Republic of Nauru : 2017 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for the Republic of Nauru.

This 2017 Article IV Consultation highlights Nauru's growth and a substantial improvement in government revenue in recent years thanks to processing of asylum seekers by the Australian Regional Processing Center (RPC), fishing license fees, and residual phosphate mining. In the near term, GDP g...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Asia and Pacific Dept
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF Staff Country Reports; Country Report ; No. 2017/082
Acceso en línea:Full text available on IMF
Descripción
Sumario:This 2017 Article IV Consultation highlights Nauru's growth and a substantial improvement in government revenue in recent years thanks to processing of asylum seekers by the Australian Regional Processing Center (RPC), fishing license fees, and residual phosphate mining. In the near term, GDP growth is projected to be moderate at 4 percent in fiscal year 2017 (ending June 30) mainly due to a slowdown in phosphate exports and limited expansion of the RPC. The medium-term outlook is vulnerable to scaling down of the RPC following the expected transfer of refugees to other countries, which will produce a substantial decline in RPC revenue.
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Descripción Física:1 online resource (48 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students