Federated States of Micronesia : 2012 Article IV Consultation.

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-2 1\2 percent for FY2010 and FY2011. The economy remains dependent on the large public sector, although the fisheries and agriculture sectors have shown si...

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Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund. Asia and Pacific Dept
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2013.
Σειρά:IMF Staff Country Reports; Country Report ; No. 2013/016
Διαθέσιμο Online:Full text available on IMF
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520 3 |a The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-2 1\2 percent for FY2010 and FY2011. The economy remains dependent on the large public sector, although the fisheries and agriculture sectors have shown signs of growth. Despite some deterioration in current account balance, external balance also has sustained a stable flow of official transfers. However, economic growth is likely to slow in the near term owing to a decline in public sector demand. 
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