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This 2023 Article IV Consultation highlights that Luxembourg has shown resilience in the aftermath of the war in Ukraine and accelerated tightening of global financial conditions, partly helped by fiscal support. Although costly, the measures have helped temporarily keeping inflation below the...
Persistent link: https://www.econbiz.de/10015059422
This Selected Issues paper focuses determinants, risks, and expectations to study inflation in Guatemala. It analyses: (1) quantify the role of external and domestic factors on the dynamics of inflation in Guatemala. It identifies imported factors driving inflation dynamics and estimates their...
Persistent link: https://www.econbiz.de/10015059426
This 2023 Article IV Consultation highlights that Guatemala's solid record of accomplishment of prudent macroeconomic policies and large remittance inflows provided the country with large buffers to weather a challenging global environment and tightened global financial conditions. Inflationary...
Persistent link: https://www.econbiz.de/10015059427
This paper presents the Republic of Moldova's Third Reviews under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Request for a Waiver for Nonobservance of Performance Criterion. As the outlook is subject to high uncertainty, near-term priorities should remain...
Persistent link: https://www.econbiz.de/10015059477
Niger's political landscape is broadly stable, but the country continues to face daunting development challenges against a backdrop of fragility, which are exacerbated by a decade of conflict in the Sahel and exposure to climate shocks. Low rainfall in 2021, pushed an estimated 4.4 million...
Persistent link: https://www.econbiz.de/10015059479
This paper highlights the Informational Annex on Republic of North Macedonia. The National Bank of the Republic of North Macedonia (NBRNM) participates in the foreign exchange market, in order to achieve the goals of the monetary and foreign exchange policies. The NBRNM implements the monetary...
Persistent link: https://www.econbiz.de/10015059493
This paper presents Ukraine's Request for an Extended Arrangement under the Extended Fund Facility (EFF) and Review of Program Monitoring with Board Involvement. Ukraine's EFF-supported program aims to anchor policies that sustain fiscal, external, price and financial stability and support...
Persistent link: https://www.econbiz.de/10015059539
This paper presents Republic of Serbia's Second Review under the Stand-By Arrangement, and Request for Modification of Performance Criteria. Despite a challenging global environment, growth is recovering, and the labor market is resilient. The current account deficit has narrowed significantly,...
Persistent link: https://www.econbiz.de/10015058804
This Selected Issues paper discusses opportunities and challenges of climate adaptation policies in Moldova. Strengthening resilience to natural disasters will require significant adaptation investments in the coming years. This paper shows that such investments can substantially reduce output...
Persistent link: https://www.econbiz.de/10015058814
This paper presents Republic of Moldova's 2023 Article IV Consultation, Fourth Reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) Arrangements, Request for Extension and Rephasing of the Arrangements, and Request for an Arrangement under the Resilience and...
Persistent link: https://www.econbiz.de/10015058815