Republic of Palau: Staff Report for the 2003 Article IV Consultation

April 1, 2004

Preview Citation

Format: Chicago

Republic of Palau: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 22, 2024

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.

Subject: Capital spending, Current spending, Expenditure, Public debt, Revenue administration

Keywords: Capital spending, Cash grant, Cost reduction plan, CR, Current spending, Debt management capacity, Economy, Government, Grant, IMF staff estimate, ISCR, Pacific Islands, Paluan authorities, Tourism competitiveness

Publication Details

Pages:

40
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2004/085
Stock No:

1PLWEA0012004
ISBN:

9781451831481
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports