IMF sees climate change, DAOs, CBDC as threats to Marshall Islands, urges reforms By Cointelegraph
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The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF concluded, in a recovery from the impact of COVID-19 and the contraction of its fishing industry. Climate change and decentralized autonomous organizations (DAOs) remain a threat, however.
The RMI is spread across more than 1,000 islands in the Central Pacific region. It has an average elevation of six feet above sea level and a population of about 56,000. With a 2022 GDP of $261 million, the sale of a single fishing boat led to a drop in GDP of 4.5% that year.
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The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF concluded, in a recovery from the impact of COVID-19 and the contraction of its fishing industry. Climate change and decentralized autonomous organizations (DAOs) remain a threat, however.
The RMI is spread across more than 1,000 islands in the Central Pacific region. It has an average elevation of six feet above sea level and a population of about 56,000. With a 2022 GDP of $261 million, the sale of a single fishing boat led to a drop in GDP of 4.5% that year.
Continue Reading on Coin Telegraph
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