Tuvalu : 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu.

Swift implementation of containment measures, limited spillovers from tourism, and COVID-related fiscal spending financed by buoyant fishing revenues and donor grants have allowed Tuvalu-a fragile Pacific micro-state-avoid a recession in 2020. The economy is expected to expand by 2.5 percent in 2021...

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Бібліографічні деталі
Співавтор: International Monetary Fund. Asia and Pacific Dept
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2021.
Серія:IMF Staff Country Reports; Country Report ; No. 2021/176
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Онлайн доступ:Full text available on IMF
Опис
Резюме:Swift implementation of containment measures, limited spillovers from tourism, and COVID-related fiscal spending financed by buoyant fishing revenues and donor grants have allowed Tuvalu-a fragile Pacific micro-state-avoid a recession in 2020. The economy is expected to expand by 2.5 percent in 2021, supported by fiscal expenditures and resumption of infrastructure projects. But significant challenges remain: Tuvalu is vulnerable to the effects of climate change, its economy is dominated by the public sector, and its revenue base is narrow. Uncertainty around donor commitments complicates fiscal planning.
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Фізичний опис:1 online resource (95 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students