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Solomon Islands: Staff Report for the 2004 Article IV Consultation

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  • 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.

Suggested Citation

  • International Monetary Fund, 2004. "Solomon Islands: Staff Report for the 2004 Article IV Consultation," IMF Staff Country Reports 2004/258, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2004/258
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17636
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    Cited by:

    1. Yenteshwar Ram, Biman Prasad, Ron Duncan, 2005. "Explaining the Supply-side Constraints to Export-led Growth in Selected Pacific Island Countries," Working Papers 205, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..

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