Pacific Economic Monitor – December 2023

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Continued growth is expected in the Pacific, but governments need to generate additional resources for public infrastructure and services essential to sustaining economic development.This edition of the Pacific Economic Monitor presents the region’s experiences in domestic resource mobilization (DRM), the process wherein governments generate their own resources to fund their operations. Policy briefs examine the case for improving DRM, explore digital transformation in tax administration, and discuss tourism, an important sector in many Pacific economies that may have a role to play in contributing to DRM.

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Continued growth is expected in the Pacific, but governments need to generate additional resources for public infrastructure and services essential to sustaining economic development.This edition of the Pacific Economic Monitor presents the region’s experiences in domestic resource mobilization (DRM), the process wherein governments generate their own resources to fund their operations. Policy briefs examine the case for improving DRM, explore digital transformation in tax administration, and discuss tourism, an important sector in many Pacific economies that may have a role to play in contributing to DRM.

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