Vanuatu : 2006 Article IV Consultation; Staff Report; and Public Information Notice on the Executive Board Discussion.

This 2006 Article IV Consultation highlights that following two years of contraction, output growth in Vanuatu recovered beginning in 2003, spurred by stronger performance in construction and a pickup in tourist arrivals. Growth reached 7 percent in 2005 and an estimated 5 1\2 percent in 2006, well...

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Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2007.
Cyfres:IMF Staff Country Reports; Country Report ; No. 2007/092
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:This 2006 Article IV Consultation highlights that following two years of contraction, output growth in Vanuatu recovered beginning in 2003, spurred by stronger performance in construction and a pickup in tourist arrivals. Growth reached 7 percent in 2005 and an estimated 5 1\2 percent in 2006, well above the average for Pacific island countries. The overall external balance has benefited from rising foreign direct investment, aid, and private capital inflows, with reserves increasing to more than 7 months of imports. If good macroeconomic policies continue and political stability is maintained, near-term prospects are positive.
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Disgrifiad Corfforoll:1 online resource (47 pages)
Fformat:Mode of access: Internet
ISSN:1934-7685
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students