Republic of Palau: 2010 Article IV Consultation: Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Republic of Palau on the Executive Board Discussion.
Electronic Access:
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Summary:
The key findings of the Republic of Palau’s 2010 Article IV Consultation shows that the single most important issue in Palau remains fiscal policy, including its effect on medium-term growth, as fiscal consolidation proceeds. The global financial crisis followed on the heels of a massive terms-of-trade shock, leading to a sharp curtailment of foreign direct investment and private credit. Tourism tumbled following an airline bankruptcy, and construction activity fell as major infrastructure projects reached completion.
Series:
Country Report No. 2010/116
Subject:
Budget planning and preparation Expenditure Extra-budgetary funds Fiscal policy National accounts Public financial management (PFM) Revenue administration
Frequency:
Monthly
English
Publication Date:
May 13, 2010
ISBN/ISSN:
9781455207923/1934-7685
Stock No:
1PLWEA2010001
Pages:
46
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