Solomon Islands: Staff Report for the 2013 Article IV consultation and Second Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criterion

Publication Date: January 22, 2014
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Summary: This 2013 Article IV Consultation highlights that economic growth in Solomon Islands is slowly rebounding from the slowdown of the first half of 2013, when agriculture, logging, and gold production fell, owing mainly to unfavorable weather developments, lower terms of trade, and one-off factors. Real GDP growth is projected at 2.9 percent for 2013 and 4 percent for 2014. Risks are tilted to the downside, including from lower external demand and grants. Inflation has stabilized at about 6.5 percent and is expected to fall gradually as agricultural prices react to the recovery of production.
Series: Country Report No. 14/12
Subject(s): Article IV consultation reports | Economic growth | Infrastructure | Fiscal policy | Monetary policy | Reserves adequacy | Exchange rate assessments | Economic indicators | Extended Credit Facility | Debt sustainability analysis | Staff Reports | Press releases | Solomon Islands

Publication Date: January 22, 2014
ISBN/ISSN: 9781484374023/1934-7685 Format: Paper
Stock No: 1SLBEA2014001 Pages: 99
US$18.00 (Academic Rate:
US$18.00 )
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