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IMF Staff Country Reports

Republic of Palau : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Republic of Palau

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2008
INTERNATIONAL MONETARY FUND
INTERNATIONAL MONETARY FUND
1934-7685 | 2227-8907
EPUB
Country Report No. 08/161
9781452763828 | 9781452733623 | 9781452763828 | 9781462339228

Over the past two years, economic activity in Palau has been slowed. Executive Directors welcomed the authorities’ disciplined policies, strong financial sector legislation, and prudent management of foreign grants. They encouraged the authorities to build a strong fiscal consolidation and improve the business environment. Directors applauded the authorities’ strong efforts to reduce expenditure. They stressed the need for strengthening tax administration and commended the well regulated financial sector, and encouraged the authorities to improve the coverage, reliability, and timeliness of key economic statistics.

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