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Persistent link: https://www.econbiz.de/10010790475
stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining …, and services; as well as the scaling-up of infrastructure investment. Nonetheless, important impediments to broad …-based growth remain, including large infrastructure gaps, insufficient energy supply, and limited access to safe water and …
Persistent link: https://www.econbiz.de/10011244166
This paper discusses Romania’s Seventh and Eighth Reviews Under the Stand-by Arrangement and Request for Waiver of Nonobservance of Performance Criteria. Continued strong fiscal consolidation would enable Romania to exit the EU Excessive Deficit Procedure by mid-2013; prudent monetary policy...
Persistent link: https://www.econbiz.de/10011244295
This 2014 Article IV Consultation and Second Review Under the Policy Support Instrument highlights that Rwanda’s economic performance since the turn of the century has been remarkable. Strong policies have played a key role in maintaining real GDP growth at 7.8 percent on average since...
Persistent link: https://www.econbiz.de/10011244324
This paper discusses Uganda’s Third Review Under the Policy Support Instrument (PSI). Supported by generally sound policies, Uganda’s economic performance was positive in FY2013/14. All quantitative assessment criteria and structural benchmarks were met, and the authorities have...
Persistent link: https://www.econbiz.de/10011244647
Timor-Leste has made substantial progress toward restoring stability and rebuilding the country after emerging from a long struggle for independence and internal conflicts between 1999 and 2006. The government has launched its Strategic Development Plan to step up development. A well-managed...
Persistent link: https://www.econbiz.de/10011244672
This 2013 Article IV Consultation highlights that economic growth in Solomon Islands is slowly rebounding from the slowdown of the first half of 2013, when agriculture, logging, and gold production fell, owing mainly to unfavorable weather developments, lower terms of trade, and one-off factors....
Persistent link: https://www.econbiz.de/10011244781
through targeted infrastructure investments. The Executive Directors of the International Monetary Fund (IMF) noted the …
Persistent link: https://www.econbiz.de/10011244944
longer term, but as funding is needed for infrastructure, maintenance, and social services, new revenue measures have to be … agricultural sectors. The financing options for new large infrastructure projects have to be assessed. …
Persistent link: https://www.econbiz.de/10011244974
For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate...
Persistent link: https://www.econbiz.de/10011242233