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Macro Poverty Outlook for South Pacific Islands : April 2022 (Inglês)

The economies of Samoa, Tonga and Vanuatu have been hit by natural disasters and the COVID-19 pandemic. These Pacific countries just recorded their first COVID outbreaks. Tonga’s outbreak was amid a volcanic eruption and subsequent tsunami. Strict travel restrictions have hit tourism-related activity with negative spillovers on the rest of the economy. Governments need to continue supporting the vulnerable and embark on structural reforms to support inclusive economic recovery. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.




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