Republic of the Marshall Islands: Staff Report for the 2011 Article IV Consultation

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Publisher : International Monetary Fund
ISBN 13 : 1463929242
Total Pages : 39 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Republic of the Marshall Islands: Staff Report for the 2011 Article IV Consultation by : International Monetary Fund

Download or read book Republic of the Marshall Islands: Staff Report for the 2011 Article IV Consultation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-02 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy of the Republic of the Marshall Islands has experienced a strong recovery with a 5.2 percent growth in 2010 following strong improvement in the fisheries sector and a moderate recovery in exports. The financial sector remained focused on consumer lending and contributed little to overall economic growth. Although the financial sector remained profitable, much of the rapid growth in credit has been in consumer loans. The authorities are monitoring high levels of household debt and intend to begin work on strengthening the regulatory framework.

Republic of the Marshall Islands

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Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (767 download)

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Book Synopsis Republic of the Marshall Islands by :

Download or read book Republic of the Marshall Islands written by and published by . This book was released on 2011 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands, Staff Report for the ... Article IV Consultation

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Republic of the Marshall Islands, Staff Report for the ... Article IV Consultation by :

Download or read book Republic of the Marshall Islands, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1616355263
Total Pages : 57 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund. Asia and Pacific Dept

Download or read book Republic of the Marshall Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2014-02-03 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Informational Annex highlights the Marshall Islands’ existing tax system’s inability to raise additional revenue, discouragement of private investment, and inequitability. Careful consideration needs to be given to the potential of a comprehensive tax reform program, including strengthening tax administration, for raising additional revenue while supporting the private sector. Many state-owned enterprises (SOEs) are a drain on public finances, and their unreliable or costly services undermine private sector development. To improve their performance, reforms are needed to strengthen efficiency, better delineate commercial and noncommercial services, and introduce tariff systems that better reflect cost of services. In areas where SOEs provide purely commercial services, divestment should be considered.

Republic of the Marshall Islands: 2008 Article IV Consultation

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ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (254 download)

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Book Synopsis Republic of the Marshall Islands: 2008 Article IV Consultation by : Jeremy Carter

Download or read book Republic of the Marshall Islands: 2008 Article IV Consultation written by Jeremy Carter and published by . This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands

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Publisher : International Monetary Fund
ISBN 13 : 1513572865
Total Pages : 78 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Republic of the Marshall Islands: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands by : International Monetary

Download or read book Republic of the Marshall Islands: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands written by International Monetary and published by International Monetary Fund. This book was released on 2021-05-27 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong and timely containment measures have successfully prevented a domestic COVID-19 outbreak but have also weighed on economic activity. The real GDP is estimated to have contracted by 3.3 percent in FY2020 and is projected to further decline by another 1.5 percent in FY 2021 due to continued travel restrictions. Economic activity is expected to pick up in FY2022, as COVID-related restrictions will be relaxed gradually. The government is currently negotiating the renewal of Compact of Free Association (COFA) financial provisions with the United States, but terms remain uncertain. The government is considering to repeal the SOV Act and a bill on establishing a Digital Economic Zone was submitted to the Parliament recently.

Republic of the Marshall Islands

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Publisher : International Monetary Fund
ISBN 13 : 1451825919
Total Pages : 45 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund

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 2006-03-08 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Republic of the Marshall Islands

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (837 download)

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Book Synopsis Republic of the Marshall Islands by : Kenneth Kang

Download or read book Republic of the Marshall Islands written by Kenneth Kang and published by . This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451825951
Total Pages : 44 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund

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 2010-02-24 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that the economy of the Marshall Islands is on a path to recovery. A gradual expansion with growth reaching 0.5 percent in 2010 is supported by further growth in the fish processing industry and additional foreign grant assistance. Rising prices could stoke inflation and stifle domestic demand. Executive Directors have encouraged the authorities to continue to strengthen the statistical base, especially the coverage and timeliness of fiscal and balance of payments data, in order to improve policy analysis and decision-making.

Republic of the Marshall Islands

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (132 download)

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Book Synopsis Republic of the Marshall Islands by :

Download or read book Republic of the Marshall Islands written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484375742
Total Pages : 58 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund. Asia and Pacific Dept

Download or read book Republic of the Marshall Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-09-10 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlight that growth in the Marshallese economy is estimated to have accelerated to about 3.5 percent in FY2017 (ending September 30) with a strong pick-up in fisheries and construction, with the latter owing to the resumption of infrastructure projects. Consumer prices started to rise again in mid-2017, with annual consumer price index inflation at 1.1 percent in 2017Q4. Growth is expected to remain robust at about 2.5 percent in FY2018 and about 1.5 percent over the medium term, underpinned by further increases in infrastructure spending. Inflation is expected to rise gradually to about 2 percent over the medium term.

Republic of the Marshall Islands

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Publisher : International Monetary Fund
ISBN 13 : 1475520522
Total Pages : 58 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund. Asia and Pacific Dept

Download or read book Republic of the Marshall Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-07-28 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that the economy of the Marshall Islands is estimated to have expanded by about 0.5 percent in FY2015 (ending September 30), as the fishery sector recovered. Following a moderate inflation of 1.1 percent in FY2014, headline inflation dropped to –2.2 percent in FY2015 amid falling oil and utility prices. The fiscal balance is estimated to have recorded a surplus of about 3 percent of GDP in FY2014–15, owing to record-high fishing license fees. Growth is expected to rise to about 1.5 percent and inflation to about 0.5 percent in FY2016, as the effects of the drought in earlier 2016 are offset by the resumption of infrastructure projects.

Republic of the Marshall Islands: 2005 Article IV Consultation

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Republic of the Marshall Islands: 2005 Article IV Consultation by : Scott Brown

Download or read book Republic of the Marshall Islands: 2005 Article IV Consultation written by Scott Brown and published by . This book was released on 2006 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Republic of the Marshall Islands

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund. Asia and Pacific Dept

Download or read book Republic of the Marshall Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-10-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real GDP declined by 4.5 percent in FY2022 due entirely to a decline in fisheries. However, excluding the sector, growth was 4.2 percent, fueled by a recovery in domestic demand. Inflation has picked up due to higher food and fuel prices, while the current account surplus narrowed as COVID-related grants declined and the trade deficit widened.

Republic of the Marshall Islands

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451985916
Total Pages : 42 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Republic of the Marshall Islands by : International Monetary Fund

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 42 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 ½ percent of GDP.

World Economic Outlook, September 2011

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Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781616351199
Total Pages : 0 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis World Economic Outlook, September 2011 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, September 2011 written by International Monetary Fund. Research Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2011-09-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The September 2011 edition of the World Economic Outlook assesses the prospects for the global economy, which is now in a dangerous new phase. Global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing. Against a backdrop of unresolved structural fragilities, a barrage of shocks hit the international economy this year, including the devastating Japanese earthquake and tsunami, unrest in some oil-producing countries, and the major financial turbulence in the euro area. Two of the forces now shaping the global economy are high and rising commodity prices and the need for many economies to address large budget deficits. Chapter 3 examines the inflationary effects of commodity price movements and the appropriate monetary policy response. Chapter 4 explores the implications of efforts by advanced economies to restore fiscal sustainability and by emerging and developing economies to tighten fiscal policy to rebuild fiscal policy room and in some cases to restrain overheating pressures.

The Global Findex Database 2017

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Publisher : World Bank Publications
ISBN 13 : 1464812683
Total Pages : 228 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Global Findex Database 2017 by : Asli Demirguc-Kunt

Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.