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Kiribati: Recent Economic Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1999: Issue 079
Language:
English
Publication Date:
29 Jun 2000
DOI:
https://doi.org/10.5089/9781451821895.002
ISBN:
9781451821895
ISSN:
1934-7685
Pages:
46
Keywords:
ISCR; CR; Kiribati; Kiribati authorities; enterprise; balance
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Kiribati is a country in the central Pacific Ocean and one of the least-developed Pacific island economies. A large share of imports and government spending is financed from external grants and fishing license fees. The key policy development has been the adoption of a medium-term strategy, which focuses on reducing the role of the public sector to promote the development of the private sector. The improvement in the current and capital account balances has led to an increase in the overall balance.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund