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240607 ||| eng |
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|a 9798400250491
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245 |
0 |
0 |
|a Tuvalu
|b 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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300 |
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|a 81 pages
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651 |
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4 |
|a Tuvalu
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653 |
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|a Public debt
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653 |
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|a Finance
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653 |
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|a Environmental Economics
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653 |
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|a Public finance & taxation
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653 |
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|a Natural Disasters
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653 |
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|a Climate
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653 |
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|a Debts, Public
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653 |
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|a Exports and Imports
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653 |
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|a International Lending and Debt Problems
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653 |
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|a External debt
|
653 |
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|a International organization
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a International institutions
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653 |
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|a Global Warming
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653 |
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|a International Economics
|
653 |
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|a Econometrics & economic statistics
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653 |
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|a International Agreements and Observance
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653 |
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|a Revenue administration
|
653 |
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|a International Organizations
|
653 |
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|a Natural Disasters and Their Management
|
653 |
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|a Monetary economics
|
653 |
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|a Environment
|
653 |
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|a International agencies
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653 |
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|a Debt Management
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653 |
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|a Debt
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653 |
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|a International economics
|
653 |
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|a Debts, External
|
653 |
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|a Sovereign Debt
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653 |
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|a Taxation, Subsidies, and Revenue: General
|
653 |
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|a Expenditures, Public
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653 |
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|a Monetary policy
|
653 |
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|a Natural disasters
|
653 |
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|a Statistics
|
653 |
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|a Monetary Policy
|
653 |
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|a Public Finance
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653 |
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|a Money and Monetary Policy
|
653 |
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|a Debt sustainability analysis
|
653 |
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|a Revenue
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710 |
2 |
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|a International Monetary Fund
|b Asia and Pacific Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Staff Country Reports
|
028 |
5 |
0 |
|a 10.5089/9798400250491.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2023/267/002.2023.issue-267-en.xml?cid=536777-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a The 2023 Article IV Consultation discusses that a successful vaccination strategy allowed Tuvalu to lift coronavirus disease (COVID) containment measures at the end of 2022, but the economic cost of the pandemic has been significant. Real gross domestic product growth was -4.3 percent in 2020, with at-the-border containment measures leading to delays in much-needed infrastructure projects. Growth is expected to accelerate as the lifting of COVID restrictions leads to the resumption of construction activity, shipping bottlenecks ease and the trade and hospitality sectors recover. Tuvalu is among the countries most vulnerable to the effects of climate change; its remote economy is dominated by the public sector; and its revenue base is narrow, with reliance on donor commitments further complicating fiscal planning. The economic setback due to the pandemic makes addressing these significant structural challenges more difficult. The report recommends promoting fiscal sustainability and building buffers by mobilizing revenues and rationalizing current expenditures
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