Samoa : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

June 30, 2003

Electronic Access:

Free Full Text (PDF file size is 1846 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2003 Article IV Consultation highlights that Samoa’s GDP growth slowed to 1.9 percent in 2001/02. This slowdown reflected mainly a steep decline in agriculture and a sharp contraction in construction activity. Although underlying inflation has remained low, headline inflation accelerated in this period, rising from 1.1 percent in 2000/01 to 9.8 percent in 2001/02 as a result of food supply shortages. Supervision in the financial sector has been enhanced by bringing all nonbank institutions under the supervisory regime of the central bank, and guidelines governing the supervision of these institutions are currently being developed.

Series:

Country Report No. 03/195

Subject:

English

Publication Date:

June 30, 2003

ISBN/ISSN:

9781451840674/1934-7685

Stock No:

1WSMEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

53

Please address any questions about this title to publications@imf.org