How to order
IMF Publications

Federated States of Micronesia and the IMF

Related material:
IMF Surveillance--A factsheet

List of Article IV Consultations

Read about Article IV of the Articles of Agreement

Country Reports in full text
2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

What do you think
of Country Reports?

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile

Federated States of Micronesia : 2012 Article IV Consultation

Published: January 17, 2013
Electronic Access: Free Full Text (PDF file size is 1,127KB)
Use the free Adobe Acrobat Reader to view this PDF file.

Summary: The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006–08, the FSM economy has grown by 2–2½ percent for FY2010 and FY2011. The economy remains dependent on the large public sector, although the fisheries and agriculture sectors have shown signs of growth. Despite some deterioration in current account balance, external balance also has sustained a stable flow of official transfers. However, economic growth is likely to slow in the near term owing to a decline in public sector demand.
Order a print copy
Series: Country Report No. 13/16
Subject(s): Article IV consultation reports | Fiscal policy | Private sector | Fiscal sustainability | Fiscal reforms | Tax reforms | Financial sector | Real effective exchange rates | Social indicators | Economic indicators | Staff Reports | Public information notices | Micronesia, Federated States of
    Published:   January 17, 2013        
    ISBN/ISSN:   9781475548600/1934-7685   Format:   Paper
    Stock No:   1FSMEA2013001   Pages:   48
    Price:   US$18.00
Please address any questions about this title to