The IMF's Monetary and Capital Markets Department conducted a technical assistance engagement with the National Bank of Ukraine (NBU) to enhance the NBU's counterparty eligibility criteria for monetary policy lending operations and strengthen its Emergency Liquidity Assistance (ELA) framework....

Cyber risk is recognized by authorities as posing a significant threat to the financial sector and overall financial stability in Peru. With further digitalization expected, authorities have plans to develop a comprehensive cybersecurity strategy for the financial sector. Guided by the G7...

At the request of the Superintendency of Banking Insurance and Private Pension Fund Administrators (SBS), a technical assistance mission from the Monetary and Capital Markets Department of the International Monetary Fund visited Lima, Peru during the period September 18 to October 1, 2024....

The IMF conducted a Technical Assistance mission to assist the National Reserve Bank of Tonga (NRBT) in modernizing its monetary policy framework. The mission aimed to address persistent challenges such as excess liquidity and an inactive interbank market, which have impeded effective monetary...

This report overviews the IMF technical assistance mission to enhance Ukraine's FX derivatives market amidst ongoing economic challenges. In navigating the complex environment, the National Bank of Ukraine (NBU) imposed FX restrictions to manage flows, complicating normalization of financial...

The Samoan authorities have expressed strong interest in the Supply and Use Tables (SUT) to improve macroeconomic projections for policy purposes. The mission worked with Samoa Bureau of Statistics (SBS) staff to assess and adjust the Household Income and Expenditure Survey data; compile...

This Technical Assistance followed a request by the Central Bank of Uzbekistan for a review of their nowcasting and near-term forecasting system. Over the past few years, the central bank has developed a nowcasting and near-term forecasting entirely with their own resources. The Central Bank's...

This document outlines the main achievements of the Technical Assistance Project led by the IMF's Institute for Capacity Development in the Dominican Republic from January 2023 to September 2024. The project supported capacity building in macroeconomic forecasting and analysis within the...

Romania's medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope for expenditure consolidation ‒ given the low expenditure-to-GDP ratio ‒ revenue mobilization...

Effective cash management is essential for enhancing fiscal discipline in Zambia, yet it faces significant challenges. With programmatic capacity development support from the IMF the authorities are making progress in improving institutional arrangements and strengthening capacity and technical...