Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu
IMF Staff Country Reports, September 14, 2021
Source details
- Canonical URL
- Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu
Other formats
Bibliographic details
- Published: September 14, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513597171.002
Overview and economic impact
- Border closures and other pandemic containment measures have kept Vanuatu free from COVID-19.
- Pandemic containment measures have dealt a heavy blow to economic activity as tourism has come to a virtual halt.
- Tropical Cyclone Harold and a volcanic eruption in Tanna Island caused extensive economic damage in 2020.
- In the context of a continued loss of correspondent banking relationships (CBRs) in the Pacific, Vanuatu lost a key CBR at end-June 2021.
- Air Vanuatu, one of the state-owned enterprises (SOEs), is in the process of being restructured.
Major themes and policy areas covered
- Anti-money laundering and combating the financing of terrorism (AML/CFT)
- Crime
- Economic and financial statistics
- Environment
- External debt
- External sector statistics
- International organization
- Monetary policy
- Natural disasters
- Public debt
Keywords and focal points
- Anti-money laundering and combating the financing of terrorism (AML/CFT)
- authorities in Vanuatu
- External sector statistics
- Global
- liability positions vis-à-vis nonresident
- money market rate
- Natural disasters
- Pacific Islands
- Vanuatu authorities
- Vanuatu economy
Document metadata (as presented on the landing page)
- Publication date: September 14, 2021
- Pages: 95
- Series: Country Report No. 2021/208
- Issue: 208
- DOI: https://doi.org/10.5089/9781513597171.002
- Stock No: 1VUTEA2021002
- ISBN: 9781513597171
- ISSN: 1934-7685
Source: Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu (September 14, 2021).
Content in this bundle
- VANUATU — IMF Staff Report