Samoa: 2012 Article IV Consultation-Staff Report, Informational Annex, Debt Sustainability Analysis, Public Information Notice, Statement by the Executive Director for Samoa
IMF Staff Country Reports, August 29, 2012
Source details
- Canonical URL
- Samoa: 2012 Article IV Consultation-Staff Report, Informational Annex, Debt Sustainability Analysis, Public Information Notice, Statement by the Executive Director for Samoa
Other formats
Bibliographic details
- Published: August 29, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475506655.002
Economic performance and outlook
- Real GDP expanded by 2 percent in 2010–11 after two consecutive years of contraction.
- The economy showed signs of slowing down amid rising inflation.
- After a moderate recovery in 2010–11, growth momentum weakened (no further numerical projections provided in the source content).
Monetary and financial conditions
- The Central Bank of Samoa has maintained an accommodative monetary policy to support economic activity.
- Staff assessment highlights the need to ensure financial stability alongside supporting growth (no detailed stress-test or banking-sector metrics provided in the source content).
Structural reforms and land use
- Continued structural reforms are required to lift Samoa’s economic growth and to ensure financial stability.
- Considerable progress has been made in tapping customary land for productive use.
Key thematic areas covered (subjects and keywords)
- Subjects: Exchange rate adjustments; Exchange rates; External debt; Foreign exchange; Inflation; Prices; Public debt.
- Keywords: banking sector liquidity; central bank of Samoa; CR; deficit; Europe; exchange rate; Exchange rate adjustments; Exchange rates; Global; IMF staff estimate; Inflation; ISCR; Pacific Islands; real GDP; Staff exchange rate assessment; U.S. dollar; unit trust.
Publication and document facts
- Publication date: August 29, 2012
- Pages: 63
- Volume: 2012
- Issue: 250
- Series: Country Report No. 2012/250
- DOI: https://doi.org/10.5089/9781475506655.002
- ISBN: 9781475506655
- ISSN: 1934-7685
Source: Samoa: 2012 Article IV Consultation-Staff Report, Informational Annex, Debt Sustainability Analysis, Public Information Notice, Statement by the Executive Director for Samoa
Content in this bundle
- Samoa: Staff Report for the 2012 Article IV consultation; IMF Country Report 12/250; June 1, 2012