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Samoa has shown resilience to past economic shocks, underpinned by the authorities' strong commitment to support the … economy and financial assistance provided by the international community. Samoa was among the first countries in the world to …
Persistent link: https://www.econbiz.de/10012516504
KEY ISSUES Outlook and risks. Growth is recovering gradually from natural disasters and inflation remains subdued. The current account deficit is expected to narrow on lower international oil prices and a planned fiscal consolidation. The main external risk is the occurrence of another natural...
Persistent link: https://www.econbiz.de/10014412271
This 2023 Article IV Consultation highlights that the Samoan economy has begun recovering after a three-year recession driven by the coronavirus disease 2019 (COVID-19) pandemic. A rebound in economic activity has followed the lifting of domestic COVID-19restrictions in July and the pickup in...
Persistent link: https://www.econbiz.de/10015059597
This 2005 Article IV Consultation for Samoa reports that the combination of sound economic management and structural … 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 …
Persistent link: https://www.econbiz.de/10014406410
This paper discusses a request from Samoa's authorities for a Disbursement Under the Rapid-Access Component of the … Exogenous Shocks Facility (ESF-RAC). The tsunami that hit Samoa on September 29, 2009 has undercut Samoa’s economic resilience … request on Samoa’s low public debt and credible commitment to sound macroeconomic policies …
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