Republic of Nauru: 2025 Article IV Consultation - Press Release; Staff Report; and Statement by the Alternate Executive Director (IMF Country Report No. 25/275)

IMF Country Report 25/275 (Nauru 2025 Article IV, 81 pp.). Programme content: press release and staff appraisal on AML/CFT risks and prudent revenue projections; Annex VI (pp. 54-58): programme description (minimum US$105,000, visa-free/on-arrival access to 90 countries, 3-4 months), authorities' expectation of US$5.7 million from over 60 applications in the first year and aspiration of about 20 percent of revenue (over US$43 million), FY2025 actual AU$0.24 million (<0.1% of GDP); Annex Table 1 (inception year, minimum investment, processing time for 7 programmes); Annex Figure 1 (visa-free destinations); Vanuatu inflows 14% of GDP in 2020 to about 3% now. This pass added the general 'typically only reach 2-4 percent of GDP over the medium term' statement and the two Table 1 inception years that differ from other stored sources (Grenada 2014, Nauru 2025) as launch accounts; the other five inception years (KNA 1984, DMA 1993, ATG 2013, LCA 2015, VUT 2017) agree with launch events already in the data and were not duplicated. The macro-fiscal tables have no citizenship line; the rest of the report is out of scope.