Solomon Islands; 2006 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion

Since the intervention of the Regional Assistance Mission to the Solomon Islands, growth has rebounded, and financial stability has been maintained. Fiscal discipline should be sustained, and a medium-term strategy developed taking into account looming pressures. The central bankâ€™s current exchange rate policy is appropriate, but requires vigilance. Financial system soundness should be strengthened by liquidating the development bank, and raising the profitability of the National Provident Fund. Structural reforms to encourage new private sector activities should be vigorously implemented.

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Year of publication:	2006-10-23
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Banking systems \| Debt service ratios \| Debt sustainability analysis \| Economic indicators \| Exchange rate management \| External debt \| Financial sector \| Governance \| Gross domestic product \| Staff appraisals \| Staff Reports \| Statistical annexes \| debt \| public debt \| interest \| debt service \| payments \| current account \| debt sustainability \| liabilities \| balance of payments \| central bank \| debt forgiveness \| government debt \| loans \| debt relief \| public finance \| restructuring \| public sector debt \| expenditures \| current account balance \| creditors \| commercial creditors \| current account deficit \| taxes \| ppg debt \| fiscal policy \| debt situation \| domestic debt \| public and publicly guaranteed \| treasury bills \| debt data \| private credit \| debt servicing \| debts \| creditor \| debt dynamics \| public finances \| external debt sustainability \| tax exemptions \| external borrowing \| obligations \| debt burden \| reserve assets \| official creditors \| public expenditure \| debt ratio \| domestic financing \| debt recording \| credit expansion \| import tax \| external public sector debt \| domestic currency \| debt level \| amortization payments \| reserve management \| external shocks \| domestic borrowing \| private sector debt \| repayment \| credit ceilings \| net debt \| short-term debt \| general resources account \| insolvency \| external debt service \| central banks \| debt service to exports \| debt service ratio \| total external debt \| bilateral donors \| long-term debt \| public sector borrowing \| currency debt \| loan disbursements \| access to credit \| government guarantee \| value added tax \| tax incentives \| tax reforms \| debt service requirement \| debt stock

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 06/362 6 pages long
Source:	RePEc - Research Papers in Economics

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