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

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 Â½ percent of GDP.

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Year of publication:	2008-06-13
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Staff Reports \| Economic reforms \| Economic indicators \| Fiscal sustainability \| Financial sector \| fiscal consolidation \| current account \| debt service \| external debt \| balance of payments \| fiscal surplus \| fiscal position \| capital expenditure \| tax reform \| long-term fiscal sustainability \| external debt service \| fiscal indicators \| current account balance \| fiscal adjustment \| domestic savings \| fiscal gap \| government debt \| tax administration \| public finances \| fiscal balance \| debt service payments \| tax revenue \| external shocks \| total external debt \| fiscal data \| external financing \| government revenue \| fiscal objectives \| repayments \| public and publicly guaranteed debt \| tax policy \| revenue collection \| tax collection \| tax reforms \| principal repayment \| budget revenues \| debt-service \| tax haven \| current account balances \| fiscal impact \| short-term debt \| public and publicly guaranteed \| fiscal measures \| tax compliance

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 08/185 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243131