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Persistent link: https://www.econbiz.de/10000993703
KEY ISSUES Context. Raising growth and ensuring long-term fiscal sustainability remain the two critical issues of the FSM. The reform agenda, in particular, the tax reform package and growth-enhancing reforms, hinges on achieving a national consensus in a loosely federated nation. Outlook. The...
Persistent link: https://www.econbiz.de/10014412079
The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainability. The recovery will likely remain weak, and the consolidated fiscal surplus is...
Persistent link: https://www.econbiz.de/10014402303
Micronesia and the issues related to the governance framework. The design and recent implementation of the CTF raise concerns … that Micronesia will still face a difficult transition after U.S. aid ends in FY2023. The paper provides forecasts for the … fund over the medium term. It also examines the business environment in Micronesia and identifies possible areas for …
Persistent link: https://www.econbiz.de/10014404942
This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 11 …
Persistent link: https://www.econbiz.de/10014405013
This Selected Issues paper on the Federated States of Micronesia (FSM) underlies economic development. Since …
Persistent link: https://www.econbiz.de/10014405891
The staff report for the 2004 Article IV Consultation on the Federated States of Micronesia (FSM) focuses on economic …
Persistent link: https://www.econbiz.de/10014406021
This 2002 Article IV Consultation highlights that the economic activity in the Federated States of Micronesia (FSM) is …
Persistent link: https://www.econbiz.de/10014406576
The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic …
Persistent link: https://www.econbiz.de/10014406856
The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006–08, the …
Persistent link: https://www.econbiz.de/10014395433