Solomon Islands : 2011 Article IV Consultation, Third Review Under the Stand-by Credit Facility, and Request for Arrangement Under the Stand-by Credit Facility: Staff Report; Staff Supplements; Public Information Notice and Press Releases; and Statement by the Executive Director for Solomon Islands

Publication Date: December 19, 2011
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Summary: Solomon Islands’ economy has rebounded from the 2008–09 global financial crisis. An 18-month Standby Credit Facility has been approved in June 2010 and succeeded in restoring macroeconomic and financial stability. A new resource taxation regime is the key to reap the benefits from natural resource wealth and ensure that the government receives a fair share of mining revenue. Reforms of mining legislation should be a key part of a broader set of measures to improve the investment climate and the regulatory framework.
Series: Country Report No. 11/359
Subject(s): Article IV consultation reports | Economic recovery | Extended arrangement requests | Financial sector | Fiscal reforms | Millennium Development Goals | Natural resources | Staff Reports | Timber

Publication Date: December 19, 2011
ISBN/ISSN: 9781463929909/1934-7685 Format: Paper
Stock No: 1SLBEA2011001 Pages: 95
US$18.00 (Academic Rate:
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