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Papua New Guinea (PNG) is a fragile state, vulnerable to recurrent shocks. A third wave of the COVID-19 pandemic is straining the healthcare system. Widespread vaccine hesitancy has contributed to very low uptake of the vaccines with about only 2 percent of the population fully vaccinated. Real...
Persistent link: https://www.econbiz.de/10013168920
of eligible debt service to the IMF falling due over the 12 months starting from March 25, 2021 …
Persistent link: https://www.econbiz.de/10012517606
Recent economic developments. Supported by a large policy package, Serbia's economy rebounded quickly from the initial COVID-19 shock, recording a 1 percent contraction of real GDP in 2020. Job losses have mostly been contained to the informal sector, thanks to policy measures aimed at...
Persistent link: https://www.econbiz.de/10012604207
mission was to support staff in improving the quality of fiscal and public debt data for the general government and migration … of the fiscal framework to Government Finance Statistics Manual 2014 (GFSM 2014) concepts to facilitate fiscal and debt … development aimed at supporting member countries to adopt the GFSM 2014 and the Public Sector Debt Statistics Guide (PSDSG 2011) …
Persistent link: https://www.econbiz.de/10012604454
Sudan, with the support of the international community, is seeking to implement an ambitious reform program to address major macroeconomic imbalances and support sustainable, inclusive growth. A new transitional government was established in the wake of the 2019 revolution with the mandate to...
Persistent link: https://www.econbiz.de/10012517589
plan to reduce debt vulnerabilities through a combination of a debt workout and a multi-year fiscal consolidation program …
Persistent link: https://www.econbiz.de/10013169125
Persistent link: https://www.econbiz.de/10001953983
As other emerging economies reliant on tourism (about 25 percent total contribution of tourism-related industries in GDP and employment), Croatia has been hit hard by the pandemic and two devastating earthquakes, leading the economy to contract by 8.0 percent in 2020. Vaccinations have been...
Persistent link: https://www.econbiz.de/10012697802
much larger drops for contact-intensive services. Public and corporate debt increased strongly and preexisting …
Persistent link: https://www.econbiz.de/10012604038
Pre-pandemic, Bosnia and Herzegovina's (BiH) economy was growing, but at a pace below the more successful countries in Eastern Europe. The pandemic generated a substantial output contraction in 2020. Early in the pandemic, the authorities successfully implemented restrictions to prevent the...
Persistent link: https://www.econbiz.de/10012516478