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Vanuatu : 2011 Article IV consultation : staff report, debt sustainability analysis, and public information notice on the Executive Board discussion

Author: International Monetary Fund. Asia and Pacific Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2011.
Series: IMF country report, no. 11/120.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Vanuatu showed signs of a moderate rebound in economic activity owing to its good macroeconomic fundamentals and a supportive international community. Executive Directors encouraged the authorities to tighten monetary policy in response to rising inflation pressures. They emphasized the need to strengthen fiscal buffers to safeguard the hard-earned fiscal soundness. Directors underscored the need to safeguard  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. Asia and Pacific Department.
ISBN: 9781462391981 1462391982
OCLC Number: 747820575
Description: 1 online resource (57 pages).
Contents: COVER; CONTENTS; INTRODUCTION; A GRADUAL REBOUND; A. Recent Economic Developments; FIGURES; 1. Economic Developments; B. Outlook and Risks; MANAGING THE REBOUND; 2. Macroeconomic Policy Developments; BOXES; 1. Exchange Rate Assessment; ENHANCING RESILENCE TO SHOCKS; A. Safeguarding Fiscal Soundness; 2. Key Elements of Revenue Mobalization; B. Ensuring an Adequate Level of Foreign Reserves; C. Strengthening Financial Stability; 3. Reserve Adequacy; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2006-11; 2. Balance of Payments, 2006-11. 3. Central Government Fiscal Operations, 2006-114. Monetary Survey, 2004-10; 5. Medium-Term Baseline Scenario, 2006-16; 6. Social Indicators; 7. Vulnerability Indicators, 2006-11; 8. Millennium Development Goals; CONTENTS; I. FUND RELATIONS; II. RELATIONS WITH THE PACIFIC FINANCIAL TECHNICAL ASSISTANCE CENTER; III. BANK-FUND COUNTRY TEAM CONSULTATIONS; IV. RELATIONS WITH THE ASIAN DEVELOPMENT BANK; V. STATISTICAL ISSUES.
Series Title: IMF country report, no. 11/120.
Other Titles: Vanuatu, 2011 Article IV consultation
Responsibility: the Asia and Pacific Dept., in consultation with other departments.
More information:

Abstract:

Vanuatu showed signs of a moderate rebound in economic activity owing to its good macroeconomic fundamentals and a supportive international community. Executive Directors encouraged the authorities to tighten monetary policy in response to rising inflation pressures. They emphasized the need to strengthen fiscal buffers to safeguard the hard-earned fiscal soundness. Directors underscored the need to safeguard external buffers by maintaining an adequate level of foreign exchange reserves. They encouraged further efforts to strengthen the regulatory and supervisory framework that covers the wh.

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