01650cas a2200241 a 4500 AALejournalIMF005673 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451813838 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Federated States of Micronesia : 2008 Article IV Consultation; Staff Report; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (40 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 The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic developments and policies. Growth could recover modestly in the near term as falling commodity prices boost real incomes and progress is made on spending unused compact infrastructure grants. The authorities have limited tools to address risks from the global slowdown. Given the urgency of fiscal consolidation, expenditures should be streamlined and preparations for the comprehensive tax reform intensified. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/081 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/081/002.2009.issue-081-en.xml IMF e-Library