Showing 1 - 10 of 56
This paper presents assessment results for the current state of the implementation of the Basel Core Principles for Effective Banking Supervision (BCP) in Spain. It found that significant changes have occurred in Spain since the last Financial Sector Assessment Program. The most serious has been...
Persistent link: https://www.econbiz.de/10011244598
This paper presents a detailed assessment of the observance of the Insurance Core Principles (ICP) of the International Association of Insurance Supervisors (IAIS) in Spain. The IMF, for their assessment, consulted the review of a self-assessment prepared by the General Directorate of Insurance...
Persistent link: https://www.econbiz.de/10011243657
This paper provides an update on the significant regulatory and supervisory development in the Spanish insurance sector since 2006. The Spanish authorities have taken steps to address a number of shortcomings identified in the 2006 Financial Sector Assessment Program. Most notably, cooperation...
Persistent link: https://www.econbiz.de/10011243830
Nigeria undertook a Financial Sector Assessment Program (FSAP), which included a review of the structure of Nigeria’s insurance market and the supervisory framework. The assessment was benchmarked against the Insurance Core Principles (ICPs) issued by the International Association of...
Persistent link: https://www.econbiz.de/10011244134
The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a … poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate … that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty …
Persistent link: https://www.econbiz.de/10011244636
This paper discusses key findings of the first annual progress report on the Poverty Reduction Strategy Paper (PRSP) for Central African Republic. The first year of PRSP implementation was characterized by an unfavorable international economic environment, with its repercussions on the national...
Persistent link: https://www.econbiz.de/10011244862
This paper focuses on the Fourth Review for Burkina Faso under the Poverty Reduction and Growth Facility program. All quantitative performance criteria were met, notably the targets for the fiscal deficit, revenues, and social expenditure. The authorities reiterated their commitment to reforming...
Persistent link: https://www.econbiz.de/10011244918
This 2007 Article IV Consultation highlights that Côte d’Ivoire’s crisis has taken a heavy toll on growth and social conditions. Per capita income fell by one-sixth, poverty rose, and many social indicators worsened. These developments have also hurt regional trade and output. The external...
Persistent link: https://www.econbiz.de/10011245029
Burkina Faso has set up ambitious developmental goals and outlined policies and reforms to reach these goals under the Strategy for Accelerated Growth and Sustained Development (SCADD). It is recognized that poverty alleviation is a long-term challenge, and there is greater scrutiny of the...
Persistent link: https://www.econbiz.de/10011245053
This paper discusses Côte d’Ivoire’s preliminary assessment of eligibility for assistance under the Enhanced Heavily Indebted Poor Countries Initiative. The March 2007 Ouagadougou Political Accord provides a roadmap for reunification, national reconciliation, demobilization, and...
Persistent link: https://www.econbiz.de/10011245534