TY - BOOK ID - 85600005 TI - Samoa : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Samoa. PY - 2017 SN - 1475599455 1475599420 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Samoa KW - Independent State of Samoa KW - Malo Saʻoloto Tutoʻatasi o Samoa KW - Government of Samoa KW - Malo o Samoa KW - Western Samoa KW - Economic conditions. KW - Banks and Banking KW - Exports and Imports KW - Macroeconomics KW - Public Finance KW - Natural Disasters KW - Criminology KW - Statistics KW - Climate KW - Natural Disasters and Their Management KW - Global Warming KW - Debt KW - Debt Management KW - Sovereign Debt KW - International Lending and Debt Problems KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Illegal Behavior and the Enforcement of Law KW - Data Collection and Data Estimation Methodology KW - Computer Programs: Other KW - Natural disasters KW - Public finance & taxation KW - International economics KW - Banking KW - Corporate crime KW - white-collar crime KW - Econometrics & economic statistics KW - Public debt KW - Anti-money laundering and combating the financing of terrorism (AML/CFT) KW - External debt KW - Correspondent banking KW - Environment KW - Crime KW - Credit KW - Money KW - Debts, Public KW - Debts, External KW - Money laundering KW - Correspondent banks KW - White-collar crime UR - https://www.unicat.be/uniCat?func=search&query=sysid:85600005 AB - This 2017 Article IV Consultation highlights Samoa’s continued good economic performance. Economic activity picked up during 2015/16 driven by tourism arrivals, lower fuel prices, and new fish processing facilities, further boosted by two major sporting events and infrastructure projects. Although the pace will moderate in 2017/18 and in 2018/19 with the closure of a large manufacturing plant, growth is expected to remain buoyant. The outlook is moderately positive though subject to downside risks related to Samoa’s vulnerability to natural disasters, elevated contingent liabilities, and withdrawal of correspondent banking relationships. Given Samoa’s reliance on workers’ remittances, the closure of bank accounts of money transfer operators heightens the risk of a disruption to remittance payments. ER -