| Description |
1 online resource (58 pages) : color illustrations |
| Series |
IMF country report ; no. 16/260 |
|
IMF country report ; no. 16/260.
|
| Contents |
Cover; CONTENTS; BACKGROUND; DEVELOPMENTS, OUTLOOK AND RISKS; A. Recent Developments and Outlook; B. External Stability; C. Risks and Spillover; SECURING FISCAL SUSTAINABILITY; ADAPTING TO CLIMATE CHANGE; FACILITATING PRIVATE SECTOR GROWTH; ENHANCING FINANCIAL STABILITY; STAFF APPRAISAL; BOXES; 1. Implications of Climate Change; 2. External Sector Assessment; 3. SOE Reforms; 4. Withdrawal of CBRs; FIGURES; 1. Real Sector Developments; 2. Fiscal Developments; 3. External and Credit Developments; TABLES; 1. Basic Data, FY2012-21; 2. Statement of Government Operations, FY2012-21 |
|
3. Balance of Payments, FY2012-214. External and Financial Sector Vulnerability Indicators, FY2012-21; 5. Deposit Money Banks, FY2012-15; APPENDICES; I. The Compact Trust Fund and Its Long-term Outlook; II. Main Recommendations of the 2013 Article IV Consultation; III. MDG and Strategic Surveillance Matrix; IV. Risk Assessment Matrix; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; RELATIONS WITH THE PACIFIC FINANCIAL TECHNICAL ASSISTANCE CENTRE; STATISTICAL ISSUES |
| Summary |
This 2016 Article IV Consultation highlights that the economy of the Marshall Islands is estimated to have expanded by about 0.5 percent in FY2015 (ending September 30), as the fishery sector recovered. Following a moderate inflation of 1.1 percent in FY2014, headline inflation dropped to --2.2 percent in FY2015 amid falling oil and utility prices. The fiscal balance is estimated to have recorded a surplus of about 3 percent of GDP in FY2014--15, owing to record-high fishing license fees. Growth is expected to rise to about 1.5 percent and inflation to about 0.5 percent in FY2016, as the effects of the drought in earlier 2016 are offset by the resumption of infrastructure projects |
| Notes |
"July 2016." |
|
Description based on online resource; title from pdf title page (IMF website, viewed September 8, 2016) |
| Subject |
International Monetary Fund -- Marshall Islands
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic development -- Marshall Islands
|
|
Fiscal policy -- Marshall Islands
|
|
Fisheries -- Marshall Islands
|
|
Economic development
|
|
Economic policy
|
|
Fiscal policy
|
|
Fisheries
|
| SUBJECT |
Marshall Islands -- Economic policy
|
| Subject |
Marshall Islands
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. publisher.
|
| ISBN |
9781475520521 |
|
1475520522 |
|
