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Republic of Palau [electronic resource] : 2003 Article IV Consultation—Staff Report; and Public Information Notice on the Executive Board Discussion.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2004.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 04/85.
IMF Staff Country Reports; Country Report No. 04/85
Format/Description:
Government document
Book
1 online resource (40 p.)
Local subjects:
Article IV consultations.
Budget constraint.
Budget constraints.
Budget deficit.
Capital expenditure.
Capital expenditures.
Debt service.
Debt-service.
Expenditure.
Expenditure adjustment.
Expenditure commitments.
Expenditure cuts.
Expenditure reduction.
Expenditures.
Fiscal adjustment.
Fiscal balance.
Fiscal consolidation.
Fiscal data.
Fiscal deficit.
Fiscal deficits.
Fiscal imbalances.
Fiscal indicators.
Fiscal policy.
Fiscal retrenchment.
Fiscal situation.
Fiscal surpluses.
Fiscal sustainability.
Fiscal years.
Government expenditure.
Government revenue.
Medium-term fiscal sustainability.
Public debt.
Public finance.
Public financial management.
Public sector wage bill.
Revenue collection.
Spending cuts.
Staff Reports.
Tax administration.
Tax base.
Tax reform.
Tax revenue.
Tax structure.
Tax system.
Taxation.
Total expenditure.
Wage expenditures.
Palau.
Summary:
The Republic of Palau is a small island economy, heavily dependent on tourism and external assistance. Economic growth has been modest in the last few years and inflation is low. The authorities launched a wide range of reform initiatives since 2001, but several important ones have stalled in the legislative process. Although the banking regulatory framework still needs improvements for effective implementation, a tax reform package, a new foreign investment law, a statistics law, and proposals related to streamlining the executive and legislative branch have not yet been enacted.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
145183148X:
9781451831481
ISSN:
1934-7685
Publisher Number:
10.5089/9781451831481.002
Access Restriction:
Restricted for use by site license.
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