IMF-图瓦卢：2025年第四条协商新闻稿；员工报告；图瓦卢执行主任的发言（英）

© 2025 International Monetary Fund IMF Country Report No. 25/257 TUVALU 2025 ARTICLE IV CONSULTATION—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE ALTERNATE EXECUTIVE DIRECTORS FOR TUVALU Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2025 Article IV consultation with Tuvalu, the following documents have been released and are included in this package: • A Press Release summarizing the views of the Executive Board as expressed during its September 3, 2025 consideration of the staff report that concluded the Article IV consultation with Tuvalu. • The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on September 3, 2025, following discussions that ended on May 27, 2025, with the officials of Tuvalu on economic developments and policies. Based on information available at the time of these discussions, the staff report was completed on July 31, 2025. • An Informational Annex prepared by the IMF staff. • A Debt Sustainability Analysis prepared by the staffs of the IMF and the World Bank. • A Statement by the Alternate Executive Directors for Tuvalu. The IMF’s transparency policy allows for the deletion of market-sensitive information and premature disclosure of the authorities’ policy intentions in published staff reports and other documents. Copies of this report are available to the public from International Monetary Fund • Publication Services PO Box 92780 • Washington, D.C. 20090 Telephone: (202) 623-7430 • Fax: (202) 623-7201 E-mail: publications@imf.org Web: http://www.imf.org Price: $18.00 per printed copy International Monetary Fund Washington, D.C. September 2025 PR 25/293 IMF Executive Board Concludes 2025 Article IV Consultation with Tuvalu FOR IMMEDIATE RELEASE • Tuvalu’s economic recovery is expected to continue, with GDP growth projected at 3 percent in 2025 and 2.6 percent in 2026, supported by externally-financed infrastructure projects and public spending. • The economy continues to face significant structural challenges and downside risks, reflecting its economic and environmental fragility and heightened global uncertainty. • Policies should focus on maintaining economic and financial stability, building resilience against shocks, and addressing structural challenges for sustainable growth. Washington, DC – September 12, 2025: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Tuvalu on September 3rd, 2025.1 Tuvalu’s economy is recovering from the COVID-19 pandemic. Following a sharp contraction during 2020-22, real GDP grew by 4 percent in 2023 and 3.1 percent in 2024, driven by continued effects of reopening on domestic activities and major infrastructure projects including coastal adaptation, maritime transportation, and renewable energy. Both fiscal and external balances remain volatile reflecting Tuvalu’s heavy reliance on fis