Federated States of Micronesia: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Federated States of Micronesia; IMF Country Report No. 24/66; Febr
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Federated States of Micronesia: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Federated States of Micronesia; IMF Country Report No. 24/66; Febr
IMF Country Report No. 24/66 (Feb 7, 2024) on the Federated States of Micronesia surveys macro-fiscal policy, private-sector development, and climate vulnerability. Key points relevant to your interests in Micronesia’s foreign policy, politics, diplomacy, elections, economy, and security:
- Economy and growth: Private sector remains underdeveloped and highly vulnerable to shocks. Barriers include heavy regulatory burden, limited skills, aging infrastructure, unreliable energ
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