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Macro Poverty Outlook for Central Pacific Islands : April 2022 (English)

Growth rates in Kiribati, Nauru and Tuvalu remain far below pre-pandemic levels. While Tuvalu and Nauru remain COVID-free, the fast spread of COVID-19 in Kiribati in January 2022 highlighted the need to reinforce preparedness. Higher commodity prices, exacerbated by the Ukraine-Russia war, will add to inflationary pressures and hold back growth. A narrow economic base and vulnerability to climate change are key challenges for growth and poverty reduction in the Central Pacific Islands.

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World Bank

Macro Poverty Outlook for Central Pacific Islands : April 2022 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099843204222220576/IDU09b898e900cb65048b908c4f011655bbb4678