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high, but fell from 16 percent to 13.5 percent (in seasonally adjusted terms) from April 2013 to January 2014. Inflation …
Persistent link: https://www.econbiz.de/10011242929
remained solid, inflation is in mid-single digits, and the current account deficit has narrowed. From mid-May, the exchange … policy. Monetary policy has eased progressively since end-2012 as growth slowed, inflation fell, and private sector credit … rates were subsequently reduced, with the central bank citing continued low inflation and the opportunity to stimulate …
Persistent link: https://www.econbiz.de/10011242930
. Headline inflation is trending down (in part for statistical reasons), while core inflation remains moderate. Domestic risks …
Persistent link: https://www.econbiz.de/10011242955
pipelines. Average inflation declined to 9.9 percent from 19.5 percent in 2011, reflecting the appreciation of the rial to its …
Persistent link: https://www.econbiz.de/10011242962
This paper discusses Ukraine’s Request for a Stand-by Arrangement. Ukraine’s economy had been in recession since mid-2012. Inconsistent macroeconomic policies pursued in 2012–2013 aggravated deep-seated vulnerabilities and eventually generated a balance-of-payment crisis....
Persistent link: https://www.econbiz.de/10011242985
This paper describes Liberia’s First Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of a Performance Criterion and Modification of Performance Criteria. Nonresource real GDP growth, in particular, while still on an upward trend has been...
Persistent link: https://www.econbiz.de/10011242990
The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable macroeconomic policies are essential to promote stability. A further reduction in directed and subsidized lending operations is needed. The National Bank of the Republic of Belarus...
Persistent link: https://www.econbiz.de/10011242991
Colombia’s very strong track record of macroeconomic policy management, underpinned by robust fiscal and monetary policy frameworks, has reduced vulnerabilities in recent years and helped weather the global financial crisis. The authorities’ policy focus has shifted from supporting...
Persistent link: https://www.econbiz.de/10011242992
This staff report on United States 2013 Article IV Consultation highlights economic policies and development. The economy grew at an annual rate of 1.8 percent in the first quarter of 2013, held down by sharp cuts in public spending, and economic indicators suggest that growth has remained weak...
Persistent link: https://www.econbiz.de/10011243005
investment indicators suggest continued strength in 2014, with economic growth projected at 3.8 percent. Headline inflation is …
Persistent link: https://www.econbiz.de/10011243009