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The global crisis has hit the Maldivian economy hard; combined with an unsustainable fiscal expansion, it has led to a large fiscal deficit and severe balance of payments pressures. The authorities are committed to a strong policy adjustment program, and have requested IMF financial support for...
Persistent link: https://www.econbiz.de/10014410174
Mauritius has a long and sustained track record of implementing strong policies, and the authorities have responded appropriately to the global financial crisis by easing macroeconomic policies. While the crisis response has halted the decline in public debt, the public finances are...
Persistent link: https://www.econbiz.de/10014410178
This paper reviews progress under the Fund's strengthened cooperative strategy on overdue financial obligations. Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million. Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations...
Persistent link: https://www.econbiz.de/10014410203
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This pamphlet describes the financial structure and operations of the IMF, as well as the sources of IMF financing, the policies associated with the use of IMF resources, the role of the IMF as trustee to various accounts that are administered by it, and the safeguards established for protecting...
Persistent link: https://www.econbiz.de/10014401764
ensure a stable world financial system and sustainable economic growth …
Persistent link: https://www.econbiz.de/10014397986
The financial structure and operations of the IMF are described in this pamphlet, as well as the sources of IMF financing, the policies associated with the use of IMF resources, and the role of the IMF as trustee to various accounts that are administered by it
Persistent link: https://www.econbiz.de/10014409367
Before the earthquakes of April 25 and May 12, Nepal's macroeconomic performance was relatively strong: Growth accelerated to 5.5 percent in 2013/14, thanks largely to a favorable monsoon; Inflation had been moderating, broadly in line with developments in India, but remained high at 7 percent...
Persistent link: https://www.econbiz.de/10014408567
Persistent link: https://www.econbiz.de/10014409811
The purpose of this note is to inform the Executive Boards of the World Bank and the IMF of the main changes in the …
Persistent link: https://www.econbiz.de/10014410059