This paper presents the staff report on the Republic of Mozambique’s Third Review under the policy support instrument. Mozambique is vulnerable to the global financial crisis and economic slowdown. Lower import prices will help reduce inflation and likely benefit the trade balance. Lower...

Côte d’Ivoire’s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility is discussed. Côte d’Ivoire is making progress toward reunification, peace, and elections. Côte d’Ivoire’s economy has been resilient to the global downturn, but there are...

This paper discusses key findings of the Fifth Review for Afghanistan under the Poverty Reduction and Growth Facility (PRGF). Performance under the PRGF-supported program has been mixed. Monetary and financial policies were broadly consistent with the program. However, difficulties were evident...

This paper discusses key findings of the Third Review Under the Stand-By Arrangement for Pakistan. Program implementation has been uneven but key reforms are moving forward. All end-September 2009 quantitative performance criteria were met, with the exception of the ceiling on the overall budget...

This paper presents key findings of the First Review for Burundi under the Poverty Reduction and Growth Facility (PRGF). Economic growth in Burundi increased to 4.5 percent in 2008, mainly because of a good coffee harvest and more donor-financed projects. The economic outlook is generally...

This paper examines Côte d’Ivoire’s debt sustainability analysis undertaken in connection with the Enhanced Initiative for Heavily Indebted Poor Countries. The crisis years led to a substantial increase in poverty and deterioration in living standards. The March 2007 Ouagadougou Political...

This 2008 Article IV Consultation highlights that Burundi is emerging slowly from more than a decade of civil conflict. GDP per capita is about US$139, and only 18 percent of the population is food secure. Economic growth slowed down while inflation increased in 2007. External developments were...