This note provides the IMF staff assessment of recent macroeconomic developments in Togo and progress under the Fund-supported three-year Poverty Reduction and Growth Facility program (PRGF) starting from January 2008 based on preliminary information through end-December 2008

New and revised international standards for safe and efficient Financial Market Infrastructures (FMIs) were published in April 2012. The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) reviewed the existing sets of standards...

Niger's macroeconomic performance in 2010 was strong, mainly reflecting the exceptional 2010-11 harvest. The bumper crop and the completion of the year-long transition to democracy have also brightened the near-term economic outlook. The recently-adopted revised 2011 budget foresees an increase...

The paper deals with the activities of Fund staff with taxation. It is made up of four parts. Part I outlines the connection between Fund major activities and taxation. Part II surveys general influences on Fund staff with implications for tax work. Part III outlines the relationship between...

Bhutan's growth was resilient to the financial crisis and the outlook remains positive. Containing fiscal expansion and enhancing liquidity management are necessary to avoid economic overheating. Strengthening bank supervision is also a top priority

Bhutan's growth has remained robust, but the current account deficit has widened. -- Bhutan's economy has expanded at a robust pace driven by the hydropower sector developments. GDP growth is estimated at nearly 8 percent in 2011/12 (from 8.5 percent in 2010/11), and is projected to reach 12.5...

The financial structure and operations of the IMF are described in this pamphlet, as well as the sources of IMF financing, the policies associated with the use of IMF resources, and the role of the IMF as trustee to various accounts that are administered by it

This pamphlet describes the financial structure and operations of the IMF, as well as the sources of IMF financing, the policies associated with the use of IMF resources, the role of the IMF as trustee to various accounts that are administered by it, and the safeguards established for protecting...