Cover Image
Read Now

Federated States of Micronesia Recent Economic Developments

This paper analyzes recent economic developments in the Federated States of Micronesia. Real GDP grew by a modest 1 percent in 1995, well below the average growth rate recorded during 1991–94, according to tentative estimates prepared by the IMF staff. The overall fiscal balance of the national gove...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Income
Banks
Agricultural Markets And Marketing
Agribusiness
Finance
Labour
Public Finance & Taxation
Industries: Financial Services
Financial Institutions
Wages, Compensation, And Labor Costs: General
Micro Finance Institutions
Aggregate Factor Income Distribution
Mortgages
Economic Sectors
Agriculture, Agribusiness & Food Production Industries
National Accounts
Agricultural Industries
National Government Expenditures And Related Policies: General
Labor
Expenditure
Cooperatives
Loans
Expenditures, Public
Current Spending
Macroeconomics
Agroindustries
Wages
Public Finance
Income Economics
Micronesia, Federated States Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper analyzes recent economic developments in the Federated States of Micronesia. Real GDP grew by a modest 1 percent in 1995, well below the average growth rate recorded during 1991–94, according to tentative estimates prepared by the IMF staff. The overall fiscal balance of the national government has registered surpluses for the past several years. Total revenue and grants have increased, mainly reflecting higher nontax revenue from fishing license fees from Korea and Taiwan, Province of China, and higher non-Compact grants
Physical Description:33 pages
ISBN:9781451813753

Similar Items