Politics of Kiribati takes place in a framework of a parliamentary representative democratic republic, whereby the President of Kiribati is the head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the House of Assembly.
The currency used is Australian dollars, available in A$ 100,50,20,10,and 5. Mastercard and Visa credit cards are accepted which makes it easier to conduct financial transactions, though this may not be the case in outlying islands. The cost of a holiday/visit to Kiribati is higher than most other Pacific countries because nothing is produced on the islands so the cost of food and other items is more.
Kiribati, officially the Republic of Kiribati, is an island nation located in the central tropical Pacific Ocean. It is composed of 32 atolls and one raised coral island, dispersed over 3.5 million square kilometres, (1,351,000 square miles) straddling the equator, and bordering the International Date Line at its easternmost point.