IMF Article IV Consultation with Nauru 2019

Country

On January 22, 2020, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Nauru. Executive Directors welcomed the improved economic performance in recent years, but noted that significant challenges remain, including volatile revenue sources, capacity and infrastructure constraints, and climate change. To help address these challenges, Directors urged the authorities to press ahead with reforms to preserve fiscal and debt sustainability, foster economic diversification, and strengthen governance and transparency.