In Solomon Islands, the economy is expected to shrink by -2.9 percent in 2022, reflecting the negative impact of the recent civil unrest and widespread community transmission of the coronavirus. These events have broad-based economic impacts and pressure on the fiscal accounts. Risks to the outlook include a further spread of the coronavirus, higher imported inflation, a return of social unrest, and climate-related disasters. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.
Details
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Author
World Bank
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Document Date
2022/04/22
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Document Type
Brief
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Report Number
170597
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Volume No
1
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Country
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Disclosure Date
2022/04/22
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Disclosure Status
Disclosed
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Doc Name
Macro Poverty Outlook for Solomon Islands : April 2022
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Citation
World Bank
Macro Poverty Outlook for Solomon Islands : April 2022 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099908504222225965/IDU03ba25c6b0daec04dc10a20b088610c1b26e8