Showing 1 - 10 of 278
Persistent link: https://www.econbiz.de/10015058391
This Selected Issues paper reviews the fiscal rules framework in Mauritius with a focus on the calibration of the debt and budget balance ceilings. The paper concludes that a new medium-term debt anchor could be up to 80 percent of gross domestic product (GDP) compared to the anchor of 60...
Persistent link: https://www.econbiz.de/10015060262
fiscal consolidation is important to reduce domestic financing needs and contain public debt vulnerabilities. With inflation …
Persistent link: https://www.econbiz.de/10015058750
This paper highlights Zambia's Second Review under the Arrangement under the Extended Credit Facility, Requests for a Waiver of Nonobservance of a Quantitative Performance Criterion, Modifications of the Monetary Policy Consultation Clause and of Quantitative Performance Criteria, and Financing...
Persistent link: https://www.econbiz.de/10015058789
inflation has decelerated faster than expected, continued caution is warranted to help anchor inflationary pressures and support … aligned with program targets. The tight monetary policy stance is appropriate to contain inflation pressures …
Persistent link: https://www.econbiz.de/10015059245
levels. Monetary policy was tightened to stem rising inflation, and fiscal positions improved owing to higher oil revenues …
Persistent link: https://www.econbiz.de/10015059271
pushed inflation to double digits. Monetary policy has been proactive, including a further 200bps increase in the policy rate …
Persistent link: https://www.econbiz.de/10015059942
This paper discusses Central African Economic and Monetary Community's (CEMAC) Common Policies in Support of Member Countries Reform Programs. CEMAC ended 2021 in a fragile external position, with gross reserves at only 2.7 months of prospective imports and net foreign assets at their lowest...
Persistent link: https://www.econbiz.de/10015060288
pandemic and the spillovers from the war in Ukraine. Headline inflation has been on the rise since the beginning of the year … economic recovery with maintaining price stability. In view of rising inflation, the National Bank of Rwanda should stand ready … to tighten monetary policy more aggressively to anchor inflation expectations. Implementation of the interest …
Persistent link: https://www.econbiz.de/10015060306
reforms. Economic growth is robust and inflation remains moderate. In spite of risks stemming from the uncertain global … investment selection and borrowing. Monetary policy will need to be vigilant and monitor inflation developments closely. Medium …
Persistent link: https://www.econbiz.de/10014394312