Solomon Islands : First Review Under the Extended Credit Facility Arrangement—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Solomon Islands

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

August 2, 2013

Electronic Access:

Free Full text (PDF file size is 1143 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Solomon Islands’ First Review Under the Extended Credit Facility (ECF) Arrangement. The three-year arrangement under the ECF is on track. All December 2012 and continuous performance criteria have been met, except for the cash balance floor, which was temporarily missed by a small amount. The indicative target on health and education for December 2012 was also missed by a very small margin. The IMF staff recommends completion of the review and supports the authorities’ request for a waiver of the nonobservance of the cash balance floor at end-December, and the modification of end-June 2013 performance criteria.

Series:

Country Report No. 13/249

Subject:

English

Publication Date:

August 2, 2013

ISBN/ISSN:

9781484372906/1934-7685

Stock No:

1SLBEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

46

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