Showing 1 - 10 of 1,202
The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile … global economic environment. The FCL’s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF … staff reaffirms their commitment toward Mexico in taking the necessary actions to manage unforeseen risks. According to the …
Persistent link: https://www.econbiz.de/10011242587
arrangement for Mexico, subject to the Board’s assessment in the context of the 2013 Article IV consultation. …
Persistent link: https://www.econbiz.de/10011243417
The Kingdom of Lesotho’s 2005 Article IV Consultation reports that the government’s fiscal position and the external current account have improved markedly. The authorities are preparing an action plan, in collaboration with development partners, to improve the business climate....
Persistent link: https://www.econbiz.de/10005824887
Madagascar showed strong economic growth and low inflation under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended these developments, and stressed the need to restore fiscal discipline, improve governance, strengthen the business climate to encourage...
Persistent link: https://www.econbiz.de/10005824890
This paper examines Turkey’s 2004 Article IV Consultation and Eighth Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criterion. Economic performance over the last three years has been impressive. For the medium term, the main challenge is to...
Persistent link: https://www.econbiz.de/10005824909
This 2004 Article IV Consultation of Rwanda reports that although the recovery in primary activities has been relatively rapid, formal sector activity registered a mixed performance. The expansion of government programs in health, education, water and energy, would widen the structural deficit...
Persistent link: https://www.econbiz.de/10005824927
Paraguay’s Fourth Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria are examined. The main challenge is to consolidate the macroeconomic gains achieved thus far and deepen structural reform. A stable macroeconomic environment will be the key for creating...
Persistent link: https://www.econbiz.de/10005824933
This 2004 Article IV Consultation highlights that economic activity has been gathering speed in Estonia. Year-over-year growth accelerated to 6.8 percent in 2004 Q1 from 5.8 percent in 2003 Q1, driven by domestic demand and supported by technology sector exports. Inflation accelerated in the...
Persistent link: https://www.econbiz.de/10005824961
Honduras’s Third Review under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria are discussed. The current stance of monetary and exchange rate policies are broadly appropriate, and financial sector reforms are proceeding. Progress...
Persistent link: https://www.econbiz.de/10005824978
This paper discusses the Former Yugoslav Republic of Macedonia’s (FYR Macedonia) Request for a Stand-By Arrangement and Extension of Repurchase Expectations. The authorities have asked the IMF to support an ambitious program that includes structural reforms that address the root causes of...
Persistent link: https://www.econbiz.de/10005824980