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-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory …
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contagion. The output decline was contained by health spending, social transfers, and public investment resilient to natural …-high Citizenship-by-Investment (CBI) revenue. The financial sector remained stable and liquid, but vulnerability continue to be …
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, public investment averaged 6.5 percent of gross domestic product (GDP), which has translated into an estimated capital stock … of about 65 percent in constant 2011 GDP. However, a level of public investment is still lower than neighboring countries …
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This remote mission provided the authorities with advice in fiscal risk management. The mission covered three interrelated topics: (i) the Public Finance and Expenditure Management (PFEM) Law and fiscal risks oversight and management; (ii) the Stated-Owned Corporations (SOC); and (iii) the...
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The economic impact of the pandemic has been much milder than initially foreseen, still the outlook remains challenging. The economy, dominated by financial services, adapted quickly to telework and benefited from unprecedented policy support, both domestically and globally. Uncertainty is...
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