01877cas a2200241 a 4500 AALejournalIMF018141 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484333907 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Kiribati : 2017 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (54 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 2017 Article IV Consultation highlights that Kiribati's economic fundamentals have strengthened in recent years. Strong fishing revenue improved the fiscal position, strengthened the current account, and boosted business confidence. After registering a double-digit rate in 2015, real GDP growth declined to 1.1 percent in 2016, but is projected to pick up to about 3 percent in 2017 driven by construction and wholesale and retail trade. The authorities have made commendable progress in structural reforms. They have implemented important reforms to improve the governance and management of the Revenue Equalization Reserve Fund and replenished the fund from the cash reserves. Despite a favorable economic outlook, risks to near-term growth are substantial and skewed to the downside. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/386 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/386/002.2017.issue-386-en.xml IMF e-Library