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The staff report on the Ex Post Assessment of Longer-Term Program Engagement for the Republic of Azerbaijan highlights macroeconomic performance and fiscal policy. On the structural front, significant progress was achieved in fiscal management, the privatization of small- and medium-size...
Persistent link: https://www.econbiz.de/10005591497
The staff report for the 2008 Article IV Consultation of Romania reviews the issues to tighten fiscal policy, putting less of the stabilization burden on the fledgling inflation-targeting framework. GDP growth has remained strong, underpinned by massive capital inflows. Executive Directors...
Persistent link: https://www.econbiz.de/10011244810
Important progress can be seen in the economic and policy environment in Portugal, but challenges remain. Firm implementation of strategy is essential to meet these challenges. It will be essential that expenditure measures move to the forefront, realizing the planned shift away from...
Persistent link: https://www.econbiz.de/10011245544
Petroleum is now by far Timor-Leste’s largest source of income. If well harnessed, Timor-Leste’s petroleum wealth offers the potential for a more prosperous future. This Selected Issues paper provides an overview of how Timor-Leste’s Petroleum Fund functions. It considers...
Persistent link: https://www.econbiz.de/10011244701
the SBA have sought to reduce Croatia’s savings-investment imbalance and stabilize the external debt-to-GDP ratio …
Persistent link: https://www.econbiz.de/10011244734
strengthening in domestic savings and rise in domestic investment permanent, auguring well for accelerated growth within a …
Persistent link: https://www.econbiz.de/10014400063
The economy continues to recover at a steady pace, buoyed by strong activity in the oil and gold sectors, as well as public investment. In the wake of the January 2011 devaluation and concurrent increase in taxes, the fiscal balance shifted from a deficit of 3 percent of GDP in 2010 to a surplus...
Persistent link: https://www.econbiz.de/10011242538
activity in Suriname. The estimates are broadly consistent with prior empirical findings. The results reveal a strong …
Persistent link: https://www.econbiz.de/10011242836
This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most … economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses … to construct a monthly indicator of economic activity for Suriname. The indicator provides information about the pace of …
Persistent link: https://www.econbiz.de/10011243069
This 2014 Article IV Consultation highlights that Suriname’s macroeconomic conditions weakened in 2013 as gold and oil prices declined. With those prices falling below recent peaks, the large fiscal and external sector exposures to the mineral sector continued their deterioration in 2013,...
Persistent link: https://www.econbiz.de/10011243158