Solomon Islands: Staff Report for the 2004 Article IV Consultation

International Monetary Fund

No 2004/258, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2004 Article IV Consultation highlights that the government of the Solomon Islands has moved rapidly to stabilize budgetary finances since the arrival in mid-2003 of the multinational Regional Assistance Mission to the Solomon Islands (RAMSI) that has restored law and order throughout the country. The budget finished the year with a deficit of just 1½ percent of GDP, compared with 10 percent in 2002. Real GDP grew by an estimated 5 percent in 2003, helped by strong fish, copra, and cocoa production.

Keywords: ISCR; CR; government; finances; expenditure arrears; economy; government finances; government support; amortization arrears; government debt stock; Arrears; Commercial banks; Australia and New Zealand (search for similar items in EconPapers)
Pages: 47
Date: 2004-08-12
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