Resident Representative Office in the Pacific Islands
This web page presents information about the work of the IMF in Pacific Islands Countries, including the activities of the IMF Regional Resident Representative Office based in Suva, Fiji. Additional information can be found on the IMF country pages for Fiji, Kiribati, Marshall Islands, Micronesia, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu, including IMF reports and Executive Board documents that deal with issues in Pacific Island Countries.
News — Highlights
Pacific Island Countries (PICs): Key Macro Challenges and Linkages to the Technical Assistance (TA) Program
IMF Pledges Continued Commitment to Partner with Small Island Developing States in their Pursuit of Sustainable Economic Development
Pacific Islands and the IMF
Federated States of Micronesia: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Federated States of Micronesia
May 15, 2015
Series: Country Report No. 15/128
Press Release: IMF Executive Board Concludes 2015 Article IV Consultation with the Federated States of Micronesia
April 30, 2015
Series: Country Report No. 15/107
Press Release: IMF Concludes Article IV Mission to Vanuatu and Reaches Staff-level Agreement on Financial Assistance Under Rapid Credit Facility and Rapid Financing Instrument
Regional Economic Outlook: Asia and Pacific
The economic outlook for Asia and Pacific is stable and robust, with growth expected to hold steady at 5.6 percent in 2015, easing slightly to 5.5 percent in 2016, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 7, 2015.
Although Asia will remain the global growth leader, vulnerabilities associated with increased domestic and foreign debt are rising. Potential growth is likely to slow, reflecting weaker productivity gains, and the effects of aging populations and infrastructure bottlenecks in some countries.
The report finds that monetary and fiscal policy settings are broadly appropriate, but boosting resilience and potential growth remain top priorities, with structural reforms continuing to play a big role. The report also explores Asia's role in global value chains and the factors affecting financial integration within Asia.