Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The First Review Under the Standby Credit Facility (SCF) discusses Solomon Islands’ satisfactory performance under the SCF-supported program, approved in December 2011. The current arrangement is intended to be precautionary and, given the current level of reserves, the authorities do not intend to draw on the IMF's resources unless an unexpected need arises. The outlook remains favorable, but with large near-term downside risks. Substantial progress has been made toward implementing structural benchmarks.

Fiscal policy --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Government policy --- Solomon Islands --- Iles Salomon --- Iye Shelomoh --- Solomons --- Islas Salomón --- So-lo-men chʻün tao --- So-lo-men tao --- So-lo-men --- British Solomon Islands --- Economic conditions. --- Exports and Imports --- Infrastructure --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- National Government Expenditures and Related Policies: General --- Fiscal Policy --- Taxation, Subsidies, and Revenue: General --- Trade: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Public finance & taxation --- International economics --- Monetary economics --- Economic growth --- Fiscal stance --- Expenditure --- Revenue administration --- Imports --- Credit --- Currencies --- Money --- International trade --- Expenditures, Public --- Revenue

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper is an account of the economic conditions of the Solomon Islands. The macroeconomic situation has shown a considerable expansion in recent years with the external buffers intact. Although the Islands have shown good growth, the IMF staff expects only a moderate performance in 2013 and 2014 owing to the euro area crisis. However, the state has prepared for any downside risks, and approaches the macroeconomic circumstances with a positive outlook. The Executive Board admires the efforts of the Islands.

Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Solomon Islands --- Iles Salomon --- Iye Shelomoh --- Solomons --- Islas Salomón --- So-lo-men chʻün tao --- So-lo-men tao --- So-lo-men --- British Solomon Islands --- Economic policy. --- Exports and Imports --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Natural Resource Extraction --- Budgeting --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: General --- Debt --- Debt Management --- Sovereign Debt --- Fiscal Policy --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- National Budget --- Budget Systems --- Public finance & taxation --- International economics --- Monetary economics --- Extractive industries --- Budgeting & financial management --- Expenditure --- External debt --- Public debt --- Fiscal stance --- Credit --- Fiscal policy --- Budget planning and preparation --- Public financial management (PFM) --- Debts, External --- Expenditures, Public --- Debts, Public --- Budget

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

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.

Fiscal policy --- Debts, Public --- Structural adjustment (Economic policy) --- Foreign exchange rates --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Exchange rates --- Fixed exchange rates --- Flexible exchange rates --- Floating exchange rates --- Fluctuating exchange rates --- Foreign exchange --- Rates of exchange --- Government policy --- Rates --- Solomon Islands --- Iles Salomon --- Iye Shelomoh --- Solomons --- Islas Salomón --- So-lo-men chʻün tao --- So-lo-men tao --- So-lo-men --- British Solomon Islands --- Economic conditions. --- Economic policy. --- Exports and Imports --- Public Finance --- Statistics --- Agribusiness --- Trade: General --- Agricultural Markets and Marketing --- Cooperatives --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- Health: General --- Education: General --- Public finance & taxation --- International economics --- Econometrics & economic statistics --- Agriculture, agribusiness & food production industries --- Health economics --- Imports --- Agroindustries --- Expenditure --- Health --- International trade --- Economic sectors --- Education --- Agricultural industries --- Expenditures, Public

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper discusses Solomon Islands’ Third Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PC). Program performance under the ECF arrangement has been broadly satisfactory. Reserve buffers have been rebuilt and are at a comfortable level, well above the average of other small states. All PCs for end-December, the indicative targets (ITs) for March, and the continuous PCs were met with considerable margins, except for the IT on government-funded recurrent spending on health and education, which was narrowly missed. Based on Solomon Islands’ program performance, the IMF staff recommends completion of the third review under the ECF-supported program.

Banks and banking --- Money --- Currency --- Monetary question --- Money, Primitive --- Specie --- Standard of value --- Exchange --- Finance --- Value --- Coinage --- Currency question --- Gold --- Silver --- Silver question --- Wealth --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Financial institutions --- Solomon Islands --- Iles Salomon --- Iye Shelomoh --- Solomons --- Islas Salomón --- So-lo-men chʻün tao --- So-lo-men tao --- So-lo-men --- British Solomon Islands --- Economic conditions. --- Budgeting --- Investments: Metals --- Exports and Imports --- Money and Monetary Policy --- Public Finance --- National Government Expenditures and Related Policies: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- National Budget --- Budget Systems --- International Lending and Debt Problems --- Metals and Metal Products --- Cement --- Glass --- Ceramics --- Public finance & taxation --- Monetary economics --- Budgeting & financial management --- International economics --- Investment & securities --- Public financial management (PFM) --- Expenditure --- Currencies --- Budget planning and preparation --- External debt --- Finance, Public --- Expenditures, Public --- Budget --- Debts, External