Republic of Palau: Staff Report for the 2003 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
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. 2004/085
Subject:
Capital spending Current spending Expenditure Public debt Revenue administration
English
Publication Date:
April 1, 2004
ISBN/ISSN:
9781451831481/1934-7685
Stock No:
1PLWEA0012004
Pages:
40
Please address any questions about this title to publications@imf.org