Marshall Islands: Recent Economic Developments

October 15, 1996

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Marshall Islands: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 22, 2024

Summary

This report describes economic developments in the Marshall Islands during the 1990s. Real GDP grew by 3.7 percent in 1995. Copra production increased, owing mainly to more frequent inter-island transport services by government-owned ships. Construction activity was boosted by the availability of external concessional aid financing for a high school and a garment factory, foreign direct investment on a dry dock, and a government-sponsored 150-room hotel. Value added from the transport, communications, and energy sectors rose, owing in part to an improvement in the financial performance of government-owned enterprises.

Subject: Agroindustries, Banking, Budget planning and preparation, Economic sectors, Exports, Financial institutions, International trade, Loans, Public enterprises, Public financial management (PFM)

Keywords: Agroindustries, Air Marshall Islands, Budget planning and preparation, Cash reserves, Commercial loan, CR, Debt service, Deposit money bank, Enforcement action, Enterprise, Exports, Government enterprise, ISCR, Loan, Loans, Long-line boat, Marshall Islands authorities, National minimum wage, Pacific Islands, Price, Procurement price, Public enterprise, Public enterprises, Term lending, Terms of the compact

Publication Details

Pages:

32
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/105
Stock No:

1MHLEA0011996
ISBN:

9781451825893
ISSN:

1934-7685

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