Marshall Islands : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

October 15, 1996

Summary:

This report describes economic developments in the Marshall Islands during the 1990s. Real GDP grew by 3.7 percent in 1995. Copra production increased, owing mainly to more frequent inter-island transport services by government-owned ships. Construction activity was boosted by the availability of external concessional aid financing for a high school and a garment factory, foreign direct investment on a dry dock, and a government-sponsored 150-room hotel. Value added from the transport, communications, and energy sectors rose, owing in part to an improvement in the financial performance of government-owned enterprises.

Series:

Country Report No. 96/105

Subject:

English

Publication Date:

October 15, 1996

ISBN/ISSN:

9781451825893/1934-7685

Stock No:

1MHLEA0011996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

32

Please address any questions about this title to publications@imf.org