1.

Record Nr.

UNINA9910154898303321

Titolo

Tuvalu : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-4404-9

1-4755-4409-X

Descrizione fisica

1 online resource (68 pages) : illustrations, tables, graphs

Collana

IMF Staff Country Reports

Disciplina

551.6

Soggetti

Economic development - Tuvalu

Climatic changes - Tuvalu

Exports and Imports

Macroeconomics

Public Finance

Agribusiness

Environmental Economics

Budgeting

International Lending and Debt Problems

Climate

Natural Disasters and Their Management

Global Warming

Debt

Debt Management

Sovereign Debt

National Government Expenditures and Related Policies: General

Nonprofit Organizations and Public Enterprise: General

Public finance & taxation

International economics

Climate change

Public ownership

nationalization

Public debt

External debt

Public enterprises

Public and publicly-guaranteed external debt

Environment

Economic sectors

Public financial management (PFM)



Debts, External

Climatic changes

Debts, Public

Finance, Public

Government business enterprises

Nationalization

Tuvalu

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that the macroeconomic outlook for Tuvalu is stable. Real GDP growth in 2015 is estimated at 2.6 percent and is projected to rise to 4 percent in 2016 owing to several large infrastructure projects and recovery spending following Cyclone Pam. Inflation remained steady in 2015 at 3.2 percent. The fiscal position is expected to turn into a small deficit in 2016 and is projected to remain in deficit over the medium term. Risks to the outlook relate to the effects of climate change, volatility in fishing revenues, and volatile global financial conditions, which could affect distributions to the budget from the Tuvalu Trust Fund.