Samoa : 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

June 4, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Samoa has demonstrated resilience in the face of multiple external shocks. Growth remains robust, but is expected to temporarily moderate before rebounding. Inflation has picked up but remains below the authorities’ target of 3 percent. The authorities have made efforts towards fiscal consolidation in recent years, but the fiscal position loosened in 2016/17 and Samoa remains at high risk of debt distress. Samoa remains vulnerable to natural disasters and to the partial withdrawal of correspondent banking relationships (CBRs). The authorities are implementing mitigation measures to address these risks.

Series:

Country Report No. 18/145

Subject:

English

Publication Date:

June 4, 2018

ISBN/ISSN:

9781484359242/1934-7685

Stock No:

1WSMEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

71

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