Republic of the Marshall Islands: 2009 Article IV Consultation: Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Republic of Marshall islands on the Executive Board Discussion.
February 24, 2010
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This 2009 Article IV Consultation highlights that the economy of the Marshall Islands is on a path to recovery. A gradual expansion with growth reaching 0.5 percent in 2010 is supported by further growth in the fish processing industry and additional foreign grant assistance. Rising prices could stoke inflation and stifle domestic demand. Executive Directors have encouraged the authorities to continue to strengthen the statistical base, especially the coverage and timeliness of fiscal and balance of payments data, in order to improve policy analysis and decision-making.
Subject: Banking, Extra-budgetary funds, Income, National accounts, Public debt, Public financial management (PFM), Revenue administration
Keywords: CR, economy, Extra-budgetary funds, Global, government, IMF staff estimate, Income, ISCR, Pacific Islands, PFTAC advisor, policy, policy dialogue, prime objective, private sector growth, rising prices, RMI authorities
Pages:
44
Volume:
2010
DOI:
Issue:
051
Series:
Country Report No. 2010/051
Stock No:
1MHLEA2010001
ISBN:
9781451825954
ISSN:
1934-7685
