Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru

November 28, 2023

Preview Citation

Format: Chicago

Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru, (USA: International Monetary Fund, 2023) accessed October 6, 2024

Summary

Nauru faces structural challenges due to its small size and remoteness, and is highly dependent on imports. The narrow revenue base comprises fishing license fees, residual phosphate processing, and revenue from the Regional Processing Center (RPC). Nauru is vulnerable to the negative effects of climate change, as the population inhabit in a narrow coastal area. The health and economic impact of the pandemic has been limited in Nauru, thanks to successful vaccination and containment strategies

Subject: Economic and financial statistics, Expenditure, External sector statistics, Financial services, International organization, Monetary policy, Public debt, Revenue administration

Keywords: Australia and New Zealand, External sector statistics, Global, IMF staff representative, Joint statement, NA statistics, Nauru agency, Pacific Islands, Staff appraisal

Publication Details

Pages:

84
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2023/376
Stock No:

1NRUEA2023001
ISBN:

9798400259678
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports