Cook Islands:Technical Assistance Report–Macroeconomic, Financial, and Structural Policies

Technical Assistance Report–Macroeconomic, Financial, and Structural Policies
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Volume/Issue: Volume 2020 Issue 269
Publication date: August 2020
ISBN: 9781513555775
$18.00
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Topics covered in this book

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Public Finance , Industries - Hospitality Travel and Tourism , Natural Disasters , ISCR , CR , Cook Islands economy , debt ratio , economy , net , cash reserves , Cook Islands superannuation , economic statistics , debt target , return on assets , Natural disasters , Tourism , Global , Australia and New Zealand

Summary

A mission was requested by the New Zealand authorities to the Cook Islands to focus on policy options for transitioning to high-income status, financial sector stability and regulatory framework, and debt sustainability.1 It evaluated these issues in the context of the medium-term outlook and against the context of a recently developed fiscal framework. The Cook Islands is a self-governing territory in free association with New Zealand, but it is not an IMF member (Box 1).