Marshall Islands - Public finance



Government revenues are derived from domestic sources and US grants. Domestic revenues are from taxes and nontax sources (fishing rights, philatelic sales, and user charges). The leading areas of expenditure include health services, education, public works, and transportation and communication.

The US Central Intelligence Agency (CIA) estimates that in 1999 the Marshall Islands' central government took in revenues of approximately $42 million and had expenditures of $40 million. Overall, the government registered a surplus of approximately $2 million. External debt totaled $86.5 million.

Also read article about Marshall Islands from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: