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This 2017 Article IV Consultation highlights that Kiribati’s economic fundamentals have strengthened in recent years. Strong fishing revenue improved the fiscal position, strengthened the current account, and boosted business confidence. After registering a double-digit rate in 2015, real GDP growth declined to 1.1 percent in 2016, but is projected to pick up to about 3 percent in 2017 driven by construction and wholesale and retail trade. The authorities have made commendable progress in structural reforms. They have implemented important reforms to improve the governance and management of the Revenue Equalization Reserve Fund and replenished the fund from the cash reserves. Despite a favorable economic outlook, risks to near-term growth are substantial and skewed to the downside.

Kiribati --- 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 --- Economic conditions. --- Exports and Imports --- Macroeconomics --- Public Finance --- Agribusiness --- Environmental Economics --- Debt --- Debt Management --- Sovereign Debt --- Agricultural Markets and Marketing --- Cooperatives --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: General --- Climate --- Natural Disasters and Their Management --- Global Warming --- Public finance & taxation --- Agriculture, agribusiness & food production industries --- International economics --- Climate change --- Agroindustries --- Public debt --- External debt --- Infrastructure --- Economic sectors --- Environment --- Expenditure --- Debts, Public --- Agricultural industries --- Debts, External --- Climatic changes --- Finance, Public