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The Solomon Islands [electronic resource] : 2009 Article IV Consultation: Staff Report; Staff Statement; Supplement to the Staff Report; Public Information Notice; Statement by the Executive Director for the Solomon Islands.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2009.
Format/Description:
Government document
Book
1 online resource (63 p.)
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 09/309.
IMF Staff Country Reports; Country Report No. 09/309
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Local subjects:
Article IV consultation reports. (search)
Balance of payments. (search)
Bank supervision. (search)
Banking sector. (search)
Bilateral exchange rates. (search)
Central bank. (search)
Current account. (search)
Current account balance. (search)
Current account deficit. (search)
Debt dynamics. (search)
Debt management. (search)
Debt management strategy. (search)
Debt relief. (search)
Debt rescheduling. (search)
Debt restructuring. (search)
Debt service. (search)
Debt service payments. (search)
Debt sustainability. (search)
Debt sustainability analysis. (search)
Dollar exchange rate. (search)
Domestic borrowing. (search)
Domestic debt. (search)
Domestic financing. (search)
Economic growth. (search)
Economic indicators. (search)
Effective exchange rate. (search)
Effective exchange rates. (search)
Exchange operations. (search)
Exchange rate. (search)
Exchange rate adjustment. (search)
Exchange rate arrangement. (search)
Exchange rate flexibility. (search)
Exchange rate movements. (search)
Exchange rate policy. (search)
Exchange rate system. (search)
Exchange rates. (search)
External borrowing. (search)
External debt. (search)
External debt service. (search)
External financing. (search)
External shocks. (search)
Fiscal reforms. (search)
Flexible exchange rate. (search)
Flexible exchange rate policy. (search)
Foreign exchange. (search)
Foreign exchange market. (search)
Foreign exchange operations. (search)
Foreign investment. (search)
Government debt. (search)
Long-term debt. (search)
Long-term debt sustainability. (search)
Nominal effective exchange rate. (search)
Official exchange rate. (search)
Private sector borrowing. (search)
Public debt. (search)
Public external debt. (search)
Real effective exchange rate. (search)
Staff Reports. (search)
Solomon Islands. (search)
Summary:
This 2009 Article IV Consultation highlights that economic conditions in the Solomon Islands have weakened in 2009, given the effects of the global recession and a logging sector decline. Real GDP growth is projected at 0.4 percent in 2009, compared with 6.9 percent in 2008. On the positive side, inflation pressures have eased substantially, mainly owing to lower fuel and food prices. Executive Directors have advised the authorities to address the increasingly unsustainable fiscal situation, given possible permanent losses in logging-related revenues, relatively large expenditure outlays, and government financing constraints.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
145183442X:
9781451834420
ISSN:
1934-7685
Publisher Number:
10.5089/9781451834420.002
Access Restriction:
Restricted for use by site license.