This Country Program Evaluation (CPE) will assess the performance of the World Bank Group's assistance to the Democratic Republic of Congo (DRC) between FY 2013 and FY24. The evaluation seeks to identify lessons to inform future Bank Group engagements in the DRC, including the next CPF, which is...

This paper examines how IMF policies contribute to the inequality in MENA, and to a Middle-Income Trap (MIT). Developing a theory expanding Acemoglu and Robinson's "Narrow Corridor" framework, it shows how IMF conditions align domestic elite incentives with creditor interests through a...

This paper highlights the First Review under the Staff-Monitored Program (SMP). The SMP takes into account Haiti's fragility and capacity constraints, linked to security. Haiti faces a multidimensional crisis with a challenging outlook which is highly uncertain. The country is affected by both...

This paper presents Republic of Kosovo's Fourth reviews under the Stand-By Arrangement and the Arrangement under the Resilience and Sustainability Facility. Kosovo's economic performance continues to be strong. In 2024, growth was 4.4 percent, driven by household consumption, supported by strong...

This paper presents Pakistan's First Review under the Extended Arrangement under the Extended Fund Facility (EFF), Requests for Modification of Performance Criteria, and Request for an Arrangement under the Resilience and Sustainable Facility (RSF). The IMF Executive Board completed the first...

This paper presents Mali's Request for Disbursement under the Rapid Credit Facility (RCF) and Request for a Staff-Monitored Program (SMP). Mali's economy faces climate shocks amid security and humanitarian crisis, and tight financing. Recent flooding damaged infrastructure and agriculture,...

We construct a unique dataset by collecting macro-financial commitments data using textual analysis of the Memorandum of Economic and Financial Policies (MEFPs), a document outlining, inter-alia, policy commitments by member countries, in the context of an IMF-supported program. We combine this...