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Republic of the Marshall Islands : 2018 Article IV Consultation
Press Release; Staff Report; and Statement by the Executive Director for the Republic of the Marshall Islands

Series:Country Report No. 18/270
ISBN 9781484375723
Code: #1MHLEA2018001

Publication year: 2018

Cdn: $23.50; US: $18.00
Paperback
Language: English
58 pages
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The economy rebounded in FY2016 after a two-year recession, and growth is expected to remain robust driven by continued infrastructure investment. Overall risks remain tilted to the downside. The issuance of a decentralized digital currency as a second legal tender would increase macroeconomic and financial integrity risks, and elevate the risk of losing the last U.S. dollar correspondent banking relationship. Insufficient fiscal consolidation before the reduction of the U.S. Compact grant after FY2023 remains the main medium- to long-term risk.
Republic of the Marshall Islands : 2018 Article IV Consultation
Cdn: $23.50; US: $18.00
International Monetary Fund (IMF) BookID: 123531 Added: 2018.9.11