive year in 2014, rising slightly to 5.6 percent in 2015. Financial dislocations associated with higher global interest rates, and protracted weak growth in advanced and emerging market economies are the main downside risks to the outlook. A sharper-than-anticipated downturn in China's real estate sector and less-effective-than-envisaged Abenomics in Japan would also adversely affect regional growth prospects. Geopolitical tensions could also disrupt trade and financial flows, with adverse effects on growth. Policymakers in the region should capitalize on the outlook to gradually rebuild policy space and push ahead with structural reforms to deliver sustainable growth. While there is no one-size-fits-all approach, fiscal consolidation should generally continue in a calibrated manner, especially where debt levels are higher, and monetary normalization should proceed particularly where inflation pressures are high or building up. Click for more