Narrow Your Choices

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Browse

You are looking at 1 - 1 of 1 items for :

  • Type: Journal Issue x
  • Finance and accounting x
  • Industries; Land Use; Labor x
  • Foreign exchange x
  • Solomon Islands x
  • Natural resources x
  • Environment x
  • Natural Resources x
  • International Economics x
  • Business and Economics x
Clear All Modify Search
Cover IMF Staff Country Reports
Solomon Islands: Selected Issues
International Monetary Fund
This paper analyzes Solomon Islands’ ongoing reforms concerning of the mineral taxation regime and the fiscal impact of mineral resources. The analysis shows that mineral revenue could be substantial, provided that mineral prices remain strong in the medium term. Enforcing the tax agreement with, a Gold Ridge company, and implementing the new resource taxation regime are critical to ensure that the forthcoming mineral wealth spills over to the rest of the economy. Solomon Islands should adopt new fiscal rules and fiscal responsibility provisions to manage large but volatile resource revenue.
Keywords:
ISCR; CR; revenue; tax; transmission mechanism; headline inflation; consumer goods price; basket regime; Gold Ridge tax agreement; monetary policy transmission mechanisms; mining revenue; inflation pressure; mineral revenue; Mining sector; Inflation; Non-renewable resources; Exchange rates; Consumer price indexes; Global; Pacific Islands; Asia and Pacific