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Kiribati : 2013 Article IV consultation.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, ©2013.
Series: IMF country report, no. 13/158.
Edition/Format:   eBook : Document : International government publication : English
Summary:
Kiribati is one of the poorest and most remote microstates in the Pacific. It is highly dependent on volatile fishing license fees, remittances, and donor assistance. The challenge is to implement fiscal and structural reforms to help ensure fiscal sustainability, promote private sector development, and increase its resilience to external shocks. Fully using its marine potential beyond fishing license fees will help  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.
ISBN: 1484350502 9781484350508 1484392906 9781484392904 1484350499 9781484350492
ISSN:2227-8907
OCLC Number: 847247090
Language Note: English.
Notes: Title from PDF title page (IMF Web site, viewed June 7, 2013).
"June 2013."
"May 14, 2013"--Page 2 of pdf.
Description: 1 online resource (55 pages) : color illustrations.
Contents: Cover; CONTENTS; BACKGROUND; OUTLOOK; POLICIES TO ACHIEVE FISCAL SUSTAINABILITY AND PROMOTE LONG-TERM GROWTH; A. Fiscal Policy; BOXES; 1. Restoring Fiscal Sustainability; B. State-owned Enterprises Reforms; C. Increasing Private Sector Growth Opportunities; 2. Utilizing Fishing Resources; 3. Supporting Private Sector Growth; D. Financial Sector; E. External Competiveness and Exchange Rate Assessment; STAFF APPRAISAL; APPENDIX; RISK ASSESSMENT MATRIX; FIGURES; 1. The Setting in a Cross-Country Context; 2. Fiscal Dynamics; TABLES; 1. Selected Economic Indicators, 2009-14. 2. Summary of Central Government Operations, 2009-183. Kiribati: Medium-Term Projections, 2010-18; 4. Kiribati: Balance of Payments, 2009-18; 5. Kiribati: Summary of Central Government Under Different Scenarios, 2010-33; CONTENTS; FUND RELATIONS; RELATIONS WITH THE PACIFIC FINANCIAL TECHNICAL ASSISTANCE CENTRE; BANK-FUND COLLABORATION; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES; STAFF REPORT FOR THE 2013 ARTICLE IV CONSULTATION-DEBT SUSTAINABILITY ANALYSIS; Background; Box; Box 1: Macroeconomic Assumptions Under the Baseline Scenario; Conclusions; Figures. Figure 1. Indicators of Public and Publicly Guaranteed External Debt Under Alternatives Scenarios, 2013-33 1Figure 2. Indicators of Public Debt Under Alternative Scenarios, 2013-33 1; Tables; Table 1. Public Sector Debt Sustainability Framework, Baseline Scenario, 2010-2033; Table 2. Sensitivity Analysis for Key Indicators of Public Debt 2013-33; Table 3a. External Debt Sustainability Framework, Baseline Scenario, 2010-33 1; Table 3b. Sensitivity Analysis for Key Indicators of Public and Publicly Guaranteed External Debt, 2013-33.
Series Title: IMF country report, no. 13/158.
Other Titles: Kiribati, 2013 Article IV consultation, staff report; informational annex, debt sustainability analysis, public information notice on the Executive Board discussion and statement by the Executive Director for Kiribati
Kiribati, staff report for the 2013 Article IV consultation

Abstract:

Kiribati is one of the poorest and most remote microstates in the Pacific. It is highly dependent on volatile fishing license fees, remittances, and donor assistance. The challenge is to implement fiscal and structural reforms to help ensure fiscal sustainability, promote private sector development, and increase its resilience to external shocks. Fully using its marine potential beyond fishing license fees will help to improve fiscal revenues and growth opportunities. More generally, private sector development is critical for both increasing growth and reducing fiscal pressures.

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