Description |
1 online resource : color illustrations |
Series |
IMF country report ; no. 09/199 |
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IMF country report ; no. 09/199.
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Contents |
Cover; Contents; Executive Summary; I. Introduction; II. Economic Background and Outlook; A. Recent Developments; B. Outlook and Risks; C. External Stability, Exchange Rate, and Competitiveness; III. Policies to Promote Sustainable Growth; A. Fiscal Policy and RERF Drawdowns; B. Strategy to Enhance the Role of the Private Sector; C. Financial Sector Issues; IV. Staff Appraisal; Boxes; 1. Revenue Equalization Reserve Fund; 2. Impact of the Global Financial Turmoil and Slowdown on Kiribati; 3. Pacific Island Reform Successes; Figures; 1. Comparative Chart with Other Pacific Island Countries |
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2. Output, Prices, and Exchange Rates, 1992-20083. Central Government Budget, 1992-2008; 4. Indicators of Investment Climate; Tables; 1. Selected Economic Indicators, 2004-09; 2. Summary of Central Government Operations, 2004-09; 3. Balance of Payments, 2004-09; 4. Medium-Term Projections, 2007-14; 5. Social Indicators; Appendix; Medium-Term Projections; Contents; I. Fund Relations; II. Relations with the Pacific Financial Technical Assistance Centre; III. Relations with the World Bank Group; IV. Relations with the Asian Development Bank; V. Statistical Issues |
Summary |
1. The geography of Kiribati poses significant challenges, but also offers substantial opportunities. Kiribati has a population of around 100,000, nearly half of which live densely concentrated in Tarawa and the remainder widely dispersed on low lying atolls in around 3 1/2 million square kilometers of the equatorial Pacific Ocean. Like other Pacific island nations, Kiribati is far from major markets and has a shallow economic base. Production and exports are limited to copra, seaweed, and fish and much of the population (particularly on outer islands) lives a subsistence lifestyle. The public sector dominates the economy and external grants amount to around 60 percent of GDP (Figure 1). Kiribati is also one of the most vulnerable countries in the world to sea level rise. However, the geography also provides key sources of sustainable revenue. Fishing license fees, remittances from Kiribati seamen, and revenues from the trust fund (derived from phosphate up to 1979) already provide substantial revenue sources |
Notes |
Cover title |
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"June 2009." |
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English |
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Print version record |
Subject |
International Monetary Fund -- Kiribati
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SUBJECT |
International Monetary Fund fast |
Subject |
Foreign exchange rates -- Kiribati
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Competition -- Kiribati
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Fiscal policy -- Kiribati
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Competition
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Economic history
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Economic policy
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Fiscal policy
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Foreign exchange rates
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SUBJECT |
Kiribati -- Economic policy
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Kiribati -- Economic conditions
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Subject |
Kiribati
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Form |
Electronic book
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Author |
International Monetary Fund.
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ISBN |
1280886382 |
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9781280886386 |
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1462392768 |
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9781462392766 |
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1452787786 |
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9781452787787 |
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1451883188 |
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9781451883183 |
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9786613727695 |
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6613727695 |
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