The staff report on Haiti’s second and third reviews under the Extended Credit Facility is examined. Haiti has emerged from a protracted and tumultuous electoral period. The reconstruction is under way, albeit at a slower pace than anticipated, owing mainly to the protracted electoral...

Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and...

This 2006 Article IV Consultation highlights that despite the closure of the sugar industry, economic growth in St. Kitts and Nevis has accelerated. In 2006, the economy is estimated to have recorded its third consecutive year of strong growth, projected at 4½ percent in 2006, with good...

Mauritius showed slow economic growth owing to the deteriorating external economic environment, particularly of the sugar and textile sectors. Executive Directors urged the authorities to develop a comprehensive economic strategy that combines structural reform measures and policies geared...

Global economic developments in Guinea-Bissau, especially lower export demand and prices, are expected to slow growth significantly and put pressure on the balance of payments. The 2009 fiscal framework aims to stabilize public finances and avoid new domestic arrears. The authorities are...

This paper presents a preliminary assessment of the eligibility of Liberia for assistance under the Enhanced HIPC Initiative. It describes recent economic progress and the situation of Liberia. The study discusses its medium- to long-term macroeconomic framework and poverty reduction strategy....

EXECUTIVE SUMMARY Economic activity remained weak in early 2014. Activity was impacted by an outbreak of the Ebola virus since late 2013, but lagging structural reforms, energy shortages, and political uncertainty may also be at play. Economic growth is estimated to have been 2.3 percent in...

The 2006 Article IV Consultation with Peru and request for a Stand-By Arrangement highlights that the Peruvian economy has been reaping benefits of sound policies in a favorable external environment. The new government remains committed to sustaining fiscal consolidation to entrench...

This paper discusses key findings of the First Review for Seychelles under the Stand-By Arrangement. Developments under the program at end-December 2008 were broadly satisfactory. Although growth was lower and inflation higher than targeted in 2008, the liberalization of the exchange regime and...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.