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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...
Persistent link: https://www.econbiz.de/10015058998
This Selected Issues paper on Solomon Island discusses big data and high frequency surveillance for Pacific Islands countries (PICs). Big data can be used to fill data gaps for PICs and the IMF can serve as a capacity-building and innovation hub. The estimators computed based on AIS data have...
Persistent link: https://www.econbiz.de/10015059452
OVERALL ASSESSMENT This Report on the Observance of Standards and Codes (ROSC)—Data Module provides an update of the assessment conducted in February 2006, which was based on the July 2003 version of the IMF’s Data Quality Assessment Framework (DQAF). This ROSC Data Module is the first...
Persistent link: https://www.econbiz.de/10012678374
Persistent link: https://www.econbiz.de/10015059797
rely on an array of tax instruments to mobilize revenues. The personal income tax (PIT) plays an integral role in the … example of 20 percent. A combination of 20 percent tax on the top decile of the income distribution and the existing 10 … the integrity of the tax system. Freelancers are recommended to pay social security contributions on their total net …
Persistent link: https://www.econbiz.de/10015060307
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...
Persistent link: https://www.econbiz.de/10011243992
, beginning with a far-reaching reform of state enterprises and redoubling efforts to improve tax administration, is commended. An …
Persistent link: https://www.econbiz.de/10011244162
This paper discusses key findings of the Second Review Under the Policy Support Instrument for Nigeria. All assessment criteria through end-September were met except for one civil service-related measure. Remedial measures have prevented the civil service reform program from being compromised....
Persistent link: https://www.econbiz.de/10011244171
This paper reviews the Central African Republic’s three-year arrangement under the poverty reduction and growth facility. Concerns about the social impact of higher fuel prices have delayed implementation of an automatic pricing formula and caused serious fiscal losses. The new financing...
Persistent link: https://www.econbiz.de/10011244185
Nicaragua's economic performance in 2010 was satisfactory. Real GDP grew, supported by strong consumption and investment. Bank credit started recovering while the financial system remained liquid and profitable. Exchange-rate and monetary policy have contributed to macroeconomic stability. The...
Persistent link: https://www.econbiz.de/10011244198