This Technical Assistance Report discusses the findings and recommendations made by the IMF mission about the compilation of Coordinated Direct Investment Survey and Coordinated Portfolio Investment Survey (CPIS) in El Salvador. The mission recommended the authorities to research the nature of...

This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue...

The Selected Issues paper provides an overview of trends, performance export growth, value added, and employment, account of the structure and evolution of Lesotho's textiles during the decade through 2002, and discusses future prospects and key issues. It analyzes the implications of the...

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...

This 2014 Article IV Consultation and Second Review Under the Policy Support Instrument highlights that Rwanda's economic performance since the turn of the century has been remarkable. Strong policies have played a key role in maintaining real GDP growth at 7.8 percent on average since 2000,...

Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their macroeconomic stabilization program. The authorities’ program envisages a tightening of fiscal and monetary policies to bring down inflation and reduce the external...

The Thai economy has demonstrated its strength in its rapid rebound from the global crisis. But the loss of its former dynamism has slowed trend growth and left it largely dependent on exports. Executive Directors encourage an infrastructure-led growth strategy to make a difference to...

This Selected Issues paper analyses the impact of a potential rebalancing of Icelandic residents’ investment portfolios as capital controls are lifted. It applies optimal portfolio theory to calculate the potential rebalancing toward foreign assets, and then makes an estimate of the...

A number of initiatives begun in the Poverty Reduction Strategy Paper (PRSP) remain incomplete and need to be further implemented in the new PRSP. Executive Directors recommend institutionalization of the PRSP process as a comprehensive approach to overall public policymaking. Strengthened...