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This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan …
Persistent link: https://www.econbiz.de/10014405959
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
maintained surpluses despite the pandemic, helped by buoyant tax revenue-including due to improvements in tax administration …
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 …
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Samoa has suffered severe social and economic shocks. The outlook is challenging and subject to considerable …
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This paper reviews economic developments in Western Samoa during 1990–94. Economic growth resumed in 1993, led by a …
Persistent link: https://www.econbiz.de/10014397584
two consecutive years of contraction, real GDP has expanded by 2 percent in 2010–11. The Central Bank of Samoa has … lift Samoa’s economic growth and to ensure financial stability. Considerable progress has been made in tapping customary …
Persistent link: https://www.econbiz.de/10014395636
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 …
Persistent link: https://www.econbiz.de/10014406602