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This paper discusses Zimbabwe's Second Review of the Staff-Monitored Program. The program is on track. Four of the five … ceiling set under the program, and to prioritize investment that would eventually raise Zimbabwe's capacity to repay …
Persistent link: https://www.econbiz.de/10011473255
will continue to focus on: (a) reducing the primary fiscal deficit to raise Zimbabwe’s capacity to repay; (b) restoring … strategy. Recent developments, outlook, and risks. Zimbabwe’s economic prospects remain difficult. Growth has slowed and is …
Persistent link: https://www.econbiz.de/10012693960
This 2019 Article IV Consultation focuses on Zimbabwe's near- and medium-term challenges and policy priorities and was … situation and will continue to work on assessing its impact and the related policy response in Zimbabwe and globally. With …
Persistent link: https://www.econbiz.de/10012242099
This paper discusses Zimbabwe's Settlement of Overdue Financial Obligations to the Poverty Reduction and Growth Trust … PRGT eligibility. In light of Zimbabwe's settlement of its overdue financial obligations to the PRGT, the IMF staff … proposes that the Board remove the remaining remedial measures. Zimbabwe is eligible to return to the PRGT-eligibility list …
Persistent link: https://www.econbiz.de/10011690622
The WAEMU has, so far, demonstrated strong resilience to the Covid crisis. The economic rebound that started in the second half of 2020 firmed up in 2021, while fiscal and monetary policies remained supportive. External reserves have risen to comfortable levels and the financial system appears...
Persistent link: https://www.econbiz.de/10013168854
The COVID-19 pandemic, the volatility in oil prices, heightened insecurity, and a looming food crisis due to climate change have severely stressed an already vulnerable Chadian economy. The two Rapid Credit Facility (RCF) disbursements in April and July 2020 allowed Chad to meet its immediate...
Persistent link: https://www.econbiz.de/10013169125
Kenya's medium-term economic outlook remains positive, supported by the authorities' continued firm commitment to their economic program amidst a complex environment. Economic recovery is well underway, but Kenya's Sustainable Development Goals (SDGs) have suffered significant setbacks, and...
Persistent link: https://www.econbiz.de/10013169521
Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is...
Persistent link: https://www.econbiz.de/10013169568
Niger's new government developed an ambitious reform agenda in the face of daunting challenges. The previous ECF-supported program was able to preserve macroeconomic stability and implement some key PFM reforms, notwithstanding the pandemic. However, progress on revenue mobilization was more...
Persistent link: https://www.econbiz.de/10013169580
Ensuring macroeconomic stability, providing a foundation for sustainable and inclusive growth, and addressing weak governance are the tenets of the ECF-supported program. The COVID-19 pandemic was a painful setback, but economic activity should recover by end-2021 and prospects for growth in...
Persistent link: https://www.econbiz.de/10013169629