Solomon Islands : 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

1SLBEA2007002 Image
Price:  $18.00

Release Date: © September, 2007
ISBN : 978-1-45195-165-3
Stock #: 1SLBEA2007002
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

This 2007 Article IV Consultation highlights that real GDP growth of Solomon Islands rose to an estimated 6 percent in 2006, driven by fish, palm oil production, and services. However, it is expected to ease to 5½ percent in 2007, as a further escalation in logging will be likely offset by lower growth of fish and traditional crops. With the natural forest expected to be depleted within the next few years, structural reforms are necessary to generate higher sustainable growth, raise living standards, and reduce the economy’s vulnerability to shocks.

Taxonomy

Balance of payments , Economic policy , Exchange rate policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports