Republic of Palau : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

April 1, 2004

Electronic Access:

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Summary:

The Republic of Palau is a small island economy, heavily dependent on tourism and external assistance. Economic growth has been modest in the last few years and inflation is low. The authorities launched a wide range of reform initiatives since 2001, but several important ones have stalled in the legislative process. Although the banking regulatory framework still needs improvements for effective implementation, a tax reform package, a new foreign investment law, a statistics law, and proposals related to streamlining the executive and legislative branch have not yet been enacted.

Series:

Country Report No. 04/85

Subject:

English

Publication Date:

April 1, 2004

ISBN/ISSN:

9781451831481/1934-7685

Stock No:

1PLWEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

40

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