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continued caution over price stability. In addition, the economy’s vulnerability to developments in the hydrocarbon sector is … business climate, attract foreign investment, and improve Algeria’s integration into the world economy. Public investment needs … to be preserved, and its efficiency reinforced. The financial sector is critical to the development of the economy …
Persistent link: https://www.econbiz.de/10014394278
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/10014394909
Staff Report for the 2012 Article IV consultation, prepared by a staff team of the IMF, following discussions that ended on July 23, 2012, with the officials of Sudan on economic developments and policies. Based on information available at the time of these discussions, the staff report was...
Persistent link: https://www.econbiz.de/10014395593
EXECUTIVE SUMMARY Context. On June 7, 2013, the Executive Board approved a 24-month Stand-By Arrangement in an amount equivalent to 400 percent of quota (SDR 1.146 billion or about $1.75 billion). To date, SDR 573 million equivalent to $877 million has been disbursed. The pillars of the program...
Persistent link: https://www.econbiz.de/10014411510
economic recovery and adjusting the economy to its new potential. The current staff monitored program (SMP) is providing an …
Persistent link: https://www.econbiz.de/10014411541
This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid...
Persistent link: https://www.econbiz.de/10014411626
KEY ISSUES Context. Saudi Arabia's economy has grown very strongly in recent years, benefitting from high oil prices … global oil market. The economy has not been affected by the recent global financial market volatility. The Saudi population … diversified economy is a challenge given Saudi Arabia's vast oil resources. The government is making considerable efforts to lay …
Persistent link: https://www.econbiz.de/10014411641
KEY ISSUES Context. High oil prices and production have contributed to sizable fiscal and external surpluses. Non-oil growth has picked up, mainly driven by consumption and investment. Political developments in the last few years have had an adverse impact on the implementation of public...
Persistent link: https://www.econbiz.de/10014411755
This Selected Issues paper discusses the designing and implementing of Kuwait’s fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal strategy design and implementation on a yearly basis are based on a few key...
Persistent link: https://www.econbiz.de/10014411756
. But the economy’s dependence on the hydrocarbon sector has led to serious vulnerabilities that are now coming to light …
Persistent link: https://www.econbiz.de/10014411760