Solomon Islands First Review Under the Extended Credit Facility Arrangement—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Solomon Islands
This paper discusses Solomon Islands’ First Review Under the Extended Credit Facility (ECF) Arrangement. The three-year arrangement under the ECF is on track. All December 2012 and continuous performance criteria have been met, except for the cash balance floor, which was temporarily missed by a sma...
| Corporate Author: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C.
International Monetary Fund
2013
|
| Series: | IMF Staff Country Reports
|
| Subjects: | |
| Online Access: | |
| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This paper discusses Solomon Islands’ First Review Under the Extended Credit Facility (ECF) Arrangement. The three-year arrangement under the ECF is on track. All December 2012 and continuous performance criteria have been met, except for the cash balance floor, which was temporarily missed by a small amount. The indicative target on health and education for December 2012 was also missed by a very small margin. The IMF staff recommends completion of the review and supports the authorities’ request for a waiver of the nonobservance of the cash balance floor at end-December, and the modification of end-June 2013 performance criteria |
|---|---|
| Physical Description: | 46 pages |
| ISBN: | 9781484372906 |