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The authorities’ program for 2003–05, supported by the previous Stand-By Arrangement (SBA), successfully stabilized the economy despite difficult conditions. A new economic program for 2006–08 is needed to consolidate macroeconomic stability, address remaining...
Persistent link: https://www.econbiz.de/10011245700
IMF lending is conditional on a country's commitment to carry out an agreed program of economic policies. Unless that … interaction between the IMF and the borrower. …
Persistent link: https://www.econbiz.de/10005768796
Persistent link: https://www.econbiz.de/10010790468
This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It … relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement … role of IMF shock-related financing—through augmentations of Extended Credit Facility arrangements and short-term and …
Persistent link: https://www.econbiz.de/10010790497
Mali’s economy is showing renewed momentum resulting from a strong 2005–06 cereal harvest and strengthening terms of trade. The fiscal program remained well on track through end-2005. Discussion of the macroeconomic outlook focused on production-side growth prospects, such as...
Persistent link: https://www.econbiz.de/10011242861