SOLOMON ISLANDS Staff Report for the 2005 Article IV Consultation

1SLBEA2005002 Image
Price:  $15.00

Release Date: © October, 2005
ISBN : 978-1-45183-436-9
Stock #: 1SLBEA2005002
English
Stock Status: On back-order

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Description

The Solomon Islands’s 2005 Article IV Consultation reports that the improvement in the economic performance registered after the arrival of the Australian-led intervention force in mid-2003 has continued. The projected deterioration in the external current account reflects investment-related imports, but reserve coverage should remain comfortable. The budget is projected to record a small deficit owing to one-off factors and higher spending as capacity and wages rise. With logging set to decline from its unsustainable level, much depends on new private activities coming on stream to replace lost incomes, exports, and government revenue.

Taxonomy

Balance of payments , Debt , Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy , Poverty Reduction and Development , Social indicators




More publications in this series: IMF Staff Country Reports