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strengthening fiscal consolidation, lowering the debt ratios, and ensuring the consistency of fiscal policies with the currency …
Persistent link: https://www.econbiz.de/10005591452
a sustainable debt position, even after many of these countries have benefited from substantial debt relief. These …, the use of more complex financing vehicles, and the development of domestic markets. The joint World Bank/IMF debt … sustainability framework is well placed to help address these challenges and reduce the risks of renewed episodes of debt distress …
Persistent link: https://www.econbiz.de/10010790492
. Fiscal consolidation has helped to stabilize external debt, particularly by containing the externally financed public …
Persistent link: https://www.econbiz.de/10005598833
This paper presents an Ex Post Assessment of Longer-Term Program Engagement for Sierra Leone. Sierra Leone has had almost continuous involvement with IMF programs since 1994 under a variety of arrangements. All the IMF-supported programs in Sierra Leone during 1994–2004 had the same...
Persistent link: https://www.econbiz.de/10005824988
This paper discusses the Kyrgyz Republic’s First Review Under the Poverty Reduction and Growth Facility. The current account deficit remained broadly unchanged because of a significant increase in workers’ remittances, mainly from Russia and Kazakhstan. Large negative errors and...
Persistent link: https://www.econbiz.de/10005825479
Persistent link: https://www.econbiz.de/10005825481
, may serve Tanzania better. The "diamond rule" proposed in this paper incorporates a permanent hard ceiling on debt and …
Persistent link: https://www.econbiz.de/10008540930
This 2010 Article IV Consultation highlights that real activity in Papua New Guinea was relatively unaffected by the global downturn, with growth easing to roughly 5 percent in 2009 from 7 percent in 2008. A number of factors contributed to this favorable outcome. The country’s financial...
Persistent link: https://www.econbiz.de/10011243043
Ghana showed strong growth underpinned by high commodity export prices, the start of oil production, and strong non-oil activity. Executive Directors welcomed this development, and stressed that monetary policy implementation will need to remain vigilant. Directors welcomed the recent approval...
Persistent link: https://www.econbiz.de/10011243085
2010, remain well below their pre-Lehman levels. Reducing the fiscal deficit and public debt are key medium term objectives …. Egypt’s public debt remains high in comparison with many other emerging market countries. …
Persistent link: https://www.econbiz.de/10011243245