Vanuatu: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Alternate Executive Director for Vanuatu
May 27, 2009
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The staff report for Vanuatu’s 2009 Article IV Consultation discusses economic developments and policies. Vanuatu is well placed to take countercyclical measures should growth slow more than expected. Although close monitoring of banks is necessary given the rapid growth in the private sector credit last year, the wide differential in policy rates between Vanuatu and its major trading partners suggest that there is some scope for monetary easing if things deteriorate more than expected.
Subject: Budget planning and preparation, Credit, Expenditure, External debt, Money, Public debt, Public financial management (PFM)
Keywords: aid inflow, Australia and New Zealand, Budget planning and preparation, consumer finance sector, core inflation, CR, Credit, development expenditure, economy, Europe, financing construction sector activity, Global, inflation experience, ISCR, MCA disbursement, ni-Vanuatu authorities, Pacific Islands, Vanuatu, Vanuatu authorities
Pages:
60
Volume:
2009
DOI:
Issue:
166
Series:
Country Report No. 2009/166
Stock No:
1VUTEA2009001
ISBN:
9781451840599
ISSN:
1934-7685
