{
  "title": "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",
  "publication": "IMF Staff Country Reports, December 11, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/vanuatu-2002-article-iv-consultation-staff-report-staff-statement-public-information-notice-16223",
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  "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.",
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    {
      "heading": "Macroeconomic overview and recent performance",
      "content": "- Despite frequent shocks and an uncertain policy environment in Vanuatu, macroeconomic stability has been maintained.\n- Real GDP growth was 2½ percent in 2000, driven by an agriculture-led recovery.\n- The economy contracted by 2 percent in 2001, owing to the effects of several major cyclones and a global downturn in agriculture and tourism.\n- Inflation increased from 2½ percent in 2000 to 3¾ percent in 2001.\n- The current account surplus declined from 2 percent of GDP in 2000 to ¾ percent in 2001."
    },
    {
      "heading": "Key thematic areas covered",
      "content": "- Budget planning and preparation\n- Expenditure\n- External debt\n- Financial services\n- Offshore financial centers\n- Public debt\n- Public financial management (PFM)"
    },
    {
      "heading": "Keywords and analytic focus",
      "content": "- broad money growth\n- Budget planning and preparation\n- CR\n- data provision\n- Global\n- government\n- government financing needs\n- ISCR\n- Offshore financial centers\n- Pacific Islands\n- reserve bank of Vanuatu\n- staff appraisal\n- Vanuatu authorities\n\n---\n\n Content in this bundle\n\n- cr02265\n  - cr02265 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr02265 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 11, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451840490.002",
    "Despite frequent shocks and an uncertain policy environment in Vanuatu, macroeconomic stability has been maintained.",
    "Real GDP growth was 2½ percent in 2000, driven by an agriculture-led recovery.",
    "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 increased 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.",
    "broad money growth",
    "CR",
    "data provision",
    "Global",
    "government",
    "government financing needs",
    "ISCR",
    "Pacific Islands",
    "reserve bank of Vanuatu",
    "staff appraisal",
    "Vanuatu authorities",
    "**_cr02265**"
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