Pacific Countries Continue to be Protected Against Global Effects

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Pacific Countries Continue to be Protected Against Global Effects

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10 December 2012

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Economics

Fiscal positions in small Pacific island economies improved in 2012, largely due to improved budget performance in the face of a weakening global economic environment, while the fiscal positions of Papua New Guinea (PNG), Solomon Islands, and Vanuatu all deteriorated in 2012, according to the ADB's latest Pacific Economic Monitor.

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