Kiribati is one of the poorest and most remote Pacific nations but has the largest productive tuna fishery. The Vessel Day Scheme implemented in 2012 led to unprecedented growth in fishing revenue between 2012 and 2015, with similarly unprecedented expansion of government expenditure from 2016 to 2019. For the first time in its history, the Kiribati Government, rather than any foreign development partner, is the single largest financier of public investment. Whereas the general economy and government finances have benefited greatly from the fisheries boom, questions have been raised around recent government spending and how long there will be the fiscal space to support such discretionary decisions in the context of rapidly increasing operating costs. Fishing revenue alone will not be enough to fundamentally shift the development trajectory of the Kiribati people. A new period of reform is needed.

中文翻译：

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基里巴斯经济概览：机遇之海

基里巴斯是最贫穷，最偏远的太平洋国家之一，但生产金枪鱼的渔业最多。2012年实施的“船只日计划”在2012年至2015年期间导致捕捞收入空前增长，2016年至2019年政府支出也出现了前所未有的增长。基里巴斯政府有史以来第一次，而不是任何外国发展伙伴，是公共投资的最大单一融资方。尽管总体经济和政府财政从渔业繁荣中受益匪浅，但人们对最近的政府支出以及在经营成本迅速增加的情况下，支持这种自由裁量决定的财政空间将有多久提出疑问。单靠捕捞收入还不足以从根本上改变基里巴斯人民的发展轨迹。需要一个新的改革时期。