Trust Funds and Fiscal Risks in the North Pacific: Analysis of Trust Fund Rules and Sustainability in the Marshall Islands and the Federated States of Micronesia

Published By: Asian Development Bank | Published Date: October, 01 , 2015

This report focuses on the relatively complex account structure and drawdown rules of the two funds, which are the same in the CTFs of the RMI and the FSM. Using an investment return simulation model, this report assesses the amount, sustainability, and predictability of post-2023 income from the CTFs.

Author(s): Asian Development Bank Institute | Posted on: Jun 30, 2017 | Views() | Download (170)

Member comments


No Comments yet! Be first one to initiate it!

For permission to reproduce this paper in any way, please contact the parent institution.
Creative Commons License