Iakwe and Welcome

Population

42,418
2021 Census

Balance of Payment

$-32.7M USD
2021

Key Documents

Marshall Islands

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About Us

The Economic Policy, Planning and Statistics Office is established to act as an advisory body to the government of the day on matters of the economy of the Marshall Islands, and has the responsibility for the development of sound economic policies and strategic planning, based amongst other factors, the analysis of statistical data representing the various subject matters in the area of government operations and of the communities in the Republic, as set out under Schedule 1 of the Statistics Act 1986, (10 MIRC Chapter 10).

EPPSO duties include:

  • Advise on:
    • Overall national development goals & strategies to Cabinent
    • Budget prepartion for the Ministry of Finance
  • Monitoring & evaluation of the Compact and related agreements
  • Preparing annually updated 5-year Economic Policy Statements, which identify main economic goals & objectives
  • Conducting economic & social studies, reviews and assessments