Solomon Islands: Staff Report for the 2004 Article IV Consultation

August 12, 2004

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Solomon Islands: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed December 12, 2024

Summary

This 2004 Article IV Consultation highlights that the government of the Solomon Islands has moved rapidly to stabilize budgetary finances since the arrival in mid-2003 of the multinational Regional Assistance Mission to the Solomon Islands (RAMSI) that has restored law and order throughout the country. The budget finished the year with a deficit of just 1½ percent of GDP, compared with 10 percent in 2002. Real GDP grew by an estimated 5 percent in 2003, helped by strong fish, copra, and cocoa production.

Subject: Arrears, Commercial banks, Expenditure, External debt, Financial institutions, Public debt

Keywords: Amortization arrears, Arrears, Australia and New Zealand, Commercial banks, CR, Economy, Expenditure arrears, Finances, Government, Government debt stock, Government finances, Government support, ISCR

Publication Details

Pages:

47
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/258
Stock No:

1SLBEA0022004
ISBN:

9781451834345
ISSN:

1934-7685

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