much statistical information was not sent to the competent services Of the Administering Authority by the authorities of the Territory. The Council recalls in this regard that the Administering Authority retains all its responsibilities in Conformity with article 6 of the Trusteeship Agreement. -38- 271. With regard to the other statistics , and in order to profit from the most extensive information possible, the Council hopes that efforts will be made to achieve a basic standard common to the four entities.' The other statistical data are in fact no less important in evaluating the Territory's economic progress. Public finance 272. The Council takes cognizance of the grant from the Administering Authority for fiscal year 1983/84, totalling $114.1 million for the Federated States Of Micronesia, the Marshall Islands and Palau and of federal categorical grants amounting to $34.9 million. 273. The Council notes with satisfaction that all functions of programme management and financial administration are performed by each Government with the technical assistance of the Administering Authority. It notes also that the introduction Of efficient mini-computers has facilitated budget preparation and execution and has ensured the administrative control of funds. 274. The Council welcomes the Administering Authority's response to the recruest, made at the Council's fifty-first session, for rescheduling Palau's request for credit. It takes note of the additional $2 million appropriated by the united States Congress in order to enable Palau to resolve a continuing financial problem. 275. The Council notes with satisfaction that the quarterly apportionment of funds for the entities has been liberalized to accommodate their needs early in the fiscal year. 276. The Council approves of the levying of import duties, as it had recommended in its 1984 report, on non-essential consumer goods. 277. In that regard, the Council takes note with interest of the progress made in the Marshall Islands in reducing significantly the cumulative deficit. 
**Analysis**
This text appears to be discussing the economic development and financial management of the Federated States of Micronesia, the Marshall Islands, and Palau, as well as the relationship between these entities and the Administering Authority. The text mentions statistics, public finance, budget preparation, and import duties, which suggests a focus on economic issues.

**Category**
Economic development, International trade