Download or read book Solomon Islands Staff Report for the 2005 Article IV Consultation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-10-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Solomon Islands’s 2005 Article IV Consultation reports that the improvement in the economic performance registered after the arrival of the Australian-led intervention force in mid-2003 has continued. The projected deterioration in the external current account reflects investment-related imports, but reserve coverage should remain comfortable. The budget is projected to record a small deficit owing to one-off factors and higher spending as capacity and wages rise. With logging set to decline from its unsustainable level, much depends on new private activities coming on stream to replace lost incomes, exports, and government revenue.
Download or read book Solomon Islands Staff Report for the Article IV Consultation written by and published by . This book was released on 2008 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Solomon Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-03-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights that the economy of the Solomon Islands grew by 3.5 percent in 2016 driven by a peak in the forestry sector. Growth remained solid in 2017 and is projected at 3.0 for 2018, buoyed by infrastructure spending, fisheries and agriculture, although logging production is slowing down. Inflation is contained at an annual rate of just 1.6 percent in October 2017. The current account deficit has widened a little but international reserves levels are comfortable. The fiscal deficit is expected to have reached 4.0 percent of GDP in 2017 and to widen further in 2018. The risks to the economy are on the downside with the weakening fiscal position heightening vulnerability to shocks.
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.
Download or read book The Millennium Development Goals and Beyond written by Simon Feeny and published by Springer. This book was released on 2009-03-12 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how international aid donors and Non-Governmental Organisations (NGOs) can assist countries in the Asia-Pacific region achieve the Millennium Development Goals. The book examines the progress countries have made towards the MDGs and highlights the need to tailor the goals to individual country circumstances.
Download or read book The Solomon Islands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-11-03 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that economic conditions in the Solomon Islands have weakened in 2009, given the effects of the global recession and a logging sector decline. Real GDP growth is projected at 0.4 percent in 2009, compared with 6.9 percent in 2008. On the positive side, inflation pressures have eased substantially, mainly owing to lower fuel and food prices. Executive Directors have advised the authorities to address the increasingly unsustainable fiscal situation, given possible permanent losses in logging-related revenues, relatively large expenditure outlays, and government financing constraints.
Download or read book Solomon Islands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-19 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Solomon Islands’ economy has rebounded from the 2008–09 global financial crisis. An 18-month Standby Credit Facility has been approved in June 2010 and succeeded in restoring macroeconomic and financial stability. A new resource taxation regime is the key to reap the benefits from natural resource wealth and ensure that the government receives a fair share of mining revenue. Reforms of mining legislation should be a key part of a broader set of measures to improve the investment climate and the regulatory framework.
Download or read book Solomon Islands 2010 Economic Report written by Asian Development Bank and published by Asian Development Bank. This book was released on 2010-07-01 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress in Solomon Islands has been limited since the country’s independence, and the recent global economic crisis has placed more pressure on the country’s economy. The resulting fiscal crunch and emerging balance-of-payments pressures demand a coordinated macroeconomic policy response, featuring recurrent expenditure restraint,prudent monetary policy, and public sector reform. Grant-funded infrastructure will also need to play a key role in supporting economic and employment growth. Finally, because the country is a high-cost, risky place in which to do business, the government must focus on removing constraints to private sector growth. This report outlines these recommendations for the medium- to long-term economic growth of Solomon Islands.
Download or read book Samoa written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-06-29 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 Article IV Consultation for Samoa reports that the combination of sound economic management and structural reform had led to robust growth, low inflation, sound public finances, and a comfortable external position. With continued commitment to sound macroeconomic and reform policies, Samoa became one of the best managed economies in the Pacific Island region. The level of public debt has steadily declined from more than 90 percent to about 50 percent. Samoa also made progress toward the Millennium Development Goals.
Download or read book Continuing Reforms to Stimulate Private Sector Investment written by Asian Development Bank and published by Asian Development Bank. This book was released on 2016-04-01 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: A business environment that supports private sector-led growth is the key to long-term sustainable poverty reduction. This has been recognized by successive Solomon Islands’ governments who have implemented fundamental reforms that have modernized the environment for doing business in the country with some far-reaching reforms. This private sector assessment (PSA) analyzes the reforms to date and suggests further policy actions and priorities in the areas of business law reform, promoting economic opportunities for women, infrastructure, state-owned enterprises, the tax system, and the financial system. The policy recommendations in the PSA provide the basis for discussions between the Government of Solomon Islands, the private sector, and other stakeholders regarding future reform priorities that will contribute to the country’s resources being used most productively. This PSA was produced by the Pacific Private Sector Development Initiative---a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the Government of New Zealand.
Download or read book Papua New Guinea written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-13 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea’s 2005 Article IV Consultation reports that the economy continues to perform well as the recovery maintains its momentum and the authorities adhere to disciplined fiscal and monetary policies. The central government budget has been estimated to be once more in surplus in 2005, as mining and petroleum revenue remain strong and overall expenditure is kept in check, resulting in a further reduction in public sector debt. Monetary policy has achieved a favorable combination of relatively low interest rates and inflation.
Download or read book International Development written by Damien Kingsbury and published by Bloomsbury Publishing. This book was released on 2016-08-05 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and broad-ranging introductory textbook examines the key aspects of contemporary international development from both a practical and theoretical perspective. It addresses the fundamental question of what 'development' actually is and examines social, economic and environmental developments around the world. Written by experts with extensive field experience, this text introduces key issues in the development debate from how the developing world is changing global order to discussions on gender and development as well as security and development. International Development is a critical and interdisciplinary introduction to the contested field of development that is the ideal companion for both undergraduate and postgraduate students studying modules in development on degrees in international politics, international relations and development studies. This title will also appeal to policy-makers working in areas of development and professionals working in the area.
Download or read book Solomon Islands written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-03-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights that the economy of the Solomon Islands grew by 3.5 percent in 2016 driven by a peak in the forestry sector. Growth remained solid in 2017 and is projected at 3.0 for 2018, buoyed by infrastructure spending, fisheries and agriculture, although logging production is slowing down. Inflation is contained at an annual rate of just 1.6 percent in October 2017. The current account deficit has widened a little but international reserves levels are comfortable. The fiscal deficit is expected to have reached 4.0 percent of GDP in 2017 and to widen further in 2018. The risks to the economy are on the downside with the weakening fiscal position heightening vulnerability to shocks.
Download or read book Annual Report on Exchange Arrangements and Exchange Restrictions 2014 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-10-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the 65th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2013, alongside a strengthening of the financial sector regulatory framework. A Special Topic essay examines the dynamics and evolution of capital flows. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2013, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.
Download or read book International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2021-10-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Download or read book Evolving Monetary Policy Frameworks in Low Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Download or read book Republic of Palau Staff Report for the Article IV Consultation written by and published by . This book was released on 2008 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
