This 2007 Article IV Consultation highlights that macroeconomic outcomes for Antigua and Barbuda have strengthened significantly in recent years. Real GDP growth averaged 5 percent during 2003–05, and is estimated to have reached 12 percent in 2006. There has been progress in implementing...

Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They...

This paper presents the staff report for the combined Liberia’s 2008 Article IV Consultation and the first review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. The international community is supporting the Liberian government’s efforts to reform...

This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility (PRGF) for the Republic of Congo. Policy implementation through the first half of 2009 was satisfactory. All quantitative performance criteria and all but one of the structural benchmarks were...

This paper discusses key findings of the Third Review for Liberia Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program remains on track. All performance criteria (PC) for end-June 2009 were met, except the PC on total revenue collection. IMF staff...

India’s strong growth and macroeconomic stability is owed to its sound macroeconomic policies and past structural reforms. Swelling capital inflows have highlighted the key policy challenges: managing financial globalization and tackling the supply constraints to growth. Monetary...

The staff report for Vanuatu’s 2009 Article IV Consultation discusses economic developments and policies. Vanuatu is well placed to take countercyclical measures should growth slow more than expected. Although close monitoring of banks is necessary given the rapid growth in the private...

The report provides details of IMF estimates on basic indicators, GDP by sector of origin at constant and current prices, index of industrial production, marketed production of selected crops, annual average and monthly composite index of consumer prices, fuel prices and mineral production...

Cape Verde’s economic and policy performance remains sound under the Poverty Reduction and Growth Facility (PRGF) arrangement supported by Policy Support Instrument (PSI). Executive Directors commended the prudent macroeconomic policies and structural reforms. They emphasized the need for...

The drop in demand and commodity prices in Liberia is adversely affecting investment and exports in some key sectors. The staff report examines Liberia’s second review under the Poverty Reduction and Growth Facility and request for Waiver and Modification of Performance Criteria. The...