Vanuatu : 2002 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vanuatu

Author/Editor:

International Monetary Fund

Publication Date:

December 11, 2002

Electronic Access:

Free Full Text (PDF file size is 1852 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2002 Article IV Consultation highlights that despite frequent shocks and an uncertain policy environment in Vanuatu, macroeconomic stability has been maintained. Real GDP growth was 2½ percent in 2000 owing to an agriculture-led recovery. However, the economy contracted by 2 percent in 2001, owing to the effects of several major cyclones and a global downturn in agriculture and tourism. Inflation remained subdued, increasing from 2½ percent in 2000 to 3¾ percent in 2001. The current account surplus declined from 2 percent of GDP in 2000 to ¾ percent in 2001.

Series:

Country Report No. 02/265

Subject:

English

Publication Date:

December 11, 2002

ISBN/ISSN:

9781451840490/1934-7685

Stock No:

1VUTEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

50

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