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 November 25, 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:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2012/333
Stock No:

1SLBEA2012002
ISBN:

9781475582796
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports