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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Korporativní autor: International Monetary Fund. Asia and Pacific Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2021.
Edice:IMF Staff Country Reports; Country Report ; No. 2021/176
Témata:
On-line přístup:Full text available on IMF
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520 3 |a 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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