Samoa : 2019 Article IV Consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Samoa
Author/Editor:
International Monetary Fund. Asia and Pacific Dept
Publication Date:
May 17, 2019
Electronic Access:
Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Samoa faces several economic challenges but continues to show resilience and a high level of engagement with the Fund. Growth is expected to rebound after reaching a five-year low. Price pressures driven by temporary factors are receding and inflation is projected to return to below the authorities’ target of 3 percent. One-off factors implied a marginally positive fiscal balance in 2017/18, but the fiscal position is projected to loosen, and Samoa remains at high risk of debt distress. Samoa remains vulnerable to natural disasters and correspondent banking relationship (CBR) pressures. The authorities have made progress in implementing measures to mitigate these risks.
Series:
Country Report No. 19/138
English
Publication Date:
May 17, 2019
ISBN/ISSN:
9781498315647/1934-7685
Stock No:
1WSMEA2019002
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
72