IMF Staff Country Reports

Solomon Islands : Second Review Under the Standby Credit Facility and Request for a Three-Year Arrangement Under the Extended Credit Facility—Staff Report; Staff Supplement; 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:

December 12, 2012

Electronic Access:

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Summary:

This paper is an account of the economic conditions of the Solomon Islands. The macroeconomic situation has shown a considerable expansion in recent years with the external buffers intact. Although the Islands have shown good growth, the IMF staff expects only a moderate performance in 2013 and 2014 owing to the euro area crisis. However, the state has prepared for any downside risks, and approaches the macroeconomic circumstances with a positive outlook. The Executive Board admires the efforts of the Islands.

Series:

Country Report No. 12/333

Subject:

Bank supervision Debt sustainability analysis Economic growth Economic indicators Extended arrangement requests Extended Credit Facility Fiscal policy Government expenditures Mining sector Monetary policy Press releases Solomon Islands Staff Reports Standby Credit Facility