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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:
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:
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513572865
Total Pages : 78 pages
Book Rating : 4.5/5 (135 download)
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.
Author :
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (767 download)
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:
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1475514131
Total Pages : 57 pages
Book Rating : 4.4/5 (755 download)
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 2013 Article IV Consultation highlights that the GDP growth of The Republic of the Marshall Islands (RMI) picked up in FY2012 (fiscal year, ending September 30) to 3.2 percent, lifted by a surge in fishery output and higher copra and coconut oil production. In FY2013, however, growth is expected to have slowed to 0.8 percent, dragged down by delays in the implementation of infrastructure projects. The current account deficit including official transfers remained elevated at 8.1 percent of GDP in FY2012. In FY2014, GDP growth is projected to rebound to 3.2 percent, driven by the resumption of Compact-funded infrastructure projects.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484375742
Total Pages : 58 pages
Book Rating : 4.4/5 (843 download)
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.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.4/5 (2 download)
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.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1475520522
Total Pages : 58 pages
Book Rating : 4.4/5 (755 download)
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.
Author : Jeremy Carter
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (254 download)
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:
Author : Kenneth Kang
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (837 download)
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:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451825919
Total Pages : 45 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 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.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451825951
Total Pages : 44 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 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.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1463929242
Total Pages : 39 pages
Book Rating : 4.4/5 (639 download)
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.
Author : Scott Brown
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (255 download)
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:
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. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.4/5 (2 download)
Download or read book Republic of Nauru written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-11-28 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nauru faces structural challenges due to its small size and remoteness, and is highly dependent on imports. The narrow revenue base comprises fishing license fees, residual phosphate processing, and revenue from the Regional Processing Center (RPC). Nauru is vulnerable to the negative effects of climate change, as the population inhabit in a narrow coastal area. The health and economic impact of the pandemic has been limited in Nauru, thanks to successful vaccination and containment strategies
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 67 pages
Book Rating : 4.4/5 (2 download)
Download or read book Republic of Nauru: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Nauru written by International Monetary and published by International Monetary Fund. This book was released on 2022-02-07 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Early and decisive measures successfully prevented an outbreak of COVID-19 in Nauru, and as of January 2022 there have been no COVID-19 cases on the island. Strong pandemic policy measures supported the economy, which continued to expand in FY20 and FY21. Nauru’s remoteness and size constrain potential growth and it is severely exposed to the negative effects of climate change on sea levels and the ocean stock of tuna. Development challenges are exacerbated by limited capacity and a high incidence of non-communicable diseases (NCDs).
