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Tuvalu : 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tuvalu.
Authors: ---
ISBN: 1462361374 1455252875 1283570998 9786613883445 1455246832 Year: 2011 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Recent economic developments of Tuvalu were discussed. Major construction projects to build a wharf and a power station have been completed, and seafarer employment—Tuvalu’s main foreign exchange earning source for the private sector—is weak. The Consolidated Investment Fund (CIF) available for budget financing will be depleted. Freezing wages and reducing travel costs will also be important. Improvements in the banking sector and credit culture will help to support private-sector development. Executive Directors agreed to ensure fiscal sustainability.

Keywords

Economic indicators --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Tuvalu --- État des Tuvalu --- Tʼoobááloo --- Touvalou --- Tsubaru --- Tubalu --- Tubaru --- Tubhalu --- Tufalu --- Tuvalmudin Orn --- Tuvalo --- Tuvaluäns --- Túvalúeyjar --- Tuvaru --- Tuwalu --- Tuwaluu --- Twfalw --- Τουβαλού --- Тувалу --- Тувалмудин Орн --- טובאלו --- ツバル --- 圖瓦盧 --- 투발루 --- Ellice Islands (Gilbert and Ellice Islands Colony) --- Economic policy. --- Economic conditions. --- Banks and Banking --- Labor --- Macroeconomics --- Public Finance --- Statistics --- Money and Monetary Policy --- Nonprofit Organizations and Public Enterprise: General --- National Government Expenditures and Related Policies: General --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Aggregate Factor Income Distribution --- Public finance & taxation --- Public ownership --- nationalization --- Labour --- income economics --- Econometrics & economic statistics --- Public enterprises --- Public debt --- Expenditure --- Capital spending --- Income --- Economic sectors --- National accounts --- Government business enterprises --- Debts, Public --- Expenditures, Public --- Capital investments --- Income economics --- Nationalization

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