{
  "title": "Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu",
  "publication": "IMF Staff Country Reports, September 14, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/09/14/vanuatu-2021-article-iv-consultation-press-release-staff-report-and-statement-by-the-465820",
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  "summary": "Border closures and other pandemic containment measures have kept Vanuatu free from COVID-19. However, they have dealt a heavy blow to economic activity as tourism has come to a virtual halt.",
  "sections": [
    {
      "heading": "Overview and economic impact",
      "content": "- Border closures and other pandemic containment measures have kept Vanuatu free from COVID-19.\n- Pandemic containment measures have dealt a heavy blow to economic activity as tourism has come to a virtual halt.\n- Tropical Cyclone Harold and a volcanic eruption in Tanna Island caused extensive economic damage in 2020.\n- In the context of a continued loss of correspondent banking relationships (CBRs) in the Pacific, Vanuatu lost a key CBR at end-June 2021.\n- Air Vanuatu, one of the state-owned enterprises (SOEs), is in the process of being restructured."
    },
    {
      "heading": "Major themes and policy areas covered",
      "content": "- Anti-money laundering and combating the financing of terrorism (AML/CFT)\n- Crime\n- Economic and financial statistics\n- Environment\n- External debt\n- External sector statistics\n- International organization\n- Monetary policy\n- Natural disasters\n- Public debt"
    },
    {
      "heading": "Keywords and focal points",
      "content": "- Anti-money laundering and combating the financing of terrorism (AML/CFT)\n- authorities in Vanuatu\n- External sector statistics\n- Global\n- liability positions vis-à-vis nonresident\n- money market rate\n- Natural disasters\n- Pacific Islands\n- Vanuatu authorities\n- Vanuatu economy"
    },
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      "content": "- Publication date: September 14, 2021\n- Pages: 95\n- Series: Country Report No. 2021/208\n- Issue: 208\n- DOI: https://doi.org/10.5089/9781513597171.002\n- Stock No: 1VUTEA2021002\n- ISBN: 9781513597171\n- ISSN: 1934-7685\n\nSource: Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu (September 14, 2021).\n\n---\n\n Content in this bundle\n\n- VANUATU — IMF Staff Report\n  - VANUATU — IMF Staff Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - VANUATU — IMF Staff Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 14, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513597171.002",
    "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.",
    "authorities in Vanuatu",
    "Global",
    "liability positions vis-à-vis nonresident",
    "money market rate",
    "Pacific Islands",
    "Vanuatu authorities",
    "Vanuatu economy",
    "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",
    "**VANUATU — IMF Staff Report**"
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