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This 2002 Article IV Consultation highlights that real GDP for St. Vincent and the Grenadines grew by a modest ¼ percent in 2001, well below the 4 percent average for the previous three years. Preliminary estimates for 2002 indicate about a pickup in real GDP growth to about 1 percent owing...
Persistent link: https://www.econbiz.de/10005767401
This paper assesses Burkina Faso’s 2003 Article IV Consultation and a Request for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Burkina Faso’s performance under PRGF-supported programs during 1993–2002 and in implementing the policy...
Persistent link: https://www.econbiz.de/10005768445
The economy has thus far been fairly resilient to recent political uncertainties, although the reform process has been adversely affected. Continued growth will depend to a large extent on higher private investment, which will require further improvements in governance and the implementation of...
Persistent link: https://www.econbiz.de/10005768570
This paper examines Peru’s Request for a Stand-By Arrangement (SBA). Performance under the 2002–03 SBA was satisfactory. This performance provides a solid basis for continuing with policies aimed at maintaining macroeconomic stability. The authorities are requesting a 26-month SBA...
Persistent link: https://www.econbiz.de/10005768609
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
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
St. Vincent and the Grenadines’s 2003 Article IV Consultation reports that it had moderate levels of public sector debt and debt service during the 1990s. To reduce growth volatility, since the mid-1990s, the government has attempted to implement an economic diversification program...
Persistent link: https://www.econbiz.de/10005825547
This paper-consisting of a regional study and seven country studies-reviews the state of domestic public debt markets in Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panama as at end-2005. Although they account for the lion's share of capital markets, regional...
Persistent link: https://www.econbiz.de/10005825635