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Top Attractions in Marshall Islands

Marshall Islands 2011

Posted on March 8, 2021April 24, 2022 by internetsailors

Yearbook 2011

Top Attractions in Marshall Islands

Marshall Islands. In October, the Marshall Islands created the world’s largest shark sanctuary and introduced a total ban on shark fishing in their waters. According to Countryaah official site, the protection area is close to 2 million square kilometers, just over four times the size of Sweden. The shark is seriously threatened by fishing, about a third of the sharks are red listed. Sharks are particularly susceptible to fishing as they reproduce and grow slowly. In recent years, several sanctuaries have been created for the predator fish, including in nearby Palau 2009. The new Marshall Islands law means that fishing and trading of shark in the country is prohibited. Anyone who catches a shark has to let go of the living, and anyone who defies the fishing ban runs the risk of fines. Some harmful fishing gear has also been banned in the waters of the Marshall Islands. Visit ABBREVIATIONFINDER for the acronym of MHL that stands for the country of Marshall Islands.

Economy

Inflation rate 0.00%
Unemployment rate 36%
Gross domestic product (GDP) 196,000,000 USD
GDP growth rate 2.50%
GDP per capita 3,600 USD
GDP by sector
Agriculture 4.40%
Industry 9.90%
Service 85.70%
State budget
Revenue 42 million
Expenditure 40 million
Proportion of the population below the national poverty line –
Distribution of household income
Top 10% k. A.
Lower 10% k. A.
Industrial production growth rate
Investment volume
National debt 25.50% of GDP
Foreign exchange reserves
Tourism 2012
Visitors 5,000
Revenue $ 5,400,000

 

On November 21, parliamentary elections were held. The turnout was reported to be high. The result was delayed because waiting for the postal votes from the US, where about a fifth of Micronesia lives.

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