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Economy of Tuvalu
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==Public sector enterprises== [[File:Office of Tuvalu Telecom.jpg|thumb|right|250px|Offices of the Tuvalu Telecommunications Corporation]] The public sector enterprises are the National Fishing Corporation of Tuvalu (NAFICOT), [[National Bank of Tuvalu]], Development Bank of Tuvalu, Tuvalu Electricity Corporation, [[Tuvalu Telecommunications Corporation]], [[Tuvalu Philatelic Bureau]], [[Tuvalu Maritime Training Institute]] and [[Vaiaku Lagi Hotel]].<ref name="IMF 2010"/><ref name="ADB0709">{{cite book |last1= Colin Ward, Darrell Freund, Mose Saitala and David Burrowes, for Ministry of Finance and Economic Planning of Tuvalu |title= Technical Assistance Consultant's Report - Project Number: 41180-01-2 |date= July 2009|publisher= Asian Development Bank }}</ref> The government is the primary provider of medical services through [[Princess Margaret Hospital, Funafuti|Princess Margaret Hospital]] on [[Funafuti]], which operates medical clinics on the other islands.{{Citation needed|date=April 2025}} Banking services are provided by the [[National Bank of Tuvalu]]. Effective of 7 October 2016, Tuvalu accepted the Article VIII obligations of the IMF Articles of Agreement, to maintaining an exchange system free of restrictions on payments for international transactions.<ref name="IMF16"/> The [[Tuvalu Media Corporation|Tuvalu Media Department]] of the Government of Tuvalu operates one station on the AM frequencies under the title of ''Radio Tuvalu''.<ref name="pacmas">{{cite web|author1=Jo Tacchi |author2=Heather Horst |author3=Evangelia Papoutsaki |author4=Verena Thomas |author5=Joys Eggins | work= Pacific Media Assistance Scheme (PACMAS)|title= State of Media & Communication Report - Tuvalu |date = 6 October 2013 |url= http://www.pacmas.org/wp-content/uploads/2013/10/06.-PACMAS_Tuvalu-Country-Report_FINAL.pdf| access-date=5 January 2015}}</ref> ''Fenui – news from Tuvalu'' is a free digital publication of the Tuvalu Media Department that is emailed to subscribers and operates a Facebook page, which publishes news about government activities and news about Tuvaluan events, such as a special edition covering the results of the 2015 general election.<ref name="FNS0415">{{cite web|last=Yvette D’Unienville & Semi Malaki |work=Fenui News |title=Special Bulletin April 1, 2015 |date=1 April 2015 |url=http://www.un.int/wcm/webdav/site/tuvalu/shared/Fenui%20Apr%2001%202015-Special%20Issue%20for%20General%20Election%202015.pdf |access-date=1 April 2015 |url-status=dead |archive-url=https://web.archive.org/web/20150402103352/http://www.un.int/wcm/webdav/site/tuvalu/shared/Fenui%20Apr%2001%202015-Special%20Issue%20for%20General%20Election%202015.pdf |archive-date=2 April 2015 }}</ref> The Tuvalu National Provident Fund (TNPF) and the Copra Trading Co-operative (CTC) are owned by the members of each organisation. The TNPF provides its members with loans, for which each member's account is used as collateral.<ref name="ADB0709"/> The Tuvalu Cooperative Society is the main wholesaler and retailer in Tuvalu.<ref name="IMF 2010"/>
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