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Ghana’s macroeconomic outlook is positive, and the medium-term policy stance is appropriate. On the fiscal side, the government plans to scale up infrastructure investment and further boost revenues. A revised debt sustainability analysis suggests scope for higher nonconcessional...
Persistent link: https://www.econbiz.de/10011245691
Russia’s large oil and gas reserves play a key role in its economic development. As with many other large oil exporters, Russia’s energy wealth is also posing numerous challenges to macroeconomic management. Although fiscal policy has saved a large part of the oil windfall in the...
Persistent link: https://www.econbiz.de/10011245715
Cambodia’s 2004 Article IV Consultation reports that the macroeconomic performance has been generally good, reflecting both favorable external developments and prudent fiscal policy. Exports soared following a bilateral trade agreement with the United States, and large aid inflows helped...
Persistent link: https://www.econbiz.de/10005768384
This paper examines Peru’s Request for a Stand-By Arrangement (SBA). Performance under the 2002–03 SBA was satisfactory. This performance provides a solid basis for continuing with policies aimed at maintaining macroeconomic stability. The authorities are requesting a 26-month SBA...
Persistent link: https://www.econbiz.de/10005768609
This paper presents Indonesia’s 2005 Article IV Consultation and Third Post-Program Monitoring discussions. The economic strategy has produced positive results over time. Economic growth has gained momentum year by year, inflation has been substantially reduced, and the external position...
Persistent link: https://www.econbiz.de/10005591694
The staff report for the 2006 Article IV Consultation on Antigua and Barbuda highlights the economic backdrop and outlook for restoring sound public finances. The government of Antigua and Barbuda has adopted an ambitious reform program in its endeavor to pull the economy from decades of fiscal...
Persistent link: https://www.econbiz.de/10011242743
This technical assistance report on Zambia discusses the governance and anti-corruption assessment. Acknowledging the … need to address corruption, strengthen governance and the rule of law, the President and authorities of Zambia have … authorities sought the IMF's assistance to analyse governance weaknesses and corruption vulnerabilities and make specific, country …
Persistent link: https://www.econbiz.de/10015059835
Cover -- Table of Contents -- Abbreviations -- PEFA Secretariat/Disclosure of Quality Assurance Mechanism -- Summary of the Assessment -- I. Introduction -- II. Niger Background -- A. Economic situation of the country -- B. Budgetary objectives -- C. Legal and institutional framework for public...
Persistent link: https://www.econbiz.de/10012689856
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
Persistent link: https://www.econbiz.de/10014409347
This Technical Assistance Report on Slovak Republic discusses implementing public expenditure limits (PEL). The main objective behind the introduction of the PEL is to create an operational instrument to strengthen fiscal discipline and fiscal sustainability. The introduction of the PEL provides...
Persistent link: https://www.econbiz.de/10015058968