This study estimated Indonesia's potential growth rate and examined its underlying determinants. Implementing a comprehensive program to address key influencing issues can improve the effectiveness of monetary policy, increase financial stability, and support capital market development. This...

The IMF Executive Board approved a 46-month USD 3 billion Extended Fund Facility (EFF) arrangement for Egypt in December 2022. The EFF-supported program aims to safeguard economic stability, restore buffers, and pave the way for inclusive and private sector-led growth. Following policy...

This paper focuses on Republic of Mozambique's Third Review under the Three-Year Arrangement under the Extended Credit Facility (ECF), Requests for Modification of the Monetary Policy Consultation Clause, Waiver of Nonobservance of Quantitative Performance Criterion, and Financing Assurances...

This paper presents Paraguay's Second Review under the Policy Coordination Instrument, Request for an Extension of the Policy Coordination Instrument, Modification of Targets, Inflation Band Consultation, and Request of Arrangement under the Resilience and Sustainability Facility (RSF). The...

This paper highlights Zambia's Second Review under the Arrangement under the Extended Credit Facility, Requests for a Waiver of Nonobservance of a Quantitative Performance Criterion, Modifications of the Monetary Policy Consultation Clause and of Quantitative Performance Criteria, and Financing...

This paper presents Armenia's 2023 Article IV Consultation and Second Review under the Stand-By Arrangement and Request for Modifications of Performance Criteria and Monetary Policy Consultation Clause. The Armenian authorities continue to treat the SBA as precautionary. Armenia's strong growth...

This Selected Issues paper focuses on policies to address climate change in Ukraine. The war has been a setback to continued progress on Ukraine's climate objectives. Over the longer term, Ukraine has potential to implement policies that internalize climate-related priorities as well as...

This technical note highlights macroprudential policy in Iceland. Macroprudential policy in Iceland recently has centered on the property market, given the importance of this market for households' balance sheets, banks' loan portfolios, and the potential systemic risks. The Central Bank of...

This paper highlights Republic of Mozambique's Second Review under the Three-Year Arrangement under the Extended Credit Facility (ECF), Requests for Modification of The Monetary Policy Consultation Clause, Waivers of Nonobservance for Quantitative Performance Criteria, and Financing Assurances...