IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2026-099.html

Kiribati: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kiribati

Author

Listed:
  • International Monetary Fund

Abstract

The 2026 Article IV Consultation discusses that Kiribati’s recent gross domestic product (GDP) growth has exceeded that of other Pacific Island countries and poverty has declined significantly. Growth is projected to moderate to about 3.1 percent in 2026 but the outlook remains highly uncertain amid external shocks and persistent structural challenges. Real GDP growth is expected to moderate to around 3.1 percent in 2026 and to gradually decline to around 2 percent over the medium term. Fiscal policy can help mitigate the impact of the energy price shock on vulnerable households with temporary, targeted transfers, while allowing domestic fuel prices to gradually adjust. A sustained growth-friendly fiscal consolidation over the medium term is needed for long-term debt sustainability. Strengthening institutional capacity, by establishing a debt management framework, improving public financial management, revenue administration, and the quality of national statistics, is essential for continued growth and private sector development.

Suggested Citation

  • International Monetary Fund, 2026. "Kiribati: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kiribati," IMF Staff Country Reports 2026/099, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2026/099
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=576088
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2026/099. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.