Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia »
Series: IMF Staff Country Reports
Author(s): International Monetary Fund. Asia and Pacific Dept
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 September 2019
Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF
The economy of the Federated States of Micronesia (FSM) has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account balances have recorded large surpluses since 201...