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Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average … countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to … foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital …
Persistent link: https://www.econbiz.de/10014398730
fruit, with notable achievements being the implementation of new government expenditure and accounting procedures and …
Persistent link: https://www.econbiz.de/10011244160
In April 2009, the Boards of Executive Directors of the International Development Association (IDA) and the International Monetary Fund (IMF) agreed that Côte d’Ivoire had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC)...
Persistent link: https://www.econbiz.de/10011244164
Albania enjoyed strong growth with comparatively benign external vulnerabilities before the crisis. Monetary policy provided timely support, and the exchange rate functioned as a shock absorber. However, policy buffers are now exhausted and must be rebuilt. Fiscal tightening has to be quickly...
Persistent link: https://www.econbiz.de/10011244179
and caused serious fiscal losses. The new financing strategy is based on issuing debt instruments in the regional … financial market to improve the domestic debt profile. IMF staff recommends completion of the second review, granting of waivers …
Persistent link: https://www.econbiz.de/10011244185
developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is …
Persistent link: https://www.econbiz.de/10011244208
developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is …
Persistent link: https://www.econbiz.de/10011244215
This paper discusses key findings of the 2005 Status Report on Poverty Reduction Strategy Paper (PRSP) on Niger. The report is based on an assessment of economic and financial performance and sectoral policy and strategy implementation in 2005. The findings reveal that implementation of the...
Persistent link: https://www.econbiz.de/10011244221
progress in the near future. These triggers relate to publication of audited government accounts, implementation of a new …
Persistent link: https://www.econbiz.de/10011244242
The economy of Honduras contracted as a result of the global economic crisis. In the economic policy area, the authorities gave priority to strengthening the financial position of the public sector and restarting the external assistance. Measures are taken to strengthen the fiscal position, in...
Persistent link: https://www.econbiz.de/10011244248