Democratic Republic of Sao Tome and Principe
Author: International Monetary Fund.
Publisher:
Published: 2022
Total Pages: 0
ISBN-13:
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Democratic Republic of São Tomé and Príncipe: Third Review Under the Extended Credit Facility Arrangement and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director
Author: International Monetary
Publisher: International Monetary Fund
Published: 2021-09-08
Total Pages: 99
ISBN-13: 1513595377
DOWNLOAD EBOOK →São Tomé and Príncipe has maintained macroeconomic stability in the period since the previous ECF review (February 2021). International support and the authorities’ swift actions helped mitigate the impact of the pandemic so far. Growth is estimated at 3 percent in 2020, supported by externally-financed spending. Growth is projected to slow to 2 percent in 2021, reflecting delays in the return of tourists, and to strengthen to 3 percent in 2022. The economic outlook is subject to high uncertainty and downside risks, notably the evolution of the pandemic.
Barbados
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
Published: 2018-10-04
Total Pages: 90
ISBN-13: 1484380037
DOWNLOAD EBOOK →The key objectives of the program are to restore macroeconomic and debt sustainability, address falling reserves, and increase growth. The new government, which took office in late May, has committed to fiscal consolidation and structural reform as key tools for macroeconomic adjustment.
Chad
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2013-09-09
Total Pages: 42
ISBN-13: 1484324072
DOWNLOAD EBOOK →This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.
Sierra Leone
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2018-12-18
Total Pages: 95
ISBN-13: 148439139X
DOWNLOAD EBOOK →Sierra Leone is a fragile state. Since emerging from a decade-long civil war in 2001, the country has made notable economic progress but has also suffered occasional setbacks, such as the Ebola Virus Disease epidemic of 2014. A three-year ECF arrangement was approved June 2017 to help address Sierra Leone’s macroeconomic weaknesses—in particular, low revenue, elevated inflation, high public debt, and inadequate foreign exchange reserve buffers—which had been exacerbated by the Ebola crisis and a collapse in iron ore prices (Country Report No. 17/154). However, the program went off track shortly after approval as lackluster revenue performance and expenditure overruns led to a budget cash shortfall and a growing stock of budget arrears. With the authorities unable to take corrective actions ahead of the March 2018 presidential elections the first review of the program was put on hold. Since then elections have produced a new government, marking the first change of power in ten years. This government has taken a number of corrective actions over the last six months with the aim of reviving the program engagement with the IMF.
The Gambia
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2021-01-28
Total Pages: 118
ISBN-13: 1513567985
DOWNLOAD EBOOK →The IMF Executive Board approved, on March 23, 2020, a 39-month Extended Credit Facility (ECF) arrangement in the amount of SDR 35 million (56.3 percent of quota) for The Gambia. The Gambia benefited from a Rapid Credit Facility (RCF) disbursement of SDR 15.55 million (25 percent of quota) approved on April 15, 2020 and is receiving debt service relief under the Catastrophe Containment and Relief Trust (CCRT) expected to total SDR 7.9 million (SDR 4.2 million of which has already been approved), to help meet heightened balance-of-payments and fiscal financing needs due to the impact of the COVID-19 pandemic. While indicators point to a domestic weakening of the pandemic, the authorities are seeking an ECF augmentation of SDR 20 million (32.15 percent of quota) to meet balance-of-payments needs arising from fiscal measures to stimulate the economic recovery in 2021, strengthen public health preparedness, increase social spending to mitigate the effects of the pandemic. They are also requesting a waiver of nonobservance of a continuous performance criterion (a zero ceiling) on new external payment arrears of the central government.
Tax Administration 2021 Comparative Information on OECD and other Advanced and Emerging Economies
Author: OECD
Publisher: OECD Publishing
Published: 2021-09-15
Total Pages: 355
ISBN-13: 9264424083
DOWNLOAD EBOOK →This report is the ninth edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 59 advanced and emerging economies.
Innovative Financing for Development
Author: Suhas Ketkar
Publisher: World Bank Publications
Published: 2008-09-29
Total Pages: 220
ISBN-13: 082137706X
DOWNLOAD EBOOK →Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. 'Innovative Financing for Development' is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.
Summary Proceedings of the Fifty-Fourth Annual Meeting of the Board of Governors, September 28-30, 1999
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 1999-11-01
Total Pages: 358
ISBN-13: 9781557758798
DOWNLOAD EBOOK →This annual publication is a record of the IMF's Annual Meeting and contains the opening and closing addresses of the Chairman of the Board of Governors, presentation of the Annual Report by the Managing Director, statements of Governors, committee reports, resolutions, and a list of delegates. Usually published in March.
International Monetary Fund Annual Report 1984
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 1984-09-03
Total Pages: 218
ISBN-13: 1616351969
DOWNLOAD EBOOK →This paper reviews the IMF’s Annual Report for the fiscal year ended April 30, 1984. The report highlights that the performance of the world economy in 1983 and the early part of 1984 was significantly better than in the preceding several years. Economic expansion proceeded vigorously in the United States and Canada, and showed signs of spreading to other countries in the industrial world. Price inflation receded further in the seven largest industrial countries, dropping to its lowest level in 15 years. The current account deficit of developing countries was further reduced.
