Republic of Palau National Assessment Report
| Author | : Palau |
| Publisher | : |
| Total Pages | : 152 |
| Release | : 2014 |
| Genre | : Sustainable development |
| ISBN | : |
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Private Sector Assessment for Palau
| Author | : Asian Development Bank |
| Publisher | : Asian Development Bank |
| Total Pages | : 68 |
| Release | : 2017-02-01 |
| Genre | : Business & Economics |
| ISBN | : 9292577565 |
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Palau's economy expanded strongly, with real gross domestic product (GDP) rising 5.3% in 2014 and 8.2% in 2015. Per capita GDP also increased; at the end of fiscal year 2015 it was in excess of $16,000---the highest among Asian Development Bank developing members in the Pacific. This strong performance, however, masks urgent issues threatening the sustainability of Palau's economy. This private sector assessment is based on in-depth consultation with the government and private sector. It recommends further reform, most notably in the areas of tourism policies and business law, as well as in the agriculture and finance sectors. It suggests that Palau's state-owned enterprises are inefficient and need to operate on commercial principles. Measures to promote equal access to economic opportunities for women and fiber optic connectivity with other countries are also provided.
Palau National Master Development Plan : B Final Report, the Found Ation for Development: August 1995
| Author | : |
| Publisher | : |
| Total Pages | : 678 |
| Release | : 1995 |
| Genre | : Industries |
| ISBN | : |
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Palau National Master Development Plan : B Final Report, the Found Ation for Development: April 1996
| Author | : |
| Publisher | : |
| Total Pages | : 648 |
| Release | : 1995 |
| Genre | : Palau |
| ISBN | : |
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Palau
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 268 |
| Release | : 2009-01-13 |
| Genre | : Social Science |
| ISBN | : 1451831587 |
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Palau’s detailed assessment report on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) has been examined. Palau has strengthened its AML/CFT legislative framework that has been in place since 2001 with the amendments to the Money Laundering and Proceeds of Crime Act of 2001 (MLPCA) and the Financial Institutions Act of 2001, as well as the enactments of the Counter-Terrorism Act of 2007 and the Cash Courier Disclosure Act of 2007. The offense of money laundering is criminalized in the MLPCA.
Palau National Master Development Plan
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 1995 |
| Genre | : Palau |
| ISBN | : |
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Annual Report of the Republic of Palau on the Implementation of the Compact of Free Association
| Author | : Palau |
| Publisher | : |
| Total Pages | : 88 |
| Release | : 2001 |
| Genre | : Economic assistance, American |
| ISBN | : |
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Republic of Palau
| Author | : International Monetary Fund. Fiscal Affairs Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 12 |
| Release | : 2024-08-16 |
| Genre | : |
| ISBN | : |
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Upon the authorities’ request, the IMF’s Fiscal Affairs Department provided technical assistance to Palau on implementing the recommendations of the technical report produced by the November 2023 mission on government compensation and employment. The creation of the Employment and Compensation Committee (ECC) demonstrated the authorities’ commitment to reform and the mission supports the authorities’ proposal to reorganize the ECC into a Steering Committee and a Working Group. Before awarding pay increases to address issues of recruitment and retention, the government needs to assess its fiscal space and determine its expenditure priorities. The importance of systematically and prominently advertising vacancies online cannot be overstated. Human resource laws and regulations are generally fit for purpose, but current practices governing new position creation and recruitment merit review by the ECC with support from FAD.
Republic of Palau: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Palau
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 76 |
| Release | : 2021-12-09 |
| Genre | : Business & Economics |
| ISBN | : 1616357185 |
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The COVID-19 pandemic and related containment measures have severely impacted the economy. Border closure and the suspension of commercial flights curtailed tourist arrivals. Real GDP contracted by 9.7 percent in FY2020, notwithstanding policy support. The economic contraction is estimated to have deepened in FY2021, and a gradual recovery is expected in FY2022 as tourism activities resume. While Palau’s public debt remains sustainable, the economic fallout of the pandemic and the cost of the fiscal response have led to a sharp deterioration of the fiscal position and a rapid increase in public debt. The high share of concessional loans from multilateral creditors in Palau’s external debt is an important risk mitigating factor. Palau is vulnerable to climate change and natural disasters.
Republic of Palau
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 81 |
| Release | : 2023-12-21 |
| Genre | : Business & Economics |
| ISBN | : |
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Palau has emerged from the pandemic with significant output loss, elevated public debt and historically high inflation. Adverse demographic trends, high dependence on tourism and external support, and vulnerability to climate change risks raise vulnerabilities. The authorities successfully enacted a fiscal responsibility framework and modernized the tax system. A new Compact Review Agreement (CRA-23), with better financial terms, is awaiting approval by US Congress.
