01808cas a2200241 a 4500 AALejournalIMF017163 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475543926 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Tuvalu : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (67 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/323 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/323/002.2016.issue-323-en.xml IMF e-Library