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Island Finance in Focus: Advancing Timely Audits and Regional Coordination at the IGFOA 2023 Winter Meeting
Dec 21, 2023
Monique
Second Report of the Palau Economic Advisory Group
<span style="font-size:11.0pt"><span style="font-family:"Calibri",sans-serif">The Economic Advisory Group (EAG) for Palau's second annual report details progress and recommendations from May 2023 to April 2024. The report emphasizes the EAG's role in advising on economic, fiscal, and developmental strategies for Palau, in alignment with the 2023 Compact Review Agreement. During this period, the EAG engaged with the Palau diaspora, as well as various U.S. and Japanese entities to enhance economic development and cooperation. The report also highlights ongoing efforts to adjust economic policies to support sustainable growth and address fiscal challenges, ensuring a stable foundation for future economic and developmental endeavors in Palau.</span></span>
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Palau
Second Report of the Palau Economic Advisory Group
Posted May 06, 2024
Filed Under:
The Economic Advisory Group (EAG) for Palau's second annual report details progress and recommendations from May 2023 to April 2024. The report emphasizes the EAG's role in advising on economic, fiscal, and developmental strategies for Palau, in alignment with the 2023 Compact Review Agreement. During this period, the EAG engaged with the Palau diaspora, as well as various U.S. and Japanese entities to enhance economic development and cooperation. The report also highlights ongoing efforts to adjust economic policies to support sustainable growth and address fiscal challenges, ensuring a stable foundation for future economic and developmental endeavors in Palau.
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The 2022 Palau Economic Brief is produced annually to present an independent assessment of the Republic of Palau’s economic performance and policy environment, as well as independently verified economic statistics. With funding support from the U.S. Department of the Interior's Office of Insular Affairs, this brief has been developed by the Graduate School USA's Economic Monitoring and Analysis Program (EconMAP) to assist the government of Palau and the government of the United States to fulfill their respective reporting requirements under Palau’s Compact of Free Association with the United States. The review summarizes recent economic performance in light of the impact of COVID, sectoral issues, external debt, fiscal performance and policy, public financial management, state-owned enterprise reform, the financial sector, private sector development, Compact issues, and presents an economic outlook.
June 8 - 13, 2024
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