RMI FY24 Economic Review

This comprehensive economic review of the Republic of the Marshall Islands (RMI) presents a detailed analysis of the nation’s economic performance, fiscal trends, fisheries developments, and financial sector policies. It highlights key areas such as the impact of COVID-19 on economic contraction, fiscal performance under the amended 2023 Compact, inflation trends, wage growth, and employment changes. Additionally, the report discusses ongoing policy reforms, including tax modernization, the establishment of a new Monetary Authority, and the government's efforts to diversify and enhance the value of its fisheries sector. The review also addresses the country's debt sustainability, public financial management, and the broader fiscal outlook for the coming years. Key insights into government spending, subsidies, and long-term economic projections are included, offering a clear view of the RMI’s economic trajectory amidst evolving fiscal conditions.

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RMI FY24 Economic Review

Posted May 08, 2025

Filed Under:

RMI
EconMAP
Economic Reviews
FY24

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https://pubs.pitiviti.org/rmi-fy24

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