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reforms, including strengthening the fiscal policy framework and reforming the securities dealers sector. Based on the … performance to date and the authorities’ updated policy intentions and commitments, IMF staff recommends completion of the …
Persistent link: https://www.econbiz.de/10011242884
This 2009 Article IV Consultation highlights that the Zambian economy has performed well in recent years and showed some resilience to the recent global recession. Growth in 2009 is now projected at 5.3 percent, in line with the average for recent years, as the slowdown in the tertiary sector...
Persistent link: https://www.econbiz.de/10011244646
fiscal crisis is starting to affect external stability. Notwithstanding the fiscal crisis, banks continue to remain well … capitalized and profitable. The 2011–12 budget promises to make significant progress in fiscal adjustment while safeguarding …
Persistent link: https://www.econbiz.de/10011244878
create fiscal space for increased spending on infrastructure and social sectors. They commended the tight monetary policy and … fiscal stances, revenue reforms, and efforts to strengthen debt management. They welcomed financial sector reforms and also …
Persistent link: https://www.econbiz.de/10011245273
The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic focuses on economic developments and policies. The nominal exchange rate has remained broadly stable. Discussions focused on refining the end-September...
Persistent link: https://www.econbiz.de/10005248068
. Profitability in nonfinancial firms has picked up, and corporate balance sheets are being repaired. On the policy front, Germany has …
Persistent link: https://www.econbiz.de/10005252824
Assurances for Gabon. Rising non-oil revenue and continued expenditure control contributed to maintaining fiscal discipline, and … all quantitative performance criteria for end-March 2005 were observed. Structural fiscal reforms are needed to improve …
Persistent link: https://www.econbiz.de/10005252896
fiscal instruments to deal with regional shocks. We assess how these features influence the magnitude and persistence of … factors behind these outcomes and policy implications. …
Persistent link: https://www.econbiz.de/10005263862
The paper surveys the role of financial markets and fiscal institutions in the transformation process going on in … allocate them efficiently; and (c) the major reforms necessary in the fiscal area. It also calls attention to the extent to … which monetary and fiscal policies overlap in these countries and the implications of that overlapping. …
Persistent link: https://www.econbiz.de/10005264034
This paper reviews the Report on the Observance of Standards and Codes on Fiscal Transparency for Ukraine, and provides … an assessment of fiscal transparency practices in Ukraine against the requirements of the IMF Code of Good Practices on … Fiscal Transparency. It reviews the description of practice, prepared by the IMF staff on the basis of discussions with the …
Persistent link: https://www.econbiz.de/10005825186