Solomon Islands: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Solomon Islands
IMF Staff Country Reports, November 8, 2018
Source details
- Canonical URL
- Solomon Islands: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Solomon Islands
Other formats
Bibliographic details
- Published: November 8, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484383797.002
Overview
- Publication date: November 8, 2018
- Core summary:
- Solomon Islands has made substantial progress since the Tensions in the early 2000s but faces considerable economic and governance challenges and is highly vulnerable to natural disasters.
- The logging industry confronts depletion and new sources of growth are needed.
- Governance challenges are significant, stemming from weak oversight of the resource sectors, a lack of transparency and a need to strengthen public financial management.
Major findings and risks
- Economic structure and growth:
- The logging industry is facing depletion and cannot be relied upon as a long-term engine of growth; new sources of growth are required.
- Governance and public financial management:
- Weak oversight of the resource sectors.
- Lack of transparency in governance.
- Need to strengthen public financial management (PFM).
- Vulnerabilities:
- High vulnerability to natural disasters.
- Thematic subjects covered:
- Agroindustries, Contingent liabilities, Economic sectors, Expenditure, External debt, Public debt, Public financial management (PFM)
Publication metadata and identifiers
- Series: Country Report No. 2018/309
- Issue: 309
- Volume: 2018
- Pages: 77
- ISBN: 9781484383797
- ISSN: 1934-7685
- Stock No: 1SLBEA2018003
- DOI: https://doi.org/10.5089/9781484383797.002
- Format availability noted: Download PDF; More Formats on IMF eLibrary; Order a Print Copy
- Citation example provided in source: International Monetary Fund. Asia and Pacific Dept "Solomon Islands: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Solomon Islands", IMF Staff Country Reports 2018, 309 (2018), accessed 9/12/2026, https://doi.org/10.5089/9781484383797.002
International Monetary Fund. Solomon Islands: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Solomon Islands (IMF Staff Country Reports 2018, 309), November 8, 2018.
Content in this bundle
- Country Report