Solomon Islands: Staff Report for the 2004 Article IV Consultation
August 12, 2004
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This 2004 Article IV Consultation highlights that the government of the Solomon Islands has moved rapidly to stabilize budgetary finances since the arrival in mid-2003 of the multinational Regional Assistance Mission to the Solomon Islands (RAMSI) that has restored law and order throughout the country. The budget finished the year with a deficit of just 1½ percent of GDP, compared with 10 percent in 2002. Real GDP grew by an estimated 5 percent in 2003, helped by strong fish, copra, and cocoa production.
Subject: Arrears, Commercial banks, Expenditure, External debt, Financial institutions, Public debt
Keywords: amortization arrears, Arrears, Australia and New Zealand, Commercial banks, CR, economy, expenditure arrears, finances, government, government debt stock, government finances, government support, ISCR
Pages:
47
Volume:
2004
DOI:
Issue:
258
Series:
Country Report No. 2004/258
Stock No:
1SLBEA0022004
ISBN:
9781451834345
ISSN:
1934-7685
