This 2022 Article IV Consultation discusses that the United States (U.S.) has recovered quickly from the pandemic shock. The US economy has staged a strong recovery from the coronavirus disease 2019 (COVID-19) shock. The positive effects of unprecedented policy stimulus, combined with the...

This 2022 Article IV Consultation discusses that the Dominican Republic's dynamic economy continued to show remarkable resilience to shocks, rebounding strongly from the impact of the pandemic. The recovery has been broad based; gross domestic product was about 5 percent above pre-pandemic levels...

This paper presents Gabon's First and Second Reviews of the Extended Arrangement under the Extended Fund Facility, Requests for Waivers for Nonobservance of Performance Criteria, Establishment of Performance Criteria, and Financing Assurances Review. Program implementation has been mixed amid...

This Selected Issues paper on Ireland focuses on ensuring an inclusive and growth-enhancing fiscal policy mix. It assesses the scope for improving the tax system toward a more growth-friendly structure, and for achieving efficiency gains in public expenditure. It also discusses upcoming...

This 2022 Article IV Consultation with Ireland highlights that the economy has rebounded strongly from the pandemic. The financial sector weathered the pandemic crisis well thanks to high capital buffers and effective policy support. The impact of the pandemic on borrowers' financial position...

This Selected Issues paper on the Democratic Republic of the Congo (DRC) focuses on building resilience and exploring opportunities from climate change. Addressing the challenges associated with climate change in the DRC requires a good understanding of its exposure to climate vulnerabilities as...

This paper highlights Democratic Republic of the Congo (DRC) the 2022 Article IV Consultation, Second Review under the Extended Credit Facility (ECF) Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review. The DRC's macroeconomic environment has improved...

This 2022 Article IV Consultation discusses that Vietnam entered the pandemic with robust economic growth and sound fundamentals. Prudent policies resulted in a prolonged period of high growth, price stability, and low public debt ratios. Strong foreign direct investments and trade flows boosted...

This paper discusses Central African Economic and Monetary Community's (CEMAC) Common Policies in Support of Member Countries Reform Programs. CEMAC ended 2021 in a fragile external position, with gross reserves at only 2.7 months of prospective imports and net foreign assets at their lowest...

This paper highlights Haiti's Staff-Monitored Program (SMP) and report proceedings. It is not feasible for Haiti to implement an upper credit tranche (UCT) IMF-supported program at this time due to the weakened policy frameworks and erosion in administrative capacity during the protracted...