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financial sector should be strengthened. The key areas for the banking sector include licensing, remedial actions, and …
Persistent link: https://www.econbiz.de/10011242580
This 2011 Article IV Consultation reports that Cambodia’s high degree of dollarization and largely reduced fiscal space constrain the authorities’ ability to cushion shocks. Macroeconomic stability hinges on prudent fiscal policies. The mission cautioned that fiscal space is...
Persistent link: https://www.econbiz.de/10011242895
This Selected Issues paper describes the three phases of IMF engagement in the Democratic Republic of Congo (DRC) with a view to drawing lessons that could prove useful in identifying objectives and policies for a medium-term program that could be supported through a successor Poverty Reduction...
Persistent link: https://www.econbiz.de/10011242882
Effective Banking Supervision, the Committee for Payment and Settlement Systems (CPSS) Core Principles for Systemically …
Persistent link: https://www.econbiz.de/10011244726
This paper examines Tajikistan’s 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility. Strengthened fiscal discipline and tighter monetary policy have reduced inflation from 40 percent in 2001 to 5.6 percent in 2004. Strong growth in tax revenues...
Persistent link: https://www.econbiz.de/10005252897
Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability. However, as a result of …
Persistent link: https://www.econbiz.de/10011243529
of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation …, Insurance Regulation, Corporate Governance, and Payment Systems. The banking system in Uganda, which dominates the financial …
Persistent link: https://www.econbiz.de/10005598972
of international standards and codes, and the compliance with the Basel Core Principle for Effective Banking. It also … reviews Ukraine’s observance of good transparency practices in monetary and financial policies, including payments system … oversight, banking supervision, and deposit insurance supervision. …
Persistent link: https://www.econbiz.de/10005591673
This 2009 Article IV Consultation underlies that following a decade of high economic growth and significant poverty reduction, Cambodia’s economy has been hard hit by the global crisis. Real GDP is contracting as key sectors falter—export and tourism receipts have fallen off...
Persistent link: https://www.econbiz.de/10011243812
indicate that the banking system is relatively resilient to the direct effects of individual shocks, with credit risk having … sheets. Banking is characterized by high real interest rates, large spreads, and a limited appetite for lending. Stress tests …
Persistent link: https://www.econbiz.de/10005598795