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Download or read book Papua New Guinea, Staff Report for the ... Article IV Consultation and ... Review Under Stand-by Arrangement written by and published by . This book was released on 2008 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451831765
Total Pages : 63 pages
Book Rating : 4.4/5 (518 download)
Download or read book Papua New Guinea written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-04-03 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2008 Article IV Consultation highlights that GDP per capita for Papua New Guinea remains low. An unattractive investment environment, primarily owing to weak infrastructure, problems with governance, and high crime curtails development. Executive Directors have commended the authorities for saving the bulk of recent windfall mineral revenues and repaying public debt to improve the external debt position. They have also acknowledged the authorities’ policy of slowing exchange rate depreciation to moderate inflationary pressures.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455204927
Total Pages : 58 pages
Book Rating : 4.4/5 (552 download)
Download or read book Fiji written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-19 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and hurt business confidence. Fiji’s economy is expected to have contracted by 21⁄2 percent in 2009, reflecting the adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget. Executive Directors have supported a tight monetary policy to ensure that inflation returns to low levels and to protect foreign exchange reserves.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455219932
Total Pages : 71 pages
Book Rating : 4.4/5 (552 download)
Download or read book Democratic Republic of Timor-Leste written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-03-08 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Timorese economy has improved owing to high oil-financed public spending and a rebound in agriculture, non-oil growth. Despite high bank deposit growth, private sector credit has remained stagnant. The medium-term outlook for growth is positive. Timor-Leste’s key challenge remains to use its petroleum wealth wisely to build a strong non-oil economy and raise living standards. Improvements in financial management and budget execution will be important. Productivity-enhancing structural reforms and efforts to build labor skills would improve competitiveness in non-oil industries and services.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451834403
Total Pages : 63 pages
Book Rating : 4.4/5 (518 download)
Download or read book Solomon Islands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-11-14 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 Article IV Consultation with Solomon Islands discusses an economic outlook that hinges critically on developing nonlogging sources of growth and exports to offset the expected decline in logging activity. The country remains beset with poor infrastructure, land ownership issues, a shortage of skilled labor, and unreliable and costly basic services. Executive Directors recommended that the central bank seek to develop financial markets further and make greater use of interest rate mechanisms of monetary control. To avoid placing undue burden on monetary policy, fiscal policy needs to play a supportive role.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455207926
Total Pages : 46 pages
Book Rating : 4.4/5 (552 download)
Download or read book Republic of Palau written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-13 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key findings of the Republic of Palau’s 2010 Article IV Consultation shows that the single most important issue in Palau remains fiscal policy, including its effect on medium-term growth, as fiscal consolidation proceeds. The global financial crisis followed on the heels of a massive terms-of-trade shock, leading to a sharp curtailment of foreign direct investment and private credit. Tourism tumbled following an airline bankruptcy, and construction activity fell as major infrastructure projects reached completion.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451825935
Total Pages : 40 pages
Book Rating : 4.4/5 (518 download)
Download or read book Republic of the Marshall Islands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-06-13 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Republic of the Marshall Islands (RMI), scattered across an area of nearly 1 million square miles in the Central Pacific, is heavily dependent on external grants. As in past consultations, the current discussions have focused on policies to put public finances on a secure footing and improve growth prospects. Recent economic performance has been lackluster. Exports have been held back mainly by structural problems. The fiscal position has improved in FY2006, but the overall balance has been slightly negative at about 1⁄2 percent of GDP.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455216658
Total Pages : 71 pages
Book Rating : 4.4/5 (552 download)
Download or read book Cambodia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-07 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability. However, as a result of the global crisis, output collapsed, and longstanding structural vulnerabilities have been exposed. Discussions focused on the dual policy challenge to safeguard macroeconomic stability and policy credibility, and to lay the foundations for broader-based and inclusive growth. It is recommended that the next Article IV Consultation take place on the standard 12-month cycle. IMF staff underscored the need for better and faster data for key economic statistics.
