01590cas a2200241 a 4500 AALejournalIMF000062 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451813753 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Federated States of Micronesia : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (33 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/107 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/107/002.1996.issue-107-en.xml IMF e-Library