This paper features Grenada's request for waiver of non-observance of a performance criterion, request for modification of a performance criterion, and financing assurances review. The arrangement was approved on June 26, 2014, and the third review was completed on November 25, 2015. Grenada's...

This paper discusses recent economic developments, outlook, and risks in the economy of Mexico. The economy continues to grow at a moderate pace. Growth reached 2 1\2 percent in 2015 and is projected to remain at a similar level in 2016. Global financial volatility has increased sharply over the...

This paper presents an overview of the macroeconomic condition of Tunisia. Tunisia has managed to preserve macroeconomic stability and initiate fiscal and banking reforms in a context marked by a prolonged political transition, spillovers from the crisis in Libya, and numerous exogenous shocks,...

This paper mainly discusses the IMF-supported program aimed at restoring macroeconomic stability and confidence in Suriname's economy. The proposed 24-month Stand-By Arrangementa(265 percent of quota, or SDR 342 million) aims to support Suriname's adjustment to the fall in commodity export...

This paper discusses key issues related to Senegal's economy. Government proposals for constitutional reforms were approved by 63 percent of the vote in a referendum held on March 20, 2016. Growth was robust at 6.5 percent in 2015 and is projected to continue at a similar level this year....

This paper presents an overview of recent economic developments, outlook, and risks of the Albanian economy. Over the past few years, Albania has successfully maintained macroeconomic stability amid a turbulent external environment. A sizable fiscal consolidation is underway, and public debt is...

This paper review Uganda's economic performance under the program supported by the Policy Support Instrument. Despite sluggish growth in credit to the private sector, GDP growth has been supported by the implementation of large public investments. Inflation has started to decelerate toward the...

This paper provides a review of Mali's economic performance under the Extended Credit Facility (ECF) and requests for extension, augmentation of access, and modification of performance criteria. The political situation has continued to stabilize, following the signing of the peace agreement in...

This paper discusses economic performance, outlook, and risks of Sri Lankan economy. Macroeconomic performance in 2015 reflected a mix between positive underlying growth momentum, the negative impact of unbalanced domestic policies, and an increasingly difficult external environment. The...

This paper focuses on recent economic developments as well as the role of the flexible credit line (FCL) arrangement. Despite a large external shock, Colombia's economy showed remarkable resilience in 2015. The current account deficit reached a record level in 2015, but reserves remained stable....