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process of fiscal consolidation, and stressed the need for implementing a good budget and public expenditure management system …
Persistent link: https://www.econbiz.de/10011243407
An assessment is provided of The Gambia’s performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper reviews the status of creditor participation and presents an updated debt...
Persistent link: https://www.econbiz.de/10011245106
This paper presents an assessment of Haiti’s qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Poverty Reduction and Growth Facility (PRGF) arrangement is scheduled to be discussed by the IMF Executive Board in parallel with this document....
Persistent link: https://www.econbiz.de/10011243174
Structural reforms and strong macroeconomic policies of Burkina Faso have promoted economic growth and low inflation over the past decade. Executive Directors welcomed this development, and encouraged the authorities to reduce the fiscal deficit and maintain fiscal and external debt...
Persistent link: https://www.econbiz.de/10011242995
This paper assesses Benin’s Fourth Review Under The Poverty Reduction and Growth Facility (PRGF). Macroeconomic performance remained broadly in line with the objectives of the PRGF-supported program in 2002. All performance criteria for end-September 2002 were met, and the four structural...
Persistent link: https://www.econbiz.de/10005591249
measures and use expenditure savings to fully cover the cost of stabilizing the state-owned electricity company’s financial … position in 2007.These measures should ensure that priority expenditure is protected and budgetary safeguards remain adequate. …
Persistent link: https://www.econbiz.de/10011243451
Mali has been implementing reforms supported by the IMF through the Enhanced Structural Adjustment Facility (ESAF) and Poverty Reduction and Growth Facility (PRGF) arrangements. Executive Directors commended the macroeconomic management, poverty reduction, and structural reforms, and emphasized...
Persistent link: https://www.econbiz.de/10005591688
The effects of the global recession and decline in logging have undermined macroeconomic stability in the Solomon Islands. The government’s program offers a basis for resuming strong growth in a low inflation environment, helping to advance poverty alleviation efforts and achieve other...
Persistent link: https://www.econbiz.de/10011245660
The continued decline in oil production and the absence of sustained adjustment policies have contributed to Gabon's uneven economic performance over the past three years. To strengthen further the track record before discussing a possible IMF-supported program, a staff-monitored program has...
Persistent link: https://www.econbiz.de/10005591233
This paper discusses Mozambique’s Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Modification of Performance Criteria. Performance under the program has been broadly satisfactory so far in 2005. All quantitative and...
Persistent link: https://www.econbiz.de/10005591017