This paper highlights the First Review under the Staff-Monitored Program (SMP). The SMP takes into account Haiti …

equivalent of about $1 billion. The authorities have demonstrated strong program implementation, which has contributed to …

-Monitored Program (SMP). Mali's economy faces climate shocks amid security and humanitarian crisis, and tight financing. Recent flooding …

the context of an IMF-supported program. We combine this data with information on structural conditionality. Using a … of the program than when credit gaps are negative. These results point to the importance of considering the country …'s position in the credit cycle in program design and in addressing vulnerabilities preemptively to reduce the need for abrupt …

program work in LICs, this Handbook also refers, in summary form, to a range of relevant policies that apply more generally to …

for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review. The objectives of the program … made under the program, the authorities should strengthen the fiscal framework, including through the operationalization of …

market-oriented economy. Building on the impressive ongoing efforts to deregulate the economy, the program seeks to deepen … making in the context of program reviews to refine macroeconomic policies as needed to meet program objectives and durably …