Vanuatu 2002 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Vanuatu
This 2002 Article IV Consultation highlights that despite frequent shocks and an uncertain policy environment in Vanuatu, macroeconomic stability has been maintained. Real GDP growth was 2 1\2 percent in 2000 owing to an agriculture-led recovery. However, the economy contracted by 2 percent in 2001,...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
2002
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| Series: | IMF Staff Country Reports
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This 2002 Article IV Consultation highlights that despite frequent shocks and an uncertain policy environment in Vanuatu, macroeconomic stability has been maintained. Real GDP growth was 2 1\2 percent in 2000 owing to an agriculture-led recovery. However, the economy contracted by 2 percent in 2001, owing to the effects of several major cyclones and a global downturn in agriculture and tourism. Inflation remained subdued, increasing from 2 1\2 percent in 2000 to 3 3/4 percent in 2001. The current account surplus declined from 2 percent of GDP in 2000 to 3/4 percent in 2001 |
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| Physical Description: | 50 pages |
| ISBN: | 9781451840490 |