Solomon Islands: Recent Economic Developments

August 26, 1996

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Solomon Islands: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 12, 2024

Summary

This report describes economic developments in the Solomon Islands during the 1990s. Developments in the real sector were dominated by a broad-based export boom, which stemmed, in large part, from a continuing increase in the rate of extraction of forestry resources. Although economic growth was spurred by surging fish exports in 1994–95, logging also made a significant contribution to growth, with log exports rising to a new record in 1995. Inflation eased somewhat in 1995, reflecting slowing import price increases and an increasing supply of local food crops.

Subject: Agroindustries, Banking, Commercial banks, Economic sectors, Exports, External debt, Financial institutions, International trade, Public debt

Keywords: Agroindustries, Commercial bank, Commercial banks, CR, Export, Export boom, Export tax receipt, Exports, Fish export, Interest rate, ISCR, Liquid asset, Log export, Market loan rate, Narrow money, Outstanding balance, Pacific Islands, Public finance, Rate, Rate of inflation

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/074
Stock No:

1SLBEA0011996
ISBN:

9781451834314
ISSN:

1934-7685

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