onset of a boom–bust cycle. Growth remains robust although inflation has declined considerably. In 2012 GDP grew an …

, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the …

inflation, and outlines policy options to strengthen the efficacy of monetary policy. It takes stock of Algeria’s current …

sector. The programs inflation target has been revised upward slightly, mainly reflecting the higher than programmed outcome … in inflation if the private sector follows the increase in civil service wages. …

Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent … years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias … Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and …

, trade, and services. Inflation should continue to decline, in line with a tight monetary policy, and a lowering trend in …