Solomon Islands: 2008 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion

November 14, 2008

Preview Citation

Format: Chicago

Solomon Islands: 2008 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Summary

The 2008 Article IV Consultation with Solomon Islands discusses an economic outlook that hinges critically on developing nonlogging sources of growth and exports to offset the expected decline in logging activity. The country remains beset with poor infrastructure, land ownership issues, a shortage of skilled labor, and unreliable and costly basic services. Executive Directors recommended that the central bank seek to develop financial markets further and make greater use of interest rate mechanisms of monetary control. To avoid placing undue burden on monetary policy, fiscal policy needs to play a supportive role.

Subject: Agroindustries, Balance of payments statistics, Economic sectors, External debt, Health, Inflation, Prices, Public debt

Keywords: Agroindustries, Asia and Pacific, Australia and New Zealand, CBSI staff, CR, Creating flow, Debt, GDP, Global, Inflation, ISCR, Pacific Islands, PFTAC advisor, Price, Price index, Real GDP, Reference price, Sub-Saharan Africa, Sustainability analysis

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/358
Stock No:

1SLBEA2008001
ISBN:

9781451834406
ISSN:

1934-7685

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