Cook Islands: Technical Assistance Report–Macroeconomic, Financial, and Structural Policies

August 28, 2020

Summary

A mission was requested by the New Zealand authorities to the Cook Islands to focus on policy options for transitioning to high-income status, financial sector stability and regulatory framework, and debt sustainability.1 It evaluated these issues in the context of the medium-term outlook and against the context of a recently developed fiscal framework. The Cook Islands is a self-governing territory in free association with New Zealand, but it is not an IMF member (Box 1).

Subject: Economic sectors, Environment, Financial services, Fiscal policy, Natural disasters, Public financial management (PFM), Tourism

Keywords: Australia and New Zealand, cash reserves, Cook Islands economy, Cook Islands superannuation, CR, debt ratio, debt target, economic statistics, economy, Global, ISCR, Natural disasters, net, return on assets, Tourism

Pages:
23
Volume:
2020
DOI:
https://doi.org/10.5089/9781513555775.002
Issue:
269
Series:
Country Report No. 2020/269
Stock No:
1COKEA2020001
ISBN:
9781513555775
ISSN:
1934-7685

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