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Vanuatu has a backward economy and is listed as one of the least developed countries by the United Nations. The 67th UN General Assembly held a plenary session on the 21st to review the report of the Economic and Social Council and unanimously passed a resolution to approve Vanuatu's graduation from the list of least developed countries. Agriculture and tourism are the backbone of Vanuatu's economy. In 1997, in order to improve the level of government management, stimulate the economy, and attract foreign investment, Vanuatu began to implement a comprehensive reform plan. In 1998, 15% of civil servants were streamlined, value-added tax was collected, and import taxes were reduced. In 1999, the economy of Vanuatu was still very difficult, the unemployment rate increased, people's living standards declined, and the comprehensive reform plan had limited effect.
Economically backward, graduated from the UN list of least developed countries on December 4, 2020. Agriculture and tourism are the pillars of the economy of Vanuatu. The tourism-based service industry and construction industry are the main driving forces for the economy.
The Ministry of Justice, Culture, Women and Religion of Vanuatu is the highest leading agency for cultural work in Vanuatu, and the "National Culture Council" appointed by the Ministry leads the cultural work. The Vanuatu Cultural Center is an institution that organizes and develops culture. It consists of a national museum, a national library, a cultural heritage registration office, and a national audio-visual archives office. The main literary and artistic organizations are: Nasviru Musik Asosiesen; Vila Amateur Theatrical Society.
The tile education system stipulates that primary school is 6 years, junior high school is 4 years, and high school is 3-4 years. The primary school enrolment rate is 95%, but the secondary school enrolment rate is very low. Secondary vocational schools include: National Technical College, Teachers College, Nursing School, Police School, etc. The University of the South Pacific Law Campus is located in Port Vila.
Vanuatu Broadcasting and Television Corporation (Vanuatu Broadcasting and Television Corporation): The official news agency, owns Radio Vanuatu and TV Belong Vanuatu. Established in 1966, the radio station broadcasts news and literary programs in Bislama, English and French three times a day in the morning, noon and evening, and broadcasts news programs from the British BBC, Radio France Internationale and Radio Australia. The TV station was established in 1993 and broadcasts 3-4 hours of programs every day. Except for a small number of programs produced by itself, it mainly broadcasts literary and artistic programs from France, Britain and Australia.
The telecommunications industry has developed rapidly in recent years. In the past, the telecommunications industry in Vanuatu was monopolized by the government authorized Vanuatu Telecom Company (TVL) to provide fixed telephone, mobile phone, data communication and Internet services. In 2008, the Vanuatu government broke the monopoly and granted Digicel, a telecommunications company headquartered in Jamaica, a mobile phone business license, which stimulated the rapid growth of the Vanuatu mobile communication market.
The medical conditions of Wawu Atu are relatively backward. There are 5 hospitals, 27 health centers, 74 clinics and 180 ambulance stations nationwide. According to the statistics of the World Health Organization, in 2011, Vanuatu's total national health care expenditure accounted for 3.8% of GDP. Calculated according to purchasing power parity, the per capita health care expenditure was 172 US dollars. From 2006 to 2013, there were 2 doctors per 10,000 people, 17 nurses and midwives, 1 dentist, and 1 pharmacist; from 2006 to 2012, there were 18 hospital beds per 10,000 people.
The government stipulates that the minimum monthly salary is 26,000 vatu (about 240 US dollars). Goods supply is complete, but the price is relatively expensive. There are 5 hospitals, 19 medical centers, 66 outpatient departments, 374 hospital beds, 12 doctors and 220 nurses in the country. Free medical care is basically implemented.
In 2006 and 2010, Vanuatu was twice rated as the country with the highest happiness index in the world by the New Economics Foundation of the United Kingdom.