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criteria. Under the existing legal and regulatory framework, budget expenditures cannot exceed the initial ceilings specified …
Persistent link: https://www.econbiz.de/10011243870
This Technical Assistance Report for Mali examines the performance of its public expenditure management system. The IMF …
Persistent link: https://www.econbiz.de/10011243801
Uganda has benefited from international reserve accumulation. The fiscal stance is tighter mainly owing to delays in execution of a large hydropower project. A suspension of budget support owing to theft of donor funds has curtailed spending plans and hurt growth prospects. The authorities have...
Persistent link: https://www.econbiz.de/10011243067
Niger’s new Poverty Reduction Strategy (PDES) represents its overarching reference framework for the government’s development agenda. It also proposes changes in policy orientation and institutional arrangements to respond to recent developments in Niger and in the subregion. The...
Persistent link: https://www.econbiz.de/10011245123
This paper assesses the Republic of Congo’s discussions in 2013 Article IV Consultation. Though having abundance of natural resources, notably oil and iron ore, Congo has achieved limited progress in poverty alleviation, and remains vulnerable to external shocks. Weak governance and...
Persistent link: https://www.econbiz.de/10011245327
This paper discusses Senegal’s Sixth Review Under the Policy Support Instrument (PSI) and Request for Modification of an Assessment Criterion. GDP growth is on track to reach 4 percent in 2013 and is projected to increase to 4.6 percent in 2014. Inflation has been declining, following a...
Persistent link: https://www.econbiz.de/10011244774
sector. The authorities intend to accelerate reforms to improve the business environment by streamlining expenditure and by …
Persistent link: https://www.econbiz.de/10011243807
This staff report on the Republic of Kosovo’s Fourth Review under the Stand-By Arrangement discusses macroeconomic and financial policies. Banking-sector soundness indicators have remained largely unchanged. The revenue shortfall owed to a mix of lower than programmed customs receipts,...
Persistent link: https://www.econbiz.de/10011243199
The key issue facing Congo is how to use oil and mineral resources effectively in support of inclusive growth. Economic conditions are supportive--macroeconomic stability is in place, the terms of trade are favorable, and the external position is strong. External risks are mitigated by...
Persistent link: https://www.econbiz.de/10011242826
aggregates-encompassing the overall balance as well as expenditure and revenue and their various components-across 19 industrial … certain components of expenditure, such as transfers, and for the balance between labor and consumption taxation. There are … clear relationships between the type of political system and choice of tax and expenditure system. The paper also examines …
Persistent link: https://www.econbiz.de/10005599740