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This 2009 Article IV Consultation highlights that inflation in Kiribati increased to about 19 percent by end-2008, largely reflecting higher food prices. The current account deficit was broadly unchanged in 2008. Structural reforms are under way, although the pace has been limited by capacity constraints. Executive Directors have welcomed the recent improvement in economic activity. They have also welcomed the planned review and reform of public enterprises as critical to promoting private sector development, and to boosting the growth potential.

Economic development. --- Finance. --- International finance. --- International Monetary Fund. --- Exports and Imports --- Macroeconomics --- Public Finance --- Agribusiness --- Industries: Financial Services --- Taxation, Subsidies, and Revenue: General --- National Government Expenditures and Related Policies: General --- International Lending and Debt Problems --- Public Enterprises --- Public-Private Enterprises --- Aggregate Factor Income Distribution --- Public finance & taxation --- International economics --- Civil service & public sector --- Revenue administration --- Expenditure --- External debt --- Public sector --- Income --- Economic sectors --- National accounts --- Revenue --- Expenditures, Public --- Debts, External --- Finance, Public --- Kiribati