01621cas a2200241 a 4500 AALejournalIMF013309 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475548600 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Federated States of Micronesia : 2012 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (48 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 Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-2 1\2 percent for FY2010 and FY2011. The economy remains dependent on the large public sector, although the fisheries and agriculture sectors have shown signs of growth. Despite some deterioration in current account balance, external balance also has sustained a stable flow of official transfers. However, economic growth is likely to slow in the near term owing to a decline in public sector demand. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/016 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/016/002.2013.issue-016-en.xml IMF e-Library