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

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. On top of the pandemic, Tropical Cyclone Harold and a volcanic eruption in Tanna Island caused extensive eco...

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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. 2021/208
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Онлайн доступ:Full text available on IMF
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520 3 |a 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. On top of the pandemic, 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 also lost a key CBR at end-June 2021. Air Vanuatu, one of the state-owned enterprises (SOEs), is in the process of being restructured. 
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