Marshall Islands: Recent Economic Developments
Summary:
This report describes economic developments in the Marshall Islands during the 1990s. Real GDP grew by 3.7 percent in 1995. Copra production increased, owing mainly to more frequent inter-island transport services by government-owned ships. Construction activity was boosted by the availability of external concessional aid financing for a high school and a garment factory, foreign direct investment on a dry dock, and a government-sponsored 150-room hotel. Value added from the transport, communications, and energy sectors rose, owing in part to an improvement in the financial performance of government-owned enterprises.
Series:
Country Report No. 1996/105
Subject:
Agroindustries Banking Budget planning and preparation Economic sectors Exports Financial institutions International trade Loans Public enterprises Public financial management (PFM)
English
Publication Date:
October 15, 1996
ISBN/ISSN:
9781451825893/1934-7685
Stock No:
1MHLEA0011996
Pages:
32
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