This paper discusses Sri Lanka's Sixth Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Waiver of Nonobservance and Modification of Performance Criterion. The Sri Lankan economy is gradually recovering from the impact of the Easter Sunday terrorist attacks....

This paper focuses on Bangladesh's 2023 Article IV Consultation, First Reviews under the Extended Credit Facility Arrangement, Arrangement under the Extended Fund Facility, and the Resilience and Sustainability Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance...

This paper focuses on Sri Lanka's First Review under the Extended Arrangement under the Extended Fund Facility, Requests for a Waiver of Nonobservance of Performance Criterion, Modification of Performance Criteria, Rephasing of Access, and Financing Assurances Review. Sri Lanka's performance...

This paper focuses on Papua New Guinea's First Reviews under Extended Arrangement under the Extended Fund Facility (EFF) and an Arrangement under the Extended Credit Facility (ECF), and Request for Modification of Quantitative Performance Criteria. Papua New Guinea's economic outlook remains...

This paper presents Nepal's Third Review under the Extended Credit Facility (ECF) Arrangement. Nepal has made good progress with the implementation of the program, which has helped mitigate the impact of the pandemic and global shocks on economic activity, protect vulnerable groups, and preserve...

This paper presents Nepal's the 2023 Article IV Consultation, First and Second Reviews under the Extended Credit Facility (ECF) Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement, and Rephasing of Disbursements. Completion of the first and...

This paper presents Papua New Guinea's Requests for an Arrangement under the Extended Credit Facility (ECF) and an Extended Arrangement under the Extended Fund Facility (EFF). The 38-month arrangement will support Papua New Guinea's reform agenda, which seeks to help protect the vulnerable and...

This paper presents Sri Lanka's Request for an Extended Arrangement under the Extended Fund Facility (EFF). The objectives of the EFF-supported program are to restore macroeconomic stability and debt sustainability, safeguarding financial stability, and stepping up structural reforms to unlock...

This 2023 Article IV Consultation highlights that the Samoan economy has begun recovering after a three-year recession driven by the coronavirus disease 2019 (COVID-19) pandemic. A rebound in economic activity has followed the lifting of domestic COVID-19restrictions in July and the pickup in...

Fiscal performance has been broadly in line with program targets. As a result, the current account deficit has narrowed, reserves have increased significantly, and headline inflation is under control. However, implementation of structural benchmarks has lagged, necessitating sharper focus and...