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Association of Pacific Island Public Auditors Successfully Completes 35th Annual Conference Over 400 Attendees Focus on Bridging the Gap of Public Accountability and Transparency
Oct 02, 2024
Monique
Palau FY24 Economic Review
<p>The <strong>Palau Economic Review 2024</strong> provides a comprehensive analysis of Palau's economic performance, policy environment, and future outlook. The report highlights key factors such as an 8.3% projected GDP growth for FY2024 as the economy recovers from the impact of COVID-19. It examines challenges like high inflation, a weak tourism recovery, and the fiscal effects of tax reform, which introduced the Palau Goods and Services Tax (PGST). The report also addresses critical areas such as external debt, public financial management, and social security risks, offering valuable insights for policymakers, investors, and stakeholders in Palau's economic future. Download the full review to explore the detailed analysis and recommendations.</p>
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Palau FY24 Economic Review
Posted Oct 21, 2024
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The Palau Economic Review 2024 provides a comprehensive analysis of Palau's economic performance, policy environment, and future outlook. The report highlights key factors such as an 8.3% projected GDP growth for FY2024 as the economy recovers from the impact of COVID-19. It examines challenges like high inflation, a weak tourism recovery, and the fiscal effects of tax reform, which introduced the Palau Goods and Services Tax (PGST). The report also addresses critical areas such as external debt, public financial management, and social security risks, offering valuable insights for policymakers, investors, and stakeholders in Palau's economic future. Download the full review to explore the detailed analysis and recommendations.
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Palau FY23 Economic Review
Posted Jan 19, 2024 | version 1
The 2023 Palau Economic Review provides an overview of the recent economic performance of the Republic of Palau, including information on gross national income, employment, inflation, and wages. It discusses the impact of COVID-19 mitigation programs on household incomes, tourism developments and policy, fiscal performance and reform, external debt, public financial management, state-owned enterprise reform, the financial sector, private sector development, compact renewal, and the economic and fiscal outlook. The document also addresses policy issues and statistical issues. It is a comprehensive assessment of Palau's economic performance and policy environment, providing valuable insights for policymakers and researchers.
Palau Country Focus: The Economic Impact of the End of Compact Grant Assistance
Posted Aug 12, 2021 | version 4
This study, commissioned by the Asian Development Bank (ADB), examines the economic impact of the Republic of Palau's Compact of Free Association and Renewal with the United States. Updated in April 2023, the report analyzes the structural features, trends, and preparedness of Palau's economy. The report also provides projections for Palau's economic growth and development, taking into account various scenarios and factors such as tourism, infrastructure funding, and fiscal balance. The report concludes with observations and recommendations to improve Palau's economic sustainability and resilience.
October 11, 2024
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