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The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement—primarily through successive medium-term programs under the...
Persistent link: https://www.econbiz.de/10010790497
This 2006 Article IV Consultation highlights that with generally prudent macroeconomic policies, Namibia has enjoyed robust growth, moderate inflation, and strong external surpluses. Growth is expected to increase to 4½ percent in 2006, after 4¼ percent in 2005, owing in part to a recovery...
Persistent link: https://www.econbiz.de/10011244194
accomplishments and shortcomings of the past year, focusing on outcomes rather than inputs. It points to evidence of continued poverty … presents an updated description of the dynamics of poverty and inequality in Moldova. …
Persistent link: https://www.econbiz.de/10011244213
Efficiency and equity reasons suggest placing a high priority on ensuring that fiscal policy is on a sustainable path. This chapter has sought to estimate the sustainable long-term non-oil primary deficit and the optimal adjustment path toward that level. The banks’ inability to monitor...
Persistent link: https://www.econbiz.de/10011244307
This Joint Staff Advisory Note (JSAN) highlights the Poverty Reduction Strategy Paper–Country Development Strategy … experience from the National Poverty Reduction Strategy (NPRS). This JSAN provides advice on key priorities for strengthening the … strategy and promoting the effective implementation of CDS. It reviews poverty trends, macroeconomic and sectoral policies in …
Persistent link: https://www.econbiz.de/10011244317
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure...
Persistent link: https://www.econbiz.de/10011244336
Mauritania achieved substantial progress owing to its macroeconomic policies, budget formulation, governance, and transparency under the economic program. Executive Directors commended the program and emphasized the need for tight fiscal and monetary policies. Directors noted the implementation...
Persistent link: https://www.econbiz.de/10011244743
The Union of the Comoros’s Interim Poverty Reduction Strategy (PRGS) paper reports that the government⠅
Persistent link: https://www.econbiz.de/10011244800
for private enterprise and sectoral strategies; and poverty reduction and social protection programs. Economic growth in …
Persistent link: https://www.econbiz.de/10011244873