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.
December 12, 2012
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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.
Subject: Budget planning and preparation, Credit, Expenditure, External debt, Fiscal policy, Fiscal stance, Public debt, Public financial management (PFM)
Keywords: amount equivalent to SDR, Budget planning and preparation, CR, currency basket regime, ECF-supported program, firm program implementation, Fiscal stance, Global, ISCR, Pacific Islands, Standby Credit Facility arrangement, Three-Year arrangement under the Extended Credit Facility
Pages:
67
Volume:
2012
DOI:
Issue:
333
Series:
Country Report No. 2012/333
Stock No:
1SLBEA2012002
ISBN:
9781475582796
ISSN:
1934-7685
