This Selected Issues paper focuses on scarring effects of the pandemic on the Eastern Caribbean Currency Union's (ECCU). Assessing the extent of the scarring effects is essential for the conduct of future economic policy in the ECCU. A better understanding of the factors affecting the scarring...

EXECUTIVE SUMMARYDuring the last ten years Rwanda has experienced one of the most exciting andfastest periods of growth and socio-economic progress in its history. It was tenth fastestgrowing economy in the world during the decade from 2000. At the same time more than amillion people have been...

CONTEXTRwanda has enjoyed strong economic performance over the last decade, supported bysignificant external aid and close engagement with the Fund, including under a PSIsince 2010. The authorities have requested a new three-year PSI in support of theirnew poverty reduction strategy (EDPRS...

Context: Mali is emerging from the worst security and political crisis in its recent history.Progress in political normalization to date has been encouraging: a successfulpresidential election, formation of the new government and the legislative elections havedemonstrated Mali's commitment to...

EXECUTIVE SUMMARYContext. The coalition government that came into office on December 12, 2012,remains fully committed to the pursuit of sound policies that are helping to consolidatemacroeconomic stability, despite a challenging external environment and moreuncertain oil prospects.Program...

Executive SummaryThe first NPRS was drafted in 2002 and the authorities promised to reduce the percentage of theSaotomean population living in poverty (53.8 percent) by half in 2010 and by two-thirds in 2015,and to decrease the percentage of the population living in extreme poverty from 15.1...

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

EXECUTIVE SUMMARYDonors have suspended some aid disbursements to Malawi in response to a scandalinvolving the theft of public funds. A group of public servants exploited weaknesses in thecontrol environment of the government's Integrated Financial Management Information System(IFMIS) to make...