Kiribati Moving In The Right Direction In Terms Of Economic Development
Operational Risk / Kiribati / Wed 25 Jul, 2018
Key View: Kiribati released the KV20 in July, which outlines the government's long-term development plans for 2016-2036. Although the growth targets are overly ambitious, we see the blueprint as generally positive for the economy. We are revising our average real GDP growth forecast upwards to 2.7% per annum over the coming decade (from 2.0%