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Republic of the Marshall Islands :, 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Label
Republic of the Marshall Islands :, 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
Language
eng
Abstract
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
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Republic of the Marshall Islands :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Economic Developments; Boxes; 1. Vulnerabilities to Climate Change; III. Discussions with the Authorities; A. The Outlook and Exchange Rate Regime; B. Fiscal Consolidation; 2. Fiscal Sustainability after 2023; C. Structural Reform; D. Financial Sector; E. Other Issues; IV. Staff Appraisal; Figures; 1. Economic Developments; 2. Fiscal Indicators; 3. Financial Developments; 4. External Developments; Tables; 1. Basic Data, FY2004-08; 2. Central Government Finances, FY2004-08; 3. Balance of Payments, FY2004-084. External Vulnerability Indicators, 2004-085. Medium-term Scenario, FY2006-13; Contents; I. Fund Relations; II. Relations with the World Bank; III. Relations with the Asian Development Bank; IV. Relations with the Pacific Financial Technical Assistance Centre; V. Statistical Issues
Content
Other version