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The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all...
Persistent link: https://www.econbiz.de/10014396236
Since the last Article IV Consultation, the Sri Lankan economy has advanced on several fronts. However, the economic effects of the two-decade long civil conflict are yet to be overcome, and many challenges remain. Recently, heightened political uncertainty has constrained the government’s...
Persistent link: https://www.econbiz.de/10014406425
This Selected Issues paper on Iran focuses on the Targeted Subsidy Reform Law (TSRL). This is the basic law governing … the implementation of the subsidy reform in Iran. The TSRL envisaged bringing subsidized prices close to international …
Persistent link: https://www.econbiz.de/10011244300
This staff report for the 2014 Article IV Consultation on the Islamic Republic of Iran focuses on economic developments …
Persistent link: https://www.econbiz.de/10011245474
This paper reviews economic developments in the Islamic Republic of Iran during 1990–96. Iran experienced heightened …
Persistent link: https://www.econbiz.de/10014397998
The Iranian economy recovered on the strength of international oil prices, strong rebound in agricultural sector, and rapid credit expansion. Inflation was contained while fiscal and external positions improved. Key policy priorities are to maintain short-term macroeconomic stability, transition...
Persistent link: https://www.econbiz.de/10014398451
In this study, the role of the financial sector and Islamic finance in the development of Iran’s economic strategy is … discussed. The structure and governance aspects of Iran’s financial system are explained by means of equity finance and the … banks in Iran are analyzed. Finally, a framework for Iran’s financial stability is explained. Financial, operational …
Persistent link: https://www.econbiz.de/10014398481
This paper reviews recent developments in the exchange system in the Islamic Republic of Iran and in the real effective …
Persistent link: https://www.econbiz.de/10014401804
The Islamic Republic of Iran inherited a highly centralized economy. The state-owned enterprises had monopolies over … large sectors of the economy, including the financial system. This was compounded by Iran's excessive dependence on the … volatile oil exports. Iran's five-year development plan aims at accelerating growth to create sufficient employment …
Persistent link: https://www.econbiz.de/10014404892
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014405014