IMF Staff Country Reports

Samoa: 2024 Article IV Consultation-Press Release; and Staff Report

January 31, 2025

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Format: Chicago

International Monetary Fund. Asia and Pacific Dept "Samoa: 2024 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2025, 032 (2025), accessed March 3, 2025, https://doi.org/10.5089/9798229000505.002

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Summary

The Samoan economy has bounced back strongly over the last two years, supported by a recovery in tourism. Fiscal surpluses, in part due to high grant flows, have helped the country emerge from the pandemic with enhanced buffers. At the same time, several longstanding and emerging factors—including lack of economies of scale, climate vulnerabilities, ML/TF concerns, delays in the implementation of public investment due to capacity constraints, and rising outward migration—pose challenges to the economic outlook in the medium term.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Crime, External debt, Money, Public debt

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), APG plenary, Australia and New Zealand, Basket of currencies, Burden indicator, Credit, Follow-up process, Global, Help of IMF TA, Inflation risk, Pacific Islands, TF risk

Publication Details

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