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Rwanda’s Second and Third Reviews under the Poverty Reduction and Growth Facility, and request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by IMF staff to have slowed to...
Persistent link: https://www.econbiz.de/10005825455
This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability...
Persistent link: https://www.econbiz.de/10008559268
The most important challenge faced by the Djibouti authorities is to achieve high rates of economic growth in order to create employment opportunities for a rapidly increasing labor force and to alleviate rising poverty. In this paper, developments and the role of the financial system during the...
Persistent link: https://www.econbiz.de/10005591793
This note summarizes the stress tests undertaken for the German banking system as part of the Financial Sector … Assessment Program (FSAP) update. Solvency tests for the German banking system assessed medium-term vulnerabilities under two …
Persistent link: https://www.econbiz.de/10011242747
The staff report gives details of some selected issues of France, namely its credit developments, systematic linkages of French banks, the need for a significant fiscal consolidation for macroeconomic stability, an update on the developments of France's external competitiveness, and also the...
Persistent link: https://www.econbiz.de/10011243808
This Selected Issues paper and Statistical Appendix for the Kingdom of Swaziland assesses the interaction of nonbank financial institutions (NBFIs) within the financial system and the real economy. Understanding the type of flows will help in designing policies to better manage capital flows and...
Persistent link: https://www.econbiz.de/10011244722
This Technical Note focuses on banking sector structure in Germany. Germany’s banking system comprises three â …. The German banking system includes a large number of institutions in both absolute and relative terms. This note describes … the evolution of Germany’s three-pillar banking system. It analyzes capitalization, credit and the intermediation of …
Persistent link: https://www.econbiz.de/10011244755
This paper discusses key findings of the Sixth Review under the Poverty Reduction and Growth Facility (PRGF) for Rwanda. All end-2008 quantitative performance criteria were met, and performance through March 2009 was broadly satisfactory. IMF staff recommends completion of the sixth review under...
Persistent link: https://www.econbiz.de/10011244909
strengthening the resilience of the country's financial sector. Total assets of the banking sector have increased twofold since 2003 … the banking sector, creating potential vulnerabilities. The rapid growth in nontraditional banking activities is …
Persistent link: https://www.econbiz.de/10011245298
The Fourth Review Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria for Rwanda are analyzed. The implementation of policies improved considerably in 2004, although economic performance has been adversely affected by exogenous shocks....
Persistent link: https://www.econbiz.de/10005591604