Economic
IMF Staff Completes 2026 Article IV Consultation to Kiribati
IMF concludes 2026 Article IV consultation in Kiribati, highlighting strong recent growth but sizable fiscal and external deficits and a need for policy reforms.
An IMF staff team led by Ms. Natalija Novta completed a 2026 Article IV consultation visit to Tarawa, Kiribati, in late February 2026. The mission assessed recent economic performance, outlook, and key policy priorities. Kiribati’s economy has remained resilient, with real GDP growth estimated at 4.3 percent in 2025 after 4.6 percent in 2024, driven by public consumption and infrastructure investment. Inflation rose to about 6.5 percent in 2025 due to fuel and electricity tariff reforms but is expected to moderate. Growth is projected to ease to around 3.2 percent in 2026, with fiscal and current account deficits remaining around 15 percent of GDP.
- Status
- active
- Location
- Tarawa, Kiribati
- Date added
- 2026-03-26 06:50 UTC
- Last updated
- 2026-03-26 06:50 UTC
- Source
- International Monetary Fund
- Connected threats
- Not provided