Solomon Islands : Staff Report for the 2006 Article IV Consultation

1SLBEA2006001 Image
Price:  $18.00

Release Date: © October, 2006
ISBN : 978-1-45183-437-6
Stock #: 1SLBEA2006001
English
Stock Status: On back-order

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Description

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 bank’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.

Taxonomy

Balance of payments , Banks and banking , Central banks , Economic development , Economic policy , Financial institutions and markets , Fiscal policy , Investment , Poverty Reduction and Development , Social indicators




More publications in this series: IMF Staff Country Reports