Samoa: Staff Report of the 2005 Article IV Consultation
IMF Staff Country Reports, June 29, 2005
Source details
- Canonical URL
- Samoa: Staff Report of the 2005 Article IV Consultation
Other formats
Bibliographic details
- Published: June 29, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451840711.002
Summary
- The 2005 Article IV Consultation for Samoa reports that the combination of sound economic management and structural reform had led to robust growth, low inflation, sound public finances, and a comfortable external position.
- With continued commitment to sound macroeconomic and reform policies, Samoa became one of the best managed economies in the Pacific Island region.
- The level of public debt has steadily declined from more than 90 percent to about 50 percent.
- Samoa also made progress toward the Millennium Development Goals.
Key findings and indicators
- Robust growth.
- Low inflation.
- Sound public finances.
- Comfortable external position.
- Public debt decline: from more than 90 percent to about 50 percent.
- Progress toward the Millennium Development Goals.
Policy areas and subjects covered
- Balance of payments
- Budget planning and preparation
- Exports
- Imports
- International trade
- Labor
- Public financial management (PFM)
- Remittances
- Wage adjustments
Keywords and focal issues
- authority
- budget
- Budget planning and preparation
- cost
- CR
- debt outlook
- deficit
- deficit target
- Exports
- Imports
- ISCR
- loss-making Polynesian Airlines
- minority interest
- Pacific Islands
- Remittances
- restructuring cost
- Wage adjustments
Content in this bundle
- _cr05220 — Executive Summary and Selected Findings