This paper reviews Myanmar’s Second Review Under the Staff-Monitored Program IMF staff report. The IMF report highlights that the authorities are pursuing a wide range of economic reform program against a background of political liberalization. Growth has strengthened led by services....

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Côte d’Ivoire, and discusses poverty trends, the PRSP’s strategic pillars, and key outcomes sought, including a sound macroeconomic framework, and monitoring and evaluation arrangements. IMF staff...

This first and second reviews under the Stand-By-Arrangement analyzes Ex Post Evaluation of exceptional access for Romania. Efforts are needed to strengthen monetary policy transmission. The banking system remains well capitalized, but the authorities need to accelerate the resolution of...

This West African Economic and Monetary Union (WAEMU) IMF staff report focuses on common policies for member countries. The region continued to experience a strong upswing in 2013, and the immediate outlook is for further vigorous growth and moderate inflation. Delays in implementing reforms, at...

KEY ISSUES Economic background and outlook. Tanzania has enjoyed strong and stable growth, projected to remain at 7 percent next year and in the medium term. Inflation is at 6 percent, gradually converging to the authorities’ 5 percent medium-term objective. The external current account...

The economy has experienced seven consecutive years of robust growth, buoyed by high commodity prices, foreign direct investment and expansion of private sector credit. As part of a strategy to sustain growth, reduce poverty and curtail dependence on imported oil, the authorities are pursuing...

The Joint Staff Advisory Note on the Republic of Madagascar’s Poverty Reduction Strategy Paper (PRSP) is analyzed. The government of Madagascar has prepared its second growth and poverty reduction strategy called the Madagascar Action Plan (MAP), a bold development plan for...

This 2014 Article IV Consultation highlights that South Africa’s growth has slowed in recent years, specifically relative to other emerging markets. Although weak trading partners’ growth contributed to the slowdown, increasingly binding structural constraints, such as protracted...

This paper reviews Angola’s Second Post-Program Monitoring for different economic developments and policies. The IMF report highlights that Angola has returned to a path of solid economic growth, with single-digit inflation, a strong international reserves position, and a stable exchange...