Federated States of Micronesia : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion.
This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 1 1\2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has deteriorated, despite a decline in the overall deficit. Executive Directors have recom...
| निगमित लेखक: | |
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| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2007.
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| श्रृंखला: | IMF Staff Country Reports; Country Report ;
No. 2007/106 |
| ऑनलाइन पहुंच: | Full text available on IMF |
| सारांश: | This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 1 1\2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has deteriorated, despite a decline in the overall deficit. Executive Directors have recommended that spending cuts and comprehensive tax reforms be phased in to secure fiscal sustainability. Priority should be given to reducing the public sector wage bill, which is large by regional standards, possibly in the context of a broad reform of the public sector. |
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| वस्तु वर्णन: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| भौतिक वर्णन: | 1 online resource (41 pages) |
| स्वरूप: | Mode of access: Internet |
| आईएसएसएन: | 1934-7685 |
| अभिगमन: | Electronic access restricted to authorized BRAC University faculty, staff and students |