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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Main Authors:	International Development Association, International Monetary Fund
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	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
Online Access:	http://documents.worldbank.org/curated/en/966531539633399520/Tuvalu-Joint-Bank-Fund-Debt-Sustainability-Analysis-2018-Update http://hdl.handle.net/10986/30908

id	okr-10986-30908
recordtype	oai_dc
spelling	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

Tuvalu : Joint Bank-Fund Debt Sustainability Analysis, 2018

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