European Parliament Library

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 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
Table Of Contents
Cover; CONTENTS; MACROECONOMIC SETTING AND OUTLOOK; PROGRAM PERFORMANCE; POLICY DISCUSSIONS AND COMMITMENTS; A. Fiscal Policy; B. Monetary and Exchange Rate Policies; C. Financial Sector Stability; OTHER PROGRAM ISSUES; STAFF APPRAISAL; FIGURES; 1. Macroeconomic Developments and Outlook; 2. Rebuilding Policy Buffers; 3. The Cross-Country Context; TABLES; 1. Selected Economic Indicators, 2010-14; 2. Balance of Payments, 2010-17; 3. Summary of Fiscal Accounts, 2010-14; 4. Medium-Term Baseline Scenario, 2010-17; 5. Summary Accounts of the Banking System, December 2011-June 2014
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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