Republic of Palau: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Republic of Palau

Publication Date: May 06, 2014
Electronic Access: Free Full text (PDF file size is 1,256KB).
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Summary: This 2014 Article IV Consultation highlights that after two years of strong expansion, growth is estimated at about zero percent in the fiscal year 2013 (FY2013, ending in September) in the Republic of Palau owing to declines in construction and tourism. Inflation moderated to 2¾ percent (annual average) in FY2013 thanks to stable international food and fuel prices, and it is expected to stay at about 3 percent in FY2014. Growth is projected to increase to 1¾ percent in FY2014 and to 2¼–2½ percent over the medium term driven by the recovery in tourism and infrastructure developments.
Series: Country Report No. 14/110
Subject(s): Article IV consultation reports | Economic growth | Tourism | Fiscal consolidation | Fiscal sustainability | Private sector | Tax reforms | Fiscal reforms | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Palau

Publication Date: May 06, 2014
ISBN/ISSN: 9781484370230/1934-7685 Format: Paper
Stock No: 1PLWEA2014001 Pages: 45
US$18.00 (Academic Rate:
US$18.00 )
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