TY - BOOK ID - 85600013 TI - Solomon Islands : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Solomon Islands. PY - 2018 SN - 1484344693 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Economic stabilization. KW - Adjustment, Economic KW - Business stabilization KW - Economic adjustment KW - Stabilization, Economic KW - Economic policy KW - Exports and Imports KW - Money and Monetary Policy KW - Public Finance KW - Statistics KW - Natural Disasters KW - Debt KW - Debt Management KW - Sovereign Debt KW - National Government Expenditures and Related Policies: General KW - International Lending and Debt Problems KW - Climate KW - Natural Disasters and Their Management KW - Global Warming KW - Monetary Systems KW - Standards KW - Regimes KW - Government and the Monetary System KW - Payment Systems KW - Data Collection and Data Estimation Methodology KW - Computer Programs: Other KW - Public finance & taxation KW - International economics KW - Natural disasters KW - Econometrics & economic statistics KW - Macroeconomics KW - Public debt KW - Expenditure KW - Public financial management (PFM) KW - External debt KW - Environment KW - Debts, Public KW - Debts, External KW - Expenditures, Public KW - Finance, Public KW - Solomon Islands UR - http://www.unicat.be/uniCat?func=search&query=sysid:85600013 AB - This 2017 Article IV Consultation highlights that the economy of the Solomon Islands grew by 3.5 percent in 2016 driven by a peak in the forestry sector. Growth remained solid in 2017 and is projected at 3.0 for 2018, buoyed by infrastructure spending, fisheries and agriculture, although logging production is slowing down. Inflation is contained at an annual rate of just 1.6 percent in October 2017. The current account deficit has widened a little but international reserves levels are comfortable. The fiscal deficit is expected to have reached 4.0 percent of GDP in 2017 and to widen further in 2018. The risks to the economy are on the downside with the weakening fiscal position heightening vulnerability to shocks. ER -