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This Selected Issues paper on Iran focuses on the Targeted Subsidy Reform Law (TSRL). This is the basic law governing … the implementation of the subsidy reform in Iran. The TSRL envisaged bringing subsidized prices close to international …
Persistent link: https://www.econbiz.de/10011244300
This staff report for the 2014 Article IV Consultation on the Islamic Republic of Iran focuses on economic developments …
Persistent link: https://www.econbiz.de/10011245474
This 2015 Article IV Consultation highlights that economic activity in Iran has slowed down significantly since the …
Persistent link: https://www.econbiz.de/10014407955
This Selected Issues paper discusses some options to strengthen Iran's fiscal framework, and highlights the need for a … medium-term framework. Fiscal policy design in Iran faces numerous challenges. Some are current, such as managing volatile … these issues would help Iran achieve its objective of becoming one of the fastest-growing emerging economies …
Persistent link: https://www.econbiz.de/10014407956
This Selected Issues paper on Kenya reviews Kenya’s external stability in a context where the exchange rate has strengthened and capital inflows are playing an increasingly important role. Kenya’s external current account deficit has widened, reflecting strong import volumes as...
Persistent link: https://www.econbiz.de/10011244282
This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile’s macroeconomic framework. The findings suggest that the rule is near the volatility-minimizing efficiency frontier. The paper assesses the vulnerability of the Chilean banking system to...
Persistent link: https://www.econbiz.de/10011244474
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
Tunisia’s reliance on European countries for export earnings, tourism, remittances, and foreign direct investment inflows has remained high over the last decades. Remittances and tourism receipts have been broadly stable in percent of GDP, with somewhat more fluctuations in the latter...
Persistent link: https://www.econbiz.de/10011244594
This 2007 Article IV Consultation highlights that the lengthy expansion brought the Australian economy to a position of near full employment. Inflation had eased in late 2006 and early 2007, but accelerated in the second quarter. The current account deficit was 5½ percent of GDP in 2006. The...
Persistent link: https://www.econbiz.de/10011244612
The macroeconomic environment is sound, with low inflation and a comfortable external position, although the fiscal position remains a concern for the medium term. The authorities have successfully privatized and liberalized the telecommunications, energy, and transportation sectors. Moreover,...
Persistent link: https://www.econbiz.de/10011244655