European Parliament Library

Vanuatu :, 2011 Article IV Consultation: Staff Report; Debt Sustainability Analysis; and Public Information Notice on the Executive Board Discussion

Vanuatu showed signs of a moderate rebound in economic activity owing to its good macroeconomic fundamentals and a supportive international community. Executive Directors encouraged the authorities to tighten monetary policy in response to rising inflation pressures. They emphasized the need to strengthen fiscal buffers to safeguard the hard-earned fiscal soundness. Directors underscored the need to safeguard external buffers by maintaining an adequate level of foreign exchange reserves. They encouraged further efforts to strengthen the regulatory and supervisory framework that covers the whole financial system
Table Of Contents
COVER; CONTENTS; INTRODUCTION; A GRADUAL REBOUND; A. Recent Economic Developments; FIGURES; 1. Economic Developments; B. Outlook and Risks; MANAGING THE REBOUND; 2. Macroeconomic Policy Developments; BOXES; 1. Exchange Rate Assessment; ENHANCING RESILENCE TO SHOCKS; A. Safeguarding Fiscal Soundness; 2. Key Elements of Revenue Mobalization; B. Ensuring an Adequate Level of Foreign Reserves; C. Strengthening Financial Stability; 3. Reserve Adequacy; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, 2006-11; 2. Balance of Payments, 2006-11
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (58 p.)
Specific Material Designation
Form Of Item

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