The systematic country diagnostic (SCD) covers a group of nine small Pacific Island countries (PIC-9) - Kiribati, Marshall Islands, the Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu. The document updates the previous SCD, completed in 2016, and assesses the...

Cover -- Contents -- Highlights -- The economic setting -- Country updates -- Policy briefs Long-run growth forecasts for Asia: Opportunities and challenges for the Pacific economies -- Fiscal management challenges in Papua New Guinea and Timor-Leste -- Update on fiscal modeling efforts in the...