(AGENPARL) - Roma, 22 Luglio 2023(AGENPARL) – sab 22 luglio 2023 [IMF Country Reports](http://www.imf.org/external/pubs/cat/scr1_sp.aspx?s_year=1997&e_year=2012&brtype=default)
[Open in your browser](http://www.imf.org/en/Publications/CR/Issues/2023/07/19/Tuvalu-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-536777?cid=em-COM-123-46938)
http://www.imf.org/en/Publications/CR/Issues/2023/07/19/Tuvalu-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-536777?cid=em-COM-123-46938
[Country Report No. 2023/267 : Tuvalu: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Tuvalu](http://www.imf.org/en/Publications/CR/Issues/2023/07/19/Tuvalu-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-536777?cid=em-COM-123-46938)
JULY 21, 2023
http://www.imf.org/en/Publications/CR/Issues/2023/07/19/Tuvalu-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-536777?cid=em-COM-123-46938
A successful vaccination strategy allowed Tuvalu to lift COVID containment measures with limited negative health consequences. However, the economic fallout from the pandemic has been significant as containment measures led to delays in much-needed climate adaptation projects and an increase in current spending has eroded fiscal sustainability. Growth stagnated following the initial contraction at the onset of the pandemic, and global inflationary pressures and climate events have led to soaring inflation and exposed food and water security risks. Tuvalu is among the countries most vulnerable to the effects of climate change; its remote economy is dominated by the public sector; and its revenue base is narrow, with reliance on donor commitments further complicating fiscal planning. The economic setback due to the pandemic makes addressing these significant structural challenges more difficult.
[READ MORE](http://www.imf.org/en/Publications/CR/Issues/2023/07/19/Tuvalu-2023-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-536777?cid=em-COM-123-46938)
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