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Samoa: Staff Report of the 2005 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 220
Language:
English
Publication Date:
29 Jun 2005
DOI:
https://doi.org/10.5089/9781451840711.002
ISBN:
9781451840711
ISSN:
1934-7685
Pages:
56
Keywords:
ISCR; CR; deficit; authority; deficit target; cost; budget; loss-making Polynesian Airlines; minority interest; restructuring cost; debt outlook; Budget planning and preparation; Wage adjustments; Exports; Remittances; Imports; Pacific Islands
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This 2005 Article IV Consultation for Samoa reports that the combination of sound economic management and structural reform had led to robust growth, low inflation, sound public finances, and a comfortable external position. With continued 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 progress toward the Millennium Development Goals.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund