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This 2016 Article IV Consultation highlights that Kiribati’s recent economic performance has been strong. Growth is estimated to have reached 3.5 percent in 2015, supported by record-high fishing revenue, donor-financed infrastructure projects, and reconstruction in the aftermath of cyclone Pam. The fiscal position has improved markedly in recent years. High fishing revenue contributed to a recurrent fiscal balance of almost 50 percent of GDP in 2015, more than offsetting the increase in recurrent government spending of 13 percent. Growth is projected to moderate somewhat to about 3 percent in 2016, while inflation remains subdued owing to low food and commodity prices.

International Monetary Fund. --- International Monetary Fund --- Fiscal policy --- Kiribati --- Economic conditions. --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Government policy --- Republic of Kiribati --- Кірыбаці --- Kirybatsi --- Рэспубліка Кірыбаці --- Rėspublika Kirybatsi --- Ribaberikin Kiribati --- Republika Kiribati --- Кирибати --- Република Кирибати --- República de Kiribati --- Gweriniaeth Kiribati --- Republikken Kiribati --- Kílíbas --- Kiribati Vabariik --- Κιριμπάτι --- Kirimpati --- Δημοκρατία του Κιριμπάτι --- Dēmokratia tou Kirimpati --- Kiribato --- Kiribatiko Errepublika --- République des Kiribati --- République de Kiribati --- Kiribaty --- Chiribati --- Pobblaght ny Kiribati --- Ciriobataidh --- Jamhuri ya Kiribati --- Kiribès --- Kiribati Republika --- Kiribatis --- Kiribačio Respublika --- Kiribati Köztársaság --- Quiribati --- Tlācatlahtohcāyōtl Quiribati --- Kiribat --- Republiek Kiribati --- キリバス --- Kiribasu --- キリバス共和国 --- Kiribasu Kyōwakoku --- Kiribaati --- Kiribati Respublikasi --- Kiribas --- República do Kiribati --- Republica Kiribati --- Республика Кирибати --- Respublika Kiribati --- Kilibati --- Kiribatská republika --- Kiribatin tasavalta --- Republiken Kiribati --- Republika ng Kiribati --- Kiribati Cumhuriyeti --- Кірибаті --- Kirybati --- Республіка Кірибаті --- Respublika Kirybati --- Cộng hòa Kiribati --- Kiribatuäns --- Republika han Kiribati --- Republik bu Kiribati --- Kėrėbatis --- Kėrėbatė Respoblėka --- 基里巴斯 --- Jilibasi --- 吉里巴斯共和國 --- Jilibasi Gongheguo --- Jilibasi gong he guo --- Independent and Sovereign Republic of Kiribati --- Ribaberiki Kiribati --- Onafhanklike en soewereine Republiek van Kiribati --- Gilbert Islands --- Exports and Imports --- Macroeconomics --- Public Finance --- Agribusiness --- Environmental Economics --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Climate --- Natural Disasters and Their Management --- Global Warming --- Agricultural Markets and Marketing --- Cooperatives --- Investment --- Capital --- Intangible Capital --- Capacity --- Public finance & taxation --- International economics --- Climate change --- Agriculture, agribusiness & food production industries --- External debt --- Agroindustries --- Public debt --- Budget planning and preparation --- Environment --- Economic sectors --- Government finance statistics --- Economic and financial statistics --- Debts, External --- Debts, Public --- Climatic changes --- Agricultural industries --- Saving and investment