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Press Releases

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Vanuatu: IMF Executive Board Concludes Article IV Consultation

Vanuatu: IMF Executive Board Concludes Article IV Consultation

Press Release No. 15/279 June 17, 2015 On June 5, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation1 with Vanuatu. Real GDP is expected to decline by 2 percent this year because of the cyclone...

Vanuatu: 2015 Article IV Consultation and Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument - Press Release; Staff Report; and Statement by the Executive Director for Vanuatu

Vanuatu: 2015 Article IV Consultation and Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument - Press Release; Staff Report; and Statement by the Executive Director for Vanuatu

Summary: Devastating Cyclone Pam hit Vanuatu on March 13, destroying a large share of housing, infrastructure, tourist facilities, crops, and livestock. Estimated damage and losses to the economy exceed 60 percent of GDP.

Vanuatu: IMF Concludes Article IV Mission and Reaches Staff-level Agreement on Financial Assistance Under Rapid Credit Facility and Rapid Financing Instrument

Vanuatu: IMF Concludes Article IV Mission and Reaches Staff-level Agreement on Financial Assistance Under Rapid Credit Facility and Rapid Financing Instrument

Press Release No. 15/182 April 28, 2015 End-of-mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not...

IMF Executive Board Concludes 2018 Article IV Consultation with Vanuatu

IMF Executive Board Concludes 2018 Article IV Consultation with Vanuatu

April 26, 2018 On April 6, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Vanuatu,[1] and considered and endorsed the staff appraisal without a meeting.[2] Vanuatu is poised to fully...

IMF Staff Concludes 2018 Article IV Mission to Vanuatu

IMF Staff Concludes 2018 Article IV Mission to Vanuatu

February 7, 2018 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

Mosquito-borne Illnesses

Mosquito-borne Illnesses

Outbreaks of mosquito-borne illnesses are common in the tropical and sub-tropical climates in many Pacific Islands, in North Queensland (Australia), Asia (including India), tropical Africa and Latin/South America. West Nile virus is commonly found...

Celebrating Achievements and Progress in the Division

Celebrating Achievements and Progress in the Division

Talofa Lava from SPTO’s Division of Sustainable Tourism! Presenting the second edition of the Pacific Sustainable Tourism Newsbeat for 2024, we take you to the heart of the Pacific, Samoa, as our country of focus. Explore the latest updates from...

White Grass Ocean Resort Becomes Melanesia’s First Eco Dive Centre and Welcomes National Geographic Team

White Grass Ocean Resort Becomes Melanesia’s First Eco Dive Centre and Welcomes National Geographic Team

White Grass Ocean Resort & Spa’s PADI Dive centre Volcano Island Divers is officially Melanesia’s FIRST PADI ECO Dive Centre. The certification recognises the Vanuatu resort’s commitment to a sustainable diving industry including their active...

Vanuatu: IMF Concludes 2013 Article IV Consultation Mission

Vanuatu: IMF Concludes 2013 Article IV Consultation Mission

Press Release No. 13/130 April 18, 2013 An International Monetary Fund (IMF) mission led by Mr. Alexander Pitt visited Port Vila, Vanuatu, during April 1-10 to conduct the 2013 Article IV Consultation. The mission met with the country’s...

Vanuatu: IMF Executive Board Concludes 2013 Article IV Consultation

Vanuatu: IMF Executive Board Concludes 2013 Article IV Consultation

Public Information Notice (PIN) No. 13/69 June 21, 2013 Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies. With the consent of the country...

SPREP partners with SPTO to develop single-use plastic standards and certification programme

SPREP partners with SPTO to develop single-use plastic standards and certification programme

30 October 2023, Papeete, Tahiti – In a significant move towards a more sustainable and resilient future for Pacific tourism, the Secretariat of the Pacific Regional Environment Programme (SPREP) has announced a strategic partnership with the...

IMF Executive Board Concludes 2016 Article IV Consultation with Vanuatu

IMF Executive Board Concludes 2016 Article IV Consultation with Vanuatu

On October 21, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with Vanuatu. 1 Vanuatu’s economy is gradually recovering from the extensive damages caused by Cyclone Pam, which hit the...

IMF Staff Concludes 2016 Article IV Mission to Vanuatu

IMF Staff Concludes 2016 Article IV Mission to Vanuatu

July 26, 2016 An International Monetary Fund (IMF) mission led by Mr. Chris Papageorgiou visited Port Vila during July 13-26, 2016 to hold discussions on the 2016 Article IV consultation. The mission met with the Vanuatu authorities,...

Republic of Marshall Islands Upgrade Digital Skills for Better Visitor Experiences

Republic of Marshall Islands Upgrade Digital Skills for Better Visitor Experiences

Tourism operators, government agencies, and stakeholders in Majuro recently participated in the Pacific Tourism Organisations (SPTO) Pacific Digital Champions training program funded by the New Zealand Government through its Ministry of Foreign...

Vanuatu: Statement of the IMF Mission at the Conclusion of the 2011 Article IV Consultation Discussions

Vanuatu: Statement of the IMF Mission at the Conclusion of the 2011 Article IV Consultation Discussions

An International Monetary Fund (IMF) mission led by Mr. Tarhan Feyzioglu visited Port Vila from March 2 to 10 to conduct the 2011 Article IV Consultations. The mission met with the Vanuatu authorities, private sector, and foreign aid providers to...

IMF Survey: With External Support, Vanuatu’s Recovery Builds on Prudent Past

IMF Survey: With External Support, Vanuatu’s Recovery Builds on Prudent Past

Repairs to a ship damaged by cyclone Pam. Total reconstruction costs are estimated to add up to around 40 percent of GDP (photo: Corbis/EPA/David Hunt) REBUILDING AFTER DISASTERS With External Support, Vanuatu’s Recovery Builds on Prudent Past...

Aircalin Launches New Route: Bridging New Caledonia, Fiji, and French Polynesia

Aircalin Launches New Route: Bridging New Caledonia, Fiji, and French Polynesia

Aircalin, the international airline of New Caledonia, is extending its reach in the Pacific region. Beginning Wednesday, 6 December, Aircalin is introducing a second weekly flight connecting New Caledonia and French Polynesia, with a stopover at...

Tuvalu Embraces Digital Transformation with SPTO’s Pacific Digital Champions Training Program

Tuvalu Embraces Digital Transformation with SPTO’s Pacific Digital Champions Training Program

The Tuvalu Department of Tourism and its stakeholders embraced the opportunity to progress digital transformation, through the Pacific Tourism Organisations (SPTO) Pacific Digital Champions training program. Funded by the New Zealand Government...

French Polynesia Embraces Digital Transformation with Pacific Digital Champions Training

French Polynesia Embraces Digital Transformation with Pacific Digital Champions Training

Tahiti tourism operators and stakeholders from Destination Management Companies, cruise and tour operators, Tahiti Tourisme, yacht charters, and travel agencies reinforced their commitment to digital transformation and turned out in numbers in...

Update from Division – Issue 47

Update from Division – Issue 47

Mālō e lelei from the Pacific Tourism Organisation (SPTO) Division of Sustainable Tourism! July is the beginning of the second half of the year, and projects are either at their startup, its peak or somewhere in between. In July, the SPTO launched...

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