Showing 1 - 10 of 194
need to strengthen the Secretary of Finance and Public Credit’s role in designing medium- and long-term development …
Persistent link: https://www.econbiz.de/10011244193
The economic slowdown as a result of the global crisis has been severe, and the recovery has not yet taken hold. Despite ample buffers, including large fiscal space and strong international reserves, the policy response to the crisis has been constrained. Inflation has resurfaced as a concern...
Persistent link: https://www.econbiz.de/10011244205
recommendations of the 2004 FSAP. Many improvements have been made to bank and securities supervision. The banking sector as a whole …
Persistent link: https://www.econbiz.de/10011244277
Observance of Standards and Codes on Banking Supervision and Insurance Regulation. Commercial banks are by far the dominant …
Persistent link: https://www.econbiz.de/10011244278
This paper discusses the Former Yugoslav Republic of Macedonia’s Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria and Rephasing of the Program. The 2007 fiscal deficit target increased modestly to 1 percent of GDP. Taxes were cut and budget...
Persistent link: https://www.econbiz.de/10011244281
The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision … in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with … of the supervisory capacity of Nigerian banking system supervisors. …
Persistent link: https://www.econbiz.de/10011244308
Investment Company (IC) sector. Stress tests indicate that, in contrast to the ICs, the banking system could broadly withstand … banking sector from the crisis. It shows that the enactment of the capital market law is an important step toward the creation …
Persistent link: https://www.econbiz.de/10011244313
This technical note discusses the lessons learned from the financial crisis in Russia in 2008. The note summarizes key findings and recommendations, and analyzes the institutional framework and coordination arrangements for systemic risk monitoring and crisis management. It also covers crisis...
Persistent link: https://www.econbiz.de/10011244415
This 2008 Article IV Consultation highlights that Montenegro has made significant progress in overhauling its economy. The authorities have taken several welcomed steps to help strengthen financial sector stability. Executive Directors have welcomed the structural reforms implemented over the...
Persistent link: https://www.econbiz.de/10011244435
The global financial crisis provided Nigerian banks with opportunities to expand within Sub-Saharan Africa. Nigerian banks have active cross-border liquidity flows, which may complicate the operation of monetary policy. The Central Bank of Nigeria (CBN) should enhance further its work in...
Persistent link: https://www.econbiz.de/10011244542