Republic of Palau : Staff Report for the 2014 Article IV Consultation

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

May 6, 2014

Electronic Access:

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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:

English

Publication Date:

May 6, 2014

ISBN/ISSN:

9781484370230/1934-7685

Stock No:

1PLWEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

45

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