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PITI-VITI News Items
Island Governments Address Audit and Workforce Challenges at IGFOA 2024 Winter Meeting
Dec 19, 2024
Tax Reform Impact Calculator (TRIC)
Posted May 10, 2024 | version 2
The Graduate School USA has prepared an Excel-based policy modeling tool called Tax Reform Impact Calculator (TRIC) which is used to simulate different assumptions and estimate the impact of a proposed tax reform policy. Specifically designed for the context of the RMI, the TRIC works out ...
Minimum Wage in the Republic of the Marshall Islands (RMI)
Posted Mar 18, 2024
This Technical Note, prepared by the Graduate School USA's Economic Monitoring and Analysis Program (EconMAP) team, reviews establishment of an appropriate minimum wage in the Republic of the Marshall Islands (RMI) based on the Basic Needs Poverty Line (BNPL). It outlines the need for ...
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RMI FY23 Economic Review
Posted Mar 01, 2024 | version 2
The 2023 RMI Economic Review presents an in-depth analysis of the Republic of the Marshall Islands' economic status, focusing on developments and challenges throughout 2023, while also forecasting into 2024. The review examines various sectors including fiscal policies, fisheries, ...
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RMI Performeter FY21
Posted Jan 04, 2024
This is the Performeter calculation for the Republic of the Marshall Islands based on Fiscal Year 2021 financials. The Performeter is a analytical tool that converts a government’s financial statements into useful and understandable measures of financial performance. Financial ratios ...
Marshall Islands Country Focus: Economic Impact of the Compact and Renewal
Posted Jun 15, 2023 | version 4
This study, commissioned by the Asian Development Bank (ADB), examines the economic impact of the Republic of the Marshall Islands's Compact of Free Association and Renewal with the United States. Updated in April 2023, the report analyzes the structural features, trends, and prepar ...