Republic of Palau: 2010 Article IV Consultation: Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Republic of Palau on the Executive Board Discussion.

Publication Date:

May 13, 2010

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The key findings of the Republic of Palau’s 2010 Article IV Consultation shows that the single most important issue in Palau remains fiscal policy, including its effect on medium-term growth, as fiscal consolidation proceeds. The global financial crisis followed on the heels of a massive terms-of-trade shock, leading to a sharp curtailment of foreign direct investment and private credit. Tourism tumbled following an airline bankruptcy, and construction activity fell as major infrastructure projects reached completion.

Series:

Country Report No. 2010/116

Subject:

Frequency:

Monthly

English

Publication Date:

May 13, 2010

ISBN/ISSN:

9781455207923/1934-7685

Stock No:

1PLWEA2010001

Pages:

46

Please address any questions about this title to publications@imf.org