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This 2023 Article IV Consultation discusses that Romania has weathered the economic shocks from the pandemic, Russia … renders Romania vulnerable. The scope to respond to adverse developments is circumscribed by a structural budget deficit well …
Persistent link: https://www.econbiz.de/10015058873
, with risks to the outlook mostly on the downside. With strong trade and financial sector linkages, Romania is exposed to …
Persistent link: https://www.econbiz.de/10014395617
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014411319
KEY ISSUES Background: In February 2014, the Executive Board approved a three-year Extended Arrangement with access equivalent to SDR 295.42 million (492.4 percent of quota). So far, three purchases totaling the equivalent of SDR 94.2 million have been made, and another one equivalent to SDR...
Persistent link: https://www.econbiz.de/10014412108
Recent developments, outlook, and risks. Kosovo's economy has continued to perform well, despite a challenging external environment. Real GDP growth moderated to 3¼ percent in 2023 amid subdued external demand. Inflation has decelerated sharply, reaching 2 percent y/y in the first quarter of...
Persistent link: https://www.econbiz.de/10015058377
Two years of Russia's war in Ukraine have taken an enormous humanitarian and economic toll. Skillful policymaking supported by external financing has helped maintain macroeconomic stability, and the authorities have advanced important structural reforms. Households and business have continued...
Persistent link: https://www.econbiz.de/10015058560
This paper presents Republic of Serbia's Second Review under the Stand-By Arrangement, and Request for Modification of Performance Criteria. Despite a challenging global environment, growth is recovering, and the labor market is resilient. The current account deficit has narrowed significantly,...
Persistent link: https://www.econbiz.de/10015058804
This paper presents Republic of Moldova's 2023 Article IV Consultation, Fourth Reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements, Request for Extension and Rephasing of the Arrangements, and Request for an Arrangement under the Resilience and...
Persistent link: https://www.econbiz.de/10015058815
This paper presents Ukraine's 2023 Article IV Consultation, Second Review under the Extended Arrangement under the Extended Fund Facility (EFF), and Requests for Modification of Performance Criteria and a Waiver of Nonobservance of Performance Criterion. The authorities have made strong progress...
Persistent link: https://www.econbiz.de/10015058860
This paper presents Republic of Kosovo's First Reviews Under the Stand-By Arrangement (SBA) and the Arrangement under the Resilience and Sustainability Facility (RSF) and Request for Modification of Reform Measure. The authorities are making very good progress in implementing their policy agenda...
Persistent link: https://www.econbiz.de/10015058918