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This Technical Note discusses the key findings and recommendations of assessment of Banking Supervision and Regulation for Samoa. Little progress has been achieved toward implementing the recommendations of the 2007 Basel Core Principles for Effective Banking Supervision assessment. Initiatives...
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KEY ISSUES Context: Tonga's economy is rebounding, partially owing to a recovery in agricultural exports. The outlook … gradually stabilizing and then reducing the debt-to-GDP ratio, in order to improve Tonga's moderate risk of debt distress. This … cycle of the Tongan banks appears to be ending, and thus National Reserve Bank of Tonga should prepare to gradually withdraw …
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This 2019 Article IV Consultation discusses that Samoa faces several economic challenges but continues to show resilience and a high level of engagement with IMF. Growth is expected to rebound after reaching a five-year low. Price pressures driven by temporary factors are receding and inflation...
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This paper discusses recent economic developments, economic outlook, risks, and challenges in Tonga. The Tongan economy … Zealand, could weigh on Tonga via aid, remittances, and tourism channels …
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This 2017 Article IV Consultation highlights that over recent years, Tonga has enjoyed robust growth and macroeconomic …
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This 2018 Article IV Consultation highlights that Samoa's economy has shown resilience and continues to perform well. Growth remained robust at 2.5 percent in 2016/17, driven by commerce, services and agriculture. Inflation picked up to 1.3 percent in 2016/17, compared with close to zero in the...
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