Pacific Islands economies threatened by CoViD-19

Already among the most remote countries on earth, Pacific island states saw their vital economic links weakened in recent months with the evaporation of tourism, severe disruptions to international trade, and a reduction in remittances. For these countries, the COVID-19 pandemic may cut deeper than even some of the worst cyclones from years past. Emergency assistance for Pacific island countries will be considered by the IMF’s Executive Board in the coming weeks, says a new report.