Solomon Islands Staff Report for the 2006 Article IV Consultation

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 exch...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2006
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Debt 
653 |a Debt Management 
653 |a Public Finance 
653 |a Budget planning and preparation 
653 |a Budgeting 
653 |a Budgeting & financial management 
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653 |a Budget 
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653 |a Budget Systems 
653 |a External debt 
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653 |a National Government Expenditures and Related Policies: General 
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653 |a National Budget 
653 |a International Lending and Debt Problems 
653 |a Expenditure 
653 |a Sovereign Debt 
653 |a Arrears 
653 |a Trade: General 
653 |a Exports and Imports 
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520 |a 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