Republic of Palau: 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Republic of Palau

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Volume/Issue: Volume 2008 Issue 161
Publication date: May 2008
ISBN: 9781451831559
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , government , Palau , authorities' expenditure , financial asset , U , S , dollar , exchange rate , trust fund , consumer demand , gradual adjustment , Extra-budgetary funds , Budget planning and preparation , Foreign direct investment , Pacific Islands , Global

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Nepal
Peru
Republic of Congo : 2001 Article IV
Summary

Over the past two years, economic activity in Palau has been slowed. Executive Directors welcomed the authorities’ disciplined policies, strong financial sector legislation, and prudent management of foreign grants. They encouraged the authorities to build a strong fiscal consolidation and improve the business environment. Directors applauded the authorities’ strong efforts to reduce expenditure. They stressed the need for strengthening tax administration and commended the well regulated financial sector, and encouraged the authorities to improve the coverage, reliability, and timeliness of key economic statistics.

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