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Samoa: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2010: Issue 215
Language:
English
Publication Date:
16 Jul 2010
DOI:
https://doi.org/10.5089/9781455202898.002
ISBN:
9781455202898
ISSN:
1934-7685
Pages:
19
Keywords:
ISCR; CR; Samoa; public enterprise; private sector; lending; SOE portfolio; SOE reform strategy; SOE divestiture; SOE law; credit growth; SOE Policy; SOE board; SOE reform; SOE account; privatized state carrier; Public enterprises; Tourism; Civil society organizations; Corporate governance; Natural disasters; Pacific Islands
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The impact of the 2009 tsunami on tourism and on the Samoan economy is likely to be substantial. The effectiveness of monetary transmission in Samoa has improved over time; however, it is still below international standards. The adverse impact of the crisis on the functioning of the banking system may be alleviated by an improvement in the financial infrastructure. State-owned enterprises (SOE) continue to play an important role in Samoa, and the key to successful SOE reform in Samoa will be placing them on a fully commercial footing.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund