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Persistent link: https://www.econbiz.de/10000580072
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument'). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a...
Persistent link: https://www.econbiz.de/10014409986
In a previous assessment, it was concluded that the British Virgin Islands (BVI) regulatory system governing securities markets functioned well overall, but required improvement in certain areas. Those areas are implemented with regulatory code, Securities and Investment Business Act (SIBA),...
Persistent link: https://www.econbiz.de/10014403693
This paper discusses reasons functions of the IMF, why it needs more resources, and how these resources will be used. The IMF provides a forum for cooperation, having as its objective the balanced expansion of international trade in order to stimulate employment and improve economic conditions...
Persistent link: https://www.econbiz.de/10014397526
This Selected Issues paper assesses the fiscal risk impact of various events in Tonga and describes the challenges implied for fiscal management. The paper discusses that the Tongan government has made various efforts to limit the budgetary implications of the recent economic and political...
Persistent link: https://www.econbiz.de/10014403213
This paper examines the IMF's concepts of convertibility and gives some impression of their purposes. The central concept of convertibility in the Articles is the convertibility of Article VIII, Sections 2, 3, and 4. Under it, the basic rule is that members must avoid restrictions on the making...
Persistent link: https://www.econbiz.de/10014394420
agreements with the National Bank of Belgium (Belgium) and the Swiss National Bank (Switzerland), effective on August 30, 2017 …. These new borrowing agreements with Belgium and Switzerland provide new resources equivalent to SDR 350 million and SDR 500 …
Persistent link: https://www.econbiz.de/10014408669
Switzerland. It examines the intertemporal consistency between current policy plans and unfunded liabilities, focusing primarily … the generous disability and pension systems. The paper also examines the need for health care reforms in Switzerland …
Persistent link: https://www.econbiz.de/10014406014
This paper focuses on the observance of standards and codes on fiscal transparency for Switzerland. The assessment …
Persistent link: https://www.econbiz.de/10014410960
This technical note presents an update to the Financial System Stability Assessment (FSSA) on Switzerland. It reveals …
Persistent link: https://www.econbiz.de/10014403123