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Persistent link: https://www.econbiz.de/10015058399
moderate inflation. The program performance remains broadly satisfactory. Key policy priorities include preserving …
Persistent link: https://www.econbiz.de/10015058829
exchange (FX) shortages, a large spread in the parallel market, and constrained imports, all of which fueled inflation and … weighed on growth. At the same time, delays in raising the policy rate in response to higher-thanexpected inflation resulted … with macroeconomic stability contributed significantly to foreign exchange and inflation pressures. Spillovers from the …
Persistent link: https://www.econbiz.de/10015058484
gradually to more sustainable levels, as foreign exchange and migrant inflows peter out. Inflation has rapidly declined due to … low imported food and energy inflation, Dram appreciation, and tight monetary policy. The uncertain external environment …
Persistent link: https://www.econbiz.de/10015080324
This selected issue paper discusses the desirable institutional and macro-financial conditions and optimal path toward greater exchange rate flexibility in the Islamic Republic of Mauritania. It also identifies the macro-financial risks that arise and mitigation measures supporting a smooth...
Persistent link: https://www.econbiz.de/10015059714
The Regional Economic Outlook assesses the near-term outlook for each of the three subregions: the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) oil exporters, the MENAP oil importers, and the Caucasus and Central Asia (CCA). The report also looks at medium-term issues of...
Persistent link: https://www.econbiz.de/10014400485
The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact. Looking ahead, the region's oil exporters are expected to benefit from rising oil prices as the world economy begins to pull out of an...
Persistent link: https://www.econbiz.de/10014404366
in the CCA countries was higher than expected. Three main policy challenges to CCA countries are rising inflation …
Persistent link: https://www.econbiz.de/10014401888
The Arab Spring holds the promise of improved living standards and a more prosperous future for the peoples of the Middle East and North Africa region. At the same time, the region is witnessing uncertainty and economic pressures from domestic and external sources, which will likely be...
Persistent link: https://www.econbiz.de/10014398048
KEY ISSUES Inflation subsided in 2013 but preexisting and emerging macro-financial vulnerabilities need to be tackled …. After reaching a 15-year high in 2012, inflation is coming back within the central bank’s target thanks to tighter monetary …
Persistent link: https://www.econbiz.de/10014394278