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You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Western Hemisphere x
  • Palau, Republic of x
  • International Economics x
  • IMF Staff Country Reports x
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Cover IMF Staff Country Reports
Republic of the Marshall Islands: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of the Marshall Islands
International Monetary Fund
Real output growth of the Republic of the Marshall Islands appears to have slowed sharply in FY2003 and again in FY2004. The 2005 Article IV Consultation highlights that the economic activity has been hampered by delays in implementing an upgraded public works program and the closure of a large privately owned tuna processing plant. The fiscal position deteriorated in FY2004. This deterioration reflects, on the revenue side, a decline in grants aimed at infrastructure projects owing in part to delays in initiating projects, lower income tax collection, and volatility in nontax revenue.
Keywords:
ISCR; CR; government; RMI authorities; government loan guarantee; staff; RMI; debt situation; financial assets; IMF staff estimate; Extra-budgetary funds; Pacific Islands
Cover IMF Staff Country Reports
Republic of Palau: Selected Issues and Statistical Appendix
International Monetary Fund
The Republic of Palau (Palau) has always been heavily dependent on external assistance. The availability of steady grants has allowed Palau to maintain a sizable public sector. A number of issues are considered in designing a comprehensive management strategy for the Compact Trust Fund (CTF). The following statistical data are also included in this paper: social indicators, financial position of compact trust fund, imports by product category, by country, or territory of origin, balance of payments, and so on.
Keywords:
ISCR; CR; consent Judgment; Palau; banking sector supervision; tourism sector; regulations of the FIC; CTF withdrawal; development bank; withdrawal schedule; Current spending; Tourism; Capital spending; Extra-budgetary funds; Asia and Pacific; Pacific Islands