Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018
The DSA concludes that Tuvalu remains at a high risk of debt distress, in line with the 2016 DSA conclusion. External debt has breached several thresholds as of 2017, including for the present value of debt-to-GDP. Risks to debt sustainability rema...
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Online Access: | http://documents.worldbank.org/curated/en/966531539633399520/Tuvalu-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update http://hdl.handle.net/10986/30908 |
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okr-10986-309082021-05-25T09:19:37Z Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 International Development Association International Monetary Fund PUBLIC SECTOR DEBT CURRENT ACCOUNT DEFICIT GRACE AND MATURITY PERIOD INTEREST RATE DEBT SUSTAINABILITY DEBT BURDEN EXTERNAL DEBT FISCAL TRENDS MACROECONOMIC POLICY TERMS OF TRADE The DSA concludes that Tuvalu remains at a high risk of debt distress, in line with the 2016 DSA conclusion. External debt has breached several thresholds as of 2017, including for the present value of debt-to-GDP. Risks to debt sustainability remain high due to elevated current spending, a projected decline in fishing revenue and grants, and risks of natural disasters. A persistent fiscal deficit is projected to deplete fiscal buffers and cause the present value of debt-to-GDP to breach its indicative threshold in the long run. This underscores the importance of containing the fiscal deficit and maintaining buffers. 2018-11-28T15:31:14Z 2018-11-28T15:31:14Z 2018-10-01 Report http://documents.worldbank.org/curated/en/966531539633399520/Tuvalu-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update http://hdl.handle.net/10986/30908 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Debt and Creditworthiness Study East Asia and Pacific Tuvalu |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
PUBLIC SECTOR DEBT CURRENT ACCOUNT DEFICIT GRACE AND MATURITY PERIOD INTEREST RATE DEBT SUSTAINABILITY DEBT BURDEN EXTERNAL DEBT FISCAL TRENDS MACROECONOMIC POLICY TERMS OF TRADE |
spellingShingle |
PUBLIC SECTOR DEBT CURRENT ACCOUNT DEFICIT GRACE AND MATURITY PERIOD INTEREST RATE DEBT SUSTAINABILITY DEBT BURDEN EXTERNAL DEBT FISCAL TRENDS MACROECONOMIC POLICY TERMS OF TRADE International Development Association International Monetary Fund Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
geographic_facet |
East Asia and Pacific Tuvalu |
description |
The DSA concludes that Tuvalu remains at
a high risk of debt distress, in line with the 2016 DSA
conclusion. External debt has breached several thresholds as
of 2017, including for the present value of debt-to-GDP.
Risks to debt sustainability remain high due to elevated
current spending, a projected decline in fishing revenue and
grants, and risks of natural disasters. A persistent fiscal
deficit is projected to deplete fiscal buffers and cause the
present value of debt-to-GDP to breach its indicative
threshold in the long run. This underscores the importance
of containing the fiscal deficit and maintaining buffers. |
format |
Report |
author |
International Development Association International Monetary Fund |
author_facet |
International Development Association International Monetary Fund |
author_sort |
International Development Association |
title |
Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
title_short |
Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
title_full |
Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
title_fullStr |
Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
title_full_unstemmed |
Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018 |
title_sort |
tuvalu : joint bank-fund debt sustainability analysis, 2018 |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/966531539633399520/Tuvalu-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update http://hdl.handle.net/10986/30908 |
_version_ |
1764473070147338240 |