This paper discusses key issues related to the economy of Mauritius. In 2015, the economy of Mauritius has grown at moderate rate; inflation is low; and the external position has improved. However, macroeconomic conditions remain stable but the authorities face macrofinancial challenges stemming...

This paper discusses key issues related to the Indonesian economy. Indonesia has weathered challenging economic conditions well. The economy has safely navigated the commodity price shocks, tightening financial conditions, and repeated bouts of turbulence in global financial markets, assisted by...

This report highlights the recent economic developments and outlook and risks related to the Montenegro's economy. It also discusses policies which need to be implemented to boost growth. Montenegro's economy has rebounded in the past year, and strong growth looks set to continue in 2016, at...

This paper discusses economic development and policies of Belgium. The new government has taken important steps to support job creation and address the cost of aging-notably through wage moderation, pension reform, and a tax shift. But growth prospects remain mediocre, public debt very high, and...

This paper discusses outlook and risk related to the economic development of India. The Indian economy is on a recovery path, supported by a large terms of trade gain (about 2 1\2 percent of GDP) and reduced external vulnerabilities, though downside risks remain. Important economic and...

A moderate economic recovery is taking hold in St. Lucia. Favorable international conditions have contributed to improved demand for tourism, St. Lucia's main economic sector, and the external current account deficit has narrowed significantly. The authorities have made some progress in...

The 2015 Article IV Consultation discusses the key issues related to the economy of Austria. Austria has recovered from the global financial crisis, but the crisis still remains in bank and public sector balance sheets. Major banks have been striving to strengthen their capital and profitability...

This paper presents the overview of the Dutch economy. After a double-dip recession that ended in early 2014, a strengthening but moderate recovery led by exports and investment is underway, although lower production and exports of natural reduced gas reduced growth in the second quarter of...

The 2015 Article IV Consultation provides an overview of New Zealand's economic development and policies. Tailwinds have supported the economy's strong growth after the global financial crisis. However, the tailwinds have recently waned. Growth peaked at 3.5 percent year-over-year in the fourth...

The 2015 Article IV Consultation discusses key issues related to the economic growth of Morocco. The macroeconomic situation of Morocco continues to improve. Although growth is recovering and should reach 4.7 percent in 2015, nonagricultural activity remains sluggish and inflation remains low....