This paper reviews the Report on the Observance of Standards and Codes on Fiscal Transparency for Ukraine, and provides an assessment of fiscal transparency practices in Ukraine against the requirements of the IMF Code of Good Practices on Fiscal Transparency. It reviews the description of...

This 2003 Article IV Consultation highlights that Canada’s strong policy framework has brought impressive economic results, and the Canadian economy has proven exceptionally resilient in the face of the recent global downturn. Economic activity slowed relatively modestly in 2001, with...

This Selected Issues paper analyzes fiscal developments and the sustainability of the current fiscal stance in Poland. It analyzes fiscal risks and fiscal vulnerability by investigating the contingent liabilities of the government and by performing stress tests to gauge the exposure of the...

This Ex Post Assessment of Longer-Term Program Engagement for Cameroon highlights that the strengthening non-oil revenue and improving expenditure monitoring and control are critical to strengthening the fiscal position. Structural policies aimed at improving competitiveness and promoting...

This Selected Issues paper assesses the long-term fiscal position of Canada. Simulations based on current tax and spending policies suggest that the fiscal position will remain favorable until well into the middle of the century, and relatively modest adjustments would be required to make these...

Indonesia’s Fourth Post-Program Monitoring discussions highlight that short-term macroeconomic indicators and near-term prospects have deteriorated. Financial sector vulnerabilities have increased in the face of rising interest rates and a slowing economy, but the overall banking sector...

The staff report for the 2004 Article IV Consultation on Greece focuses on economic developments and policies. Rising incomes and a falling, though still high, unemployment rate underpinned strong household consumption, while increased profitability spurred investment spending, especially...

This paper reviews Ex-Post Assessment of Performance Under IMF-Supported Programs for Guinea-Bissau. More than two-thirds of the population of approximately 1.3 million is living below the poverty line in Guinea-Bissau. The paper describes developments under IMF-supported programs since 1993,...

Long-term issues continue to dominate the economic policy agenda. The economy is expected to grow at a moderate pace. The challenge from aging is becoming more pressing, calling for sustained fiscal consolidation. The elaboration of a medium-term fiscal framework based on expenditure growth...