Samoa: Staff Report of the 2005 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 220

Publication date: June 2005

ISBN: 9781451840711

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Labor , Economics- Macroeconomics , ISCR , CR , deficit , authority , deficit target , cost , budget , loss-making Polynesian Airlines , minority interest , restructuring cost , debt outlook , Budget planning and preparation , Wage adjustments , Exports , Remittances , Imports , Pacific Islands

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Nepal

Peru

Grenada

Republic of Congo : 2001 Article IV

Summary

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.