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

Preview Citation

Format: Chicago

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., (USA: International Monetary Fund, 2012) accessed December 24, 2024

Summary

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

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/333
Stock No:

1SLBEA2012002
ISBN:

9781475582796
ISSN:

1934-7685

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