This paper presents Côte d'Ivoire's 2024 Article IV Consultation, Third Reviews under Extended Arrangement under the Extended Fund Facility and the Arrangement under the Extended Credit Facility, Request for Modification of a Quantitative Performance Criterion, and Second Review under the...

This paper focuses Morocco's 2025 Article IV Consultation and Third Review under the Arrangement under the Resilience and Sustainability Facility. The Moroccan economy continued to show resilience despite another year of drought, with real gross domestic product growth projected to slow modestly...

This paper presents Burkina Faso's Second Review under the Extended Credit Facility (ECF) Arrangement and Financing Assurances Review. Burkina Faso's performance under the program has been satisfactory. The authorities met all quantitative performance criteria, all indicative targets but one,...

Legislative elections in January 2025 widened the ruling party's majority. Economic activity softened during 2024, but with signs of year-end recovery that have continued in the first months of 2025. Real GDP growth in 2024 is estimated at 3.3 percent. Inflation has been persistent, averaging 5...

The authorities' implementation of the home-grown economic recovery and transformation (BERT 2022) plan and ambitious climate agenda has remained strong, supported by the IMF's Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) arrangements. Economic activity was...

Armenia's economic outlook is broadly favorable. Real GDP growth remains strong, gradually decelerating from its previous highs as temporary external drivers have continued to dissipate. Inflation has picked up in recent months but remains moderate, around the CBA's target. The current account...

Economic momentum remains strong, and inflation is slowly coming down. Despite strong revenue collection efforts, fiscal performance in 2024 was weaker than anticipated due to unbudgeted spending pressures and faster execution of foreign financed capital projects. The foreign exchange market...

The summer 2024 uprising has significantly disrupted the IMF-supported program, necessitating a recalibration. Massive protests led to the ousting of the previous government, the formation of an interim cabinet, and the replacement of Bangladesh Bank's Governor. While some stability has...

Economic growth for Seychelles in 2024 is estimated at 2.9 percent. Year-on-year inflation reached 1.7 percent as of December, driven by an increase in utility prices and pass-through effects of currency depreciation. Fiscal performance in 2024 was tighter than budgeted, driven mainly by...

CAR's ECF-supported program has helped support crucial governance and transparency reforms, aided by improvements in the security environment. Nonetheless, fiscal pressures persist, as revenue mobilization has not kept pace with rising spending and debt service. Particularly, fuel supply...