## Solomon Islands: 2026 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, July 7, 2026_

## Source details

**Canonical URL:** [Solomon Islands: 2026 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2026/07/06/solomon-islands-2026-article-iv-consultation-press-release-and-staff-report-577502)

## Other formats

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## Bibliographic details
- Published: July 7, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229052214.002

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### Macroeconomic outlook and shocks
- Growth is expected to slow to 2.6 percent in 2026, weighed down by the war in the Middle East.
- Inflation is expected to rise to an average of 5.4 percent.
- Temporary measures to mitigate the effects of the Middle East conflict should remain targeted, time-bound, and well-coordinated with development partners.

### Fiscal policy and public financial management
- Weak public financial management and governance continue to constrain effective policy implementation, underscoring the need for a comprehensive reform agenda to strengthen macroeconomic stability and support sustainable growth.
- Fiscal policy priorities:
  - Reduce deficits.
  - Rebuild liquidity buffers.
  - Adopt realistic, fully financed budgets within a transparent medium-term fiscal framework.
  - Avoid further delays in implementing a value-added tax.

### Monetary policy and exchange rate management
- Monetary policy should remain responsive to inflationary risks.
- Support monetary policy with gradual modernization of policy operations.
- Absorb excess banking system liquidity carefully without relying on ad hoc exchange rate adjustments.

### Financial sector and stability
- The financial sector remains broadly resilient.
- Priority actions:
  - Strengthen financial stability.
  - Strengthen financial integrity.
  - Promote financial inclusion.

### Structural reforms and data
- Accelerate structural reforms to improve:
  - Productivity.
  - Infrastructure.
  - Governance.
  - Climate resilience.
  - The business environment.
- Close critical data gaps to enhance long-term growth and policy effectiveness.

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## Content in this bundle

- **1slbea2026001**
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_Source: https://www.imf.org/en/publications/cr/issues/2026/07/06/solomon-islands-2026-article-iv-consultation-press-release-and-staff-report-577502_