Solomon Islands : First Review Under the Extended Credit Facility Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Solomon Islands.

This paper discusses Solomon Islands' First Review Under the Extended Credit Facility (ECF) Arrangement. The three-year arrangement under the ECF is on track. All December 2012 and continuous performance criteria have been met, except for the cash balance floor, which was temporarily missed by...

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Bibliografski detalji
Autor kompanije: International Monetary Fund. Asia and Pacific Dept
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Staff Country Reports; Country Report ; No. 2013/249
Online pristup:Full text available on IMF
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520 3 |a This paper discusses Solomon Islands' First Review Under the Extended Credit Facility (ECF) Arrangement. The three-year arrangement under the ECF is on track. All December 2012 and continuous performance criteria have been met, except for the cash balance floor, which was temporarily missed by a small amount. The indicative target on health and education for December 2012 was also missed by a very small margin. The IMF staff recommends completion of the review and supports the authorities' request for a waiver of the nonobservance of the cash balance floor at end-December, and the modification of end-June 2013 performance criteria. 
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