Vanuatu: Selected Issues and Statistical Appendix
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Summary:
This Selected Issues paper analyzes fiscal management and strategy for growth for Vanuatu. It presents an overview of recent fiscal policy and outcomes. The main structural changes in the financial sector since independence in 1980 are discussed. The paper highlights some key features common to most Pacific Island countries’ financial systems. It concludes that despite the recovery from the 1998 financial crisis, the financial system needs further reforms to promote private sector-led development in the medium term.
Series:
Country Report No. 2005/121
Subject:
Bank deposits Banking Commercial banks Financial crises Financial institutions Financial services Nonbank financial institutions Offshore financial centers
English
Publication Date:
March 31, 2005
ISBN/ISSN:
9781451840551/1934-7685
Stock No:
1VUTEA2005001
Pages:
52
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