Showing 1 - 10 of 15,069
This paper reports on Bangladesh’s Financial System Stability Assessment. Considerable progress has been made in strengthening the resilience of the country's financial sector. Total assets of the banking sector have increased twofold since 2003, and credit to the private sector has risen...
Persistent link: https://www.econbiz.de/10011245298
This paper presents key findings of the Ex Post Assessment of Longer-Term Program Engagement for Bolivia. Bolivia is a country that is perceived as having one of the best structural reform records in Latin America but experienced sluggish per capita growth, and made virtually no progress in...
Persistent link: https://www.econbiz.de/10005591192
Uganda showed strong macroeconomic stability, low inflation, and poverty reduction under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended the monetary and exchange rate policies, and stressed the need to strengthen fiscal sustainability and maintain a...
Persistent link: https://www.econbiz.de/10005598876
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly …€“2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris … Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts …
Persistent link: https://www.econbiz.de/10011242428
This paper discusses key findings of the Second Review and Financing Assurances Review Under the Stand-By Arrangement for Latvia. The sharp economic downturn is starting to bottom out, although recovery has not yet begun. The authorities have implemented the June 2009 supplementary budget, and...
Persistent link: https://www.econbiz.de/10011243235
This 2003 Article IV Consultation highlights that Morocco’s growth performance over the last decade has not been strong enough to reduce poverty. Growth has also been volatile because of the impact of recurrent drought conditions on agricultural output. Economic conditions improved in...
Persistent link: https://www.econbiz.de/10005825154
The economy of Honduras contracted as a result of the global economic crisis. In the economic policy area, the authorities gave priority to strengthening the financial position of the public sector and restarting the external assistance. Measures are taken to strengthen the fiscal position, in...
Persistent link: https://www.econbiz.de/10011244248
This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the … challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market … euro area. Finally, Greece has specified the policies necessary to overcome recent inertia and deliver program objectives …
Persistent link: https://www.econbiz.de/10011244444
Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They...
Persistent link: https://www.econbiz.de/10011244620
This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for Rwanda. All but one of the end-2007 quantitative performance criteria were met. IMF staff supports the authorities’ request for a waiver of the nonobservance of the...
Persistent link: https://www.econbiz.de/10011245657