Download or read book Samoa, ... Article IV Consultation written by and published by . This book was released on 2007 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455216704
Total Pages : 42 pages
Book Rating : 4.4/5 (552 download)
Download or read book Tuvalu written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-08 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic developments of Tuvalu were discussed. Major construction projects to build a wharf and a power station have been completed, and seafarer employment—Tuvalu’s main foreign exchange earning source for the private sector—is weak. The Consolidated Investment Fund (CIF) available for budget financing will be depleted. Freezing wages and reducing travel costs will also be important. Improvements in the banking sector and credit culture will help to support private-sector development. Executive Directors agreed to ensure fiscal sustainability.
Author : Ronald C. Duncan
Publisher :
ISBN 13 :
Total Pages : 378 pages
Book Rating : 4.:/5 (318 download)
Download or read book The Political Economy of Economic Reform in the Pacific written by Ronald C. Duncan and published by . This book was released on 2011 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This collection of studies on the political economy of Pacific island countries was authored by writers from various disciplinary backgrounds. Their research confirms the results of political economy studies of economic reform in developing countries from elsewhere around the world and shines new light on the kinds of obstacles that have to be overcome for economic reform to be successful in the Pacific. This publication presents many valuable lessons for agencies assisting in the economic development of Pacific island countries"--Publisher's website.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1455206385
Total Pages : 62 pages
Book Rating : 4.4/5 (552 download)
Download or read book Tonga written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-13 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tonga’s high debt and the apparent ineffectiveness of the monetary transmission mechanism constrain the authorities’ ability to support growth. In the near term, the strength of the global recovery is by no means assured, and there are multiple risks that could weaken prospects in both Europe and the United States. A further rise in world commodity and food prices would also hit Tonga hard, feeding through to inflation, growth, and the current account deficit. Tonga’s high public debt now poses a major risk to economic prospects.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451813813
Total Pages : 41 pages
Book Rating : 4.4/5 (518 download)
Download or read book Federated States of Micronesia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-03-09 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 11⁄2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has deteriorated, despite a decline in the overall deficit. Executive Directors have recommended that spending cuts and comprehensive tax reforms be phased in to secure fiscal sustainability. Priority should be given to reducing the public sector wage bill, which is large by regional standards, possibly in the context of a broad reform of the public sector.
Author :
Publisher :
ISBN 13 :
Total Pages : 342 pages
Book Rating : 4.:/5 (334 download)
Download or read book Minerals Yearbook written by and published by . This book was released on 2004 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451827016
Total Pages : 87 pages
Book Rating : 4.4/5 (518 download)
Download or read book Mongolia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-02-24 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that the global economic crisis and collapse in copper prices in 2008 hit the Mongolian economy hard. The loose macropolicies and tightly managed exchange rate pursued during the preceding boom years had made the economy particularly vulnerable, and the situation deteriorated markedly in early 2009. The authorities are making progress toward restoring health to public finances. Executive Directors have supported the authorities’ policy priorities to restore health to public finances, rebuild international reserves while maintaining a flexible exchange rate, bolster confidence in the banking system, and protect the poor.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451840748
Total Pages : 46 pages
Book Rating : 4.4/5 (518 download)
Download or read book Samoa written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-06-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Samoa has achieved a major economic transformation over the last decade and a half. This 2007 Article IV Consultation highlights that real per capita GDP in Samoa has increased by more than 3 percent per year on average, and external public debt has fallen below 40 percent of GDP. The external position benefited from the rapid growth of remittances and tourism receipts. Executive Directors have congratulated the authorities on Samoa’s impressive growth performance and economic transformation over the past decade, with Samoa now set to graduate from least developed country status.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1484306147
Total Pages : 114 pages
Book Rating : 4.4/5 (843 download)
Download or read book International Monetary Fund Annual Report 2017 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2017-10-05 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.
