Samoa 2012 Article IV consultation (International Monetary Fund, 2012)
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After a moderate recovery in 2010?11, the Samoan economy has shown signs of slowing down amid rising inflation. After two consecutive years of contraction, real GDP has expanded by 2 percent in 2010?11. The Central Bank of Samoa has maintained an accommodative monetary policy to support economic activity. However, continued structural reforms are required to lift Samoa?s economic growth and to ensure financial stability. Considerable progress has been made in tapping customary land for productive use
Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS AND OUTLOOK; ENSURING INTERNAL AND EXTERNAL BALANCES; MANAGING RISKS; RAISING LONG-TERM GROWTH; OTHER ISSUES; STAFF APPRAISAL; BOXES; 1. Exchange Rate Assessment; 2. Exchange Rate Adjustment Scenario; 3. Improving the Efficiency of Public Enterprises; 4. Promoting Economic Use of Customary Land; FIGURES; 1. Economic Development; 2. Relative Performance; TABLES; 1. Selected Economic and Financial Indicators, 2006/07-2012/13; 2. Illustrative Medium-Term Baseline Scenario, 2006/07-2016/17; 3. Balance of Payments, 2006/07-2012/13
4. Financial Operations of the Central Government, 2005/06-2010/115. Financial Soundness Indicators, 2004-12; APPENDICES; I. Reserve Adequacy; CONTENTS; I. FUND RELATIONS; II. PFTAC-COUNTRY STRATEGY 2012-2014; III. RELATIONS WITH THE ASIAN DEVELOPMENT BANK GROUP; IV. RELATIONS WITH THE WORLD BANK GROUP; V. STATISTICAL ISSUES; Table; Figure 1. Samoa: Indicators of Public and Publicly Guaranteed External Debt under Alternatives Scenarios, 2012-2032 1/; Table 1a.: External Debt Sustainability Framework, Baseline Scenario, 2009-2032 1
Table 1b. Samoa: Sensitivity Analysis for Key Indicators of Public and Publicly Guaranteed External Debt, 2012-2032Figure 2. Samoa: Indicators of Public Debt Under Alternative Scenarios, 2012-2032 1/; Table 2a. Samoa: Public Sector Debt Sustainability Framework, Baseline Scenario, 2009-2032; Table 2b. Samoa: Sensitivity Analysis for Key Indicators of Public Debt 2012-2032; Figure