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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...
Persistent link: https://www.econbiz.de/10011243160
KEY ISSUES Context: Over the last two decades, good governance and sound macroeconomic management have delivered remarkable economic and social progress to Cabo Verde. More recently, however, growth has slowed due to the prolonged downturn in Europe and a sharp deterioration in domestic...
Persistent link: https://www.econbiz.de/10011243164
This 2009 Article IV Consultation highlights that Ghana’s overall financial system remains stable. The regulatory and supervisory framework is strong, backed by a modern payment and settlement infrastructure. Financial soundness indicators point to a banking system that is liquid and with...
Persistent link: https://www.econbiz.de/10011243190
continue diversifying the economy. Focus of consultation: Discussions focused on mitigating the main risks to the macroeconomic … impact of the oil sector on the nonoil economy. • Develop a coherent asset-liability management framework, including a well … continue de-dollarizing the economy. • Further strengthen the financial system, by continuing to improve the transparency and …
Persistent link: https://www.econbiz.de/10011243191
This 2013 Article IV Consultation highlights that South Africa’s economy has underperformed other emerging markets …
Persistent link: https://www.econbiz.de/10011243213
This 2013 Article IV Consultation highlights that in 2012, Thailand’s economy rebounded strongly from the devastating …
Persistent link: https://www.econbiz.de/10011243217
This paper discusses Armenia’s Request for Arrangement Under the Extended Fund Facility (EFF). Performance under the 2010–2013 program, which was supported by arrangements under the EFF and Extended Credit Facility (ECF), was sound, with growth restored, large fiscal and external...
Persistent link: https://www.econbiz.de/10011243253
in 2013 was the lowest in more than 15 years. The economy is showing tentative signs of recovery, but remains below …
Persistent link: https://www.econbiz.de/10011243295
This paper focuses on Liberia’s Third Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waiver of Nonobservance of Performance Criterion (PC) and Modification of Performance Criteria. Real GDP grew at 8.7 percent in 2013 and is projected to decline to 5.9 percent...
Persistent link: https://www.econbiz.de/10011243297
market, providing important support to the global economy. The associated increase in oil revenues has resulted in sharply …
Persistent link: https://www.econbiz.de/10011243301