01915cas a2200241 a 4500 AALejournalIMF014187 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616355265 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Republic of the Marshall Islands : Staff Report for the 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (57 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 Informational Annex highlights the Marshall Islands' existing tax system's inability to raise additional revenue, discouragement of private investment, and inequitability. Careful consideration needs to be given to the potential of a comprehensive tax reform program, including strengthening tax administration, for raising additional revenue while supporting the private sector. Many state-owned enterprises (SOEs) are a drain on public finances, and their unreliable or costly services undermine private sector development. To improve their performance, reforms are needed to strengthen efficiency, better delineate commercial and noncommercial services, and introduce tariff systems that better reflect cost of services. In areas where SOEs provide purely commercial services, divestment should be considered. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/026 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/026/002.2014.issue-026-en.xml IMF e-Library