Samoa: 2024 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. Asia and Pacific Dept

Volume/Issue: Volume 2025 Issue 032

Publication date: January 2025

ISBN: 9798229000505

$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.

Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , APG plenary , basket of currencies , TF risk , follow-up process , burden indicator , inflation risk , help of IMF TA , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Credit , Global , Pacific Islands , Australia and New Zealand

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Republic of Congo : 2001 Article IV

Summary

The Samoan economy has bounced back strongly over the last two years, supported by a recovery in tourism. Fiscal surpluses, in part due to high grant flows, have helped the country emerge from the pandemic with enhanced buffers. At the same time, several longstanding and emerging factors—including lack of economies of scale, climate vulnerabilities, ML/TF concerns, delays in the implementation of public investment due to capacity constraints, and rising outward migration—pose challenges to the economic outlook in the medium term.