Federated States of Micronesia : Staff Report for the 2002 Article IV Consultation.

This 2002 Article IV Consultation highlights that the economic activity in the Federated States of Micronesia (FSM) is estimated to have slowed. Despite the use of the bump-up funds by some of the FSM's four state governments to boost spending during FY2002, GDP is estimated to have grown only...

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Dades bibliogràfiques
Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2003.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2003/023
Accés en línia:Full text available on IMF
Descripció
Sumari:This 2002 Article IV Consultation highlights that the economic activity in the Federated States of Micronesia (FSM) is estimated to have slowed. Despite the use of the bump-up funds by some of the FSM's four state governments to boost spending during FY2002, GDP is estimated to have grown only by 0.8 percent. The fiscal stimulus appears to have been mostly offset by an emerging fiscal crisis in Chuuk and a 'wait and see' attitude of the private sector in the face of uncertainty associated with the new Compact of Free Association.
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Descripció física:1 online resource (50 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students