Vanuatu: 2025 Article IV Consultation-Press Release; and Staff Report (IMF Country Report No. 25/277)

IMF 2025 Article IV staff report (CR 25/277, 97 pages). In scope: press release and key issues (ECP revenues significant but in structural decline, words); 2024 fiscal outturn (ECP revenues stronger than expected, words); para 10 and footnote 8 (CIIP suspended March 2025, amended May 2025, resumed June 2025; ECP about 7% of GDP in 2024, down from 14% in 2020; events and the 7% already recorded); para 16 and footnotes 16-17 (H1 2025 ECP increase linked to invoicing, receipts still to be verified; Commission of Inquiry report; events already recorded); para 24 and footnote 25 (AML/CFT risks and EU governance concerns, words); authorities' views (words); Table 2 and Table 3 ECP revenue 2021-2030 in vatu and percent of GDP; balance-of-payments table "ECP Revenues" (same percent-of-GDP series, not added again); risk matrix (words); DSA zero-ECP scenario text, tables and charts (debt ratios under a hypothetical scenario, OCR-read from image pages 84-93; not programme numbers, not taken). Image pages 5, 36, 54, 57, 64, 66, 94 and 97 OCR-checked (no programme numbers). Rest is macro, labour migration, climate, banking and airline material. Added: 2026-2030 projections (vatu and % of GDP) and the 2020 "high of 14 percent".