In this study, the ex post assessment (EPA) of longer program engagement with Mauritania is discussed. From this program, macroeconomic stability has been achieved. EPAs are intended to provide an opportunity to step back from continuing program relations to consider an analysis of the economic...

This paper discusses the United Republic of Tanzania’s 2007 Article IV Consultation and First Review under the Policy Support Instrument. The report focuses on sustaining Tanzania’s recent strong economic performance, broad-based growth, and more rapid poverty reduction. This would...

This paper focuses on Senegal’s second poverty reduction strategy paper (PRSP–II). It summarizes the results of the participatory PRSP review process prior to final validation and adoption by the government. As an economic and social policy document for growth and poverty reduction...

This paper presents Peru’s First Review Under the Stand-By Arrangement for SDR 172.37 million approved on January 26, 2007. Implementing sound macroeconomic policies and reforms would reduce vulnerabilities, entrench sustainable growth, and reduce poverty, setting the stage for a strong...

Timor-Leste had made good progress in establishing the basis for a stable and healthy economy prior to the civil unrest in 2006, although it remains one of the poorest countries in the world. This 2006 Article IV Consultation highlights that real non-oil GDP growth turned positive in...

The staff report for the Fourth Review on Nigeria highlights developments under the Policy Support Instrument (PSI). Robust non-oil sector growth significantly strengthened fiscal and external positions, reducing inflation that surpassed the original program goals. Fiscal risks have increased in...

This 2009 Article IV Consultation highlights that India’s medium-term growth prospects remain bright. Prompt fiscal and monetary easing, combined with the fiscal stimulus already in the pipeline and the return of risk appetite in financial markets, have brought growth close to pre-crisis...

Despite notable potential in mining and agriculture, Guinea’s macroeconomic situation deteriorated between 2002 and 2006. Since April 2007, the government has begun to stabilize the economy by tightening fiscal and monetary policies. Achieving the targeted completion rate in the education...

This 2013 Article IV Consultation highlights that the non-oil economy of the Democratic Republic of Timor-Leste has grown rapidly in recent years with growth averaging close to 12 percent from 2008 to 2011, allowing the average per capita income to steadily increase. The growth was driven by a...