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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...
Persistent link: https://www.econbiz.de/10009510804
exchange (FX) shortages, a large spread in the parallel market, and constrained imports, all of which fueled inflation and … weighed on growth. At the same time, delays in raising the policy rate in response to higher-thanexpected inflation resulted … with macroeconomic stability contributed significantly to foreign exchange and inflation pressures. Spillovers from the …
Persistent link: https://www.econbiz.de/10015058484
fiscal consolidation is important to reduce domestic financing needs and contain public debt vulnerabilities. With inflation …
Persistent link: https://www.econbiz.de/10015058750
Policy Coordination Instrument, Modification of Targets, Inflation Band Consultation, and Request of Arrangement under the …
Persistent link: https://www.econbiz.de/10015058778
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...
Persistent link: https://www.econbiz.de/10015058789
moderate inflation. The program performance remains broadly satisfactory. Key policy priorities include preserving …
Persistent link: https://www.econbiz.de/10015058829
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...
Persistent link: https://www.econbiz.de/10015058859
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...
Persistent link: https://www.econbiz.de/10015059199
inflation has decelerated faster than expected, continued caution is warranted to help anchor inflationary pressures and support … aligned with program targets. The tight monetary policy stance is appropriate to contain inflation pressures …
Persistent link: https://www.econbiz.de/10015059245