Author: Wali M. OsmanPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 24
Book Description
Solomon Islands Economic Report
Author: Wali M. OsmanPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 24
Book Description
An Economic Report of the Solomon Islands
Author: Economic Report on the Solomon Islands
Author: The Solomon Islands
Author: World Bank. East Asia and Pacific Regional OfficePublisher:
ISBN:
Category :
Languages : en
Pages : 134
Book Description
Solomon Islands 2010 Economic Report
Author: Asian Development BankPublisher: Asian Development Bank
ISBN: 9290920777
Category : Business & Economics
Languages : en
Pages : 149
Book Description
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.
Country Economic Forecast
Author: The Solomon Islands
Author: World Bank. East Asia and Pacific Regional OfficePublisher:
ISBN:
Category :
Languages : en
Pages : 134
Book Description
Solomon Islands
Author: International Monetary Fund. Asia and Pacific DeptPublisher: International Monetary Fund
ISBN: 1513530569
Category : Business & Economics
Languages : en
Pages : 84
Book Description
This 2019 Article IV Consultation with the Solomon Islands highlights that the country has made substantial progress since the Tensions in the early 2000s but faces considerable economic and governance challenges and is highly vulnerable to natural disasters. Finding new sources of growth is becoming urgent with the decline in logging. The consultation focused on similar issues to last year—restoring fiscal buffers to build resilience, strengthening public financial management and public investment management, setting a medium-term fiscal strategy, improving governance, improving exchange rate management and building conditions for sustainable growth. The report recommends developing a holistic approach to medium-term fiscal policy by setting a realistic spending envelope and establishing a medium-term revenue strategy. Together with strengthened budget planning and expenditure control, this would provide greater budget predictability and support natural disaster contingency planning. It is also imperative to strengthen enforcement of governance standards, apply the mining fiscal regime rigorously, improve transparency and advance the anti-corruption agenda.
Solomon Islands
Author: International Monetary Fund. Asia and Pacific DeptPublisher: International Monetary Fund
ISBN: 1484374029
Category : Business & Economics
Languages : en
Pages : 99
Book Description
This 2013 Article IV Consultation highlights that economic growth in Solomon Islands is slowly rebounding from the slowdown of the first half of 2013, when agriculture, logging, and gold production fell, owing mainly to unfavorable weather developments, lower terms of trade, and one-off factors. Real GDP growth is projected at 2.9 percent for 2013 and 4 percent for 2014. Risks are tilted to the downside, including from lower external demand and grants. Inflation has stabilized at about 6.5 percent and is expected to fall gradually as agricultural prices react to the recovery of production.
Solomon Islands
Author: International Monetary Fund. Asia and Pacific DeptPublisher: International Monetary Fund
ISBN: 1475564430
Category : Business & Economics
Languages : en
Pages : 80
Book Description
This report describes Solomon Islands’ macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major source of financing. Solomon Islands’ government Medium Term Development Plan (MTDP) 2016–20 sets out development programs and projects supporting the draft National Development Strategy (NDS) 2016–35 objectives. The MTDP is rolling out five-year plan, revised annually, comprising development programs and projects. The MTDP effectively addresses key issues of the economy which are as follows: existing poverty situation and trends, factors influencing poverty, strategies and policies for poverty reduction, fiscal and debt framework, and safety nets and risk mitigation.