Showing 1 - 10 of 164
the development of its vast hydrocarbon resources. Structural reforms under the program aim at improving public financial …
Persistent link: https://www.econbiz.de/10011242553
outlook for restoring sound public finances. The government of Antigua and Barbuda has adopted an ambitious reform program in …
Persistent link: https://www.econbiz.de/10011242743
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
Kosovo’s economic performance has strengthened considerably, but structural deficiencies undermine export sector development and prospects for sustainable growth. The program seeks to restore fiscal sustainability and safeguard financial sector stability. Restoring fiscal sustainability...
Persistent link: https://www.econbiz.de/10011243958
This paper discusses Iraq’s request for Stand-By Arrangement for 15 months from December 2005 through March 2007, which they intend to treat as precautionary. The authorities’ policies have succeeded in promoting overall macroeconomic stability despite the extremely difficult...
Persistent link: https://www.econbiz.de/10005825026
Mauritania successfully completed its previous poverty reduction growth facility arrangement in December 2002. The focus of this report is on the effectiveness of policies adopted in the last few years and the medium-term strategy. Macroeconomic stability under the IMF-supported program and the...
Persistent link: https://www.econbiz.de/10005825038
Lao People's Democratic Republic (Lao PDR) showed commendable growth owing to its strong macroeconomic performance and structural reforms under the economic program. Executive Directors commended the fiscal performance, bank restructuring, and the private sector developments, and stressed the...
Persistent link: https://www.econbiz.de/10005825042
This paper assesses the First Review Under the Staff-Monitored Program (SMP) for Afghanistan. The authorities have met all of the indicative quantitative targets set out under the SMP and all the structural benchmarks, except the benchmark on licensing of commercial banks, which was only partly...
Persistent link: https://www.econbiz.de/10005825122
This paper-consisting of a regional study and seven country studies-reviews the state of domestic public debt markets … account for the lion's share of capital markets, regional public debt markets remain underdeveloped for a variety of reasons …. The problems of small scale, dollarization, and weak public finances in many countries are compounded by poor structure …
Persistent link: https://www.econbiz.de/10005825635
years-regardless of their exchange rate regime-their growth rates have been disappointing and their public debt has risen …. Most of the increase in their public debt is accounted for by a deterioration in primary fiscal balances that has been …
Persistent link: https://www.econbiz.de/10005825988