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IMF Country Report No. 22/15
SOLOMON ISLANDS
SELECTED ISSUES
January 2022
This Selected Issues paper on the Solomon Islands was prepared by a staff team of the International Monetary Fund. It is based on information available at the time it was completed on January 7, 2022.
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Title Page
SOLOMON ISLANDS
SELECTED ISSUES
December 16, 2021
Approved By
Asia and Pacific Department
Prepared By Manabu Nose (FAD)
Contents
SPENDING NEEDS FOR ACHIEVING SDGS WITH CLIMATE RESILIENCE
A. Background
B. Institutional Framework: National Strategies on SDGs and Climate Change
C. The Cost of Achieving SDGs and Climate Goals
D. Policy Discussions
E. Conclusions
FIGURES
1. Climate Readiness and Vulnerability Index, 2019
2. Benchmarking SDG Performance
3. Efficiency of Primary and Secondary Education Spending
4. Annual Additional Spending Needs (in percent of 2030 GDP)
5. DIGNAD Simulations on Climate-Proofing Investment and PFM Reform
6. Financing for Development Spending
7. Calibration of Operational Target and Public Debt: Baseline vs. Alternative Scenarios
TABLES
1. Budget Allocation to SDG-Related Expenditure
2. Annual Additional Spending Needs in Education and Health
APPENDIX
I. Currently Identified Priority Investment List with Climate-Proofing Component
References