Samoa Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Samoa. [electronic resource] :
- Washington, D.C. : International Monetary Fund, 2010.
- 1 online resource (46 p.)
- IMF Staff Country Reports, Country Report ; No. 10/46 .
- IMF Staff Country Reports, Country Report ; No. 10/46 .
This paper discusses a request from Samoa's authorities for a Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility (ESF-RAC). The tsunami that hit Samoa on September 29, 2009 has undercut Samoa's economic resilience and prospects for a quick recovery from the global recession. Real GDP is likely to contract in 2010. The authorities have requested a disbursement equivalent to 50 percent of quota (SDR 5.8 million) under the IMF's ESF-RAC. IMF staff supports the request on Samoa's low public debt and credible commitment to sound macroeconomic policies.
1451840772 : 18.00 USD
1934-7685
10.5089/9781451840773.002 doi
Access To Fund General Resources
Economic Growth
Economic Indicators
Emergency Assistance
Exogenous Shocks Facility
Fiscal Management
This paper discusses a request from Samoa's authorities for a Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility (ESF-RAC). The tsunami that hit Samoa on September 29, 2009 has undercut Samoa's economic resilience and prospects for a quick recovery from the global recession. Real GDP is likely to contract in 2010. The authorities have requested a disbursement equivalent to 50 percent of quota (SDR 5.8 million) under the IMF's ESF-RAC. IMF staff supports the request on Samoa's low public debt and credible commitment to sound macroeconomic policies.
1451840772 : 18.00 USD
1934-7685
10.5089/9781451840773.002 doi
Access To Fund General Resources
Economic Growth
Economic Indicators
Emergency Assistance
Exogenous Shocks Facility
Fiscal Management