Federated States of Micronesia : Recent Economic Developments.
This paper reviews economic developments in the Federated States of Micronesia during 1994-97. Real GDP growth, which has been sluggish in recent years, contracted by 4 percent in FY1997. This mainly reflects a sharp reduction in government expenditures under the reform program implemented by the na...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1998/086 |
| Online Access: | Full text available on IMF |