Front Matter

Copyright Page

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.

Copies of this report are available to the public from

International Monetary Fund • Publication Services

PO Box 92780 • Washington, D.C. 20090

Telephone: (202) 623–7430 • Fax: (202) 623–7201

E-mail: publications@imf.org Web: http://www.imf.org

Price: $18.00 per printed copy

International Monetary Fund

Washington, D.C.

© 2022 International Monetary Fund

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

Solomon Islands: Selected Issues
Author: International Monetary Fund. Asia and Pacific Dept