This paper discusses key findings of the First Review Under the Stand-By Arrangement for Macedonia. Macroeconomic performance of Macedonia remains strong. Through end-December 2005, the authorities met all of the program’s quantitative performance criteria. Growth has remained steady at...

This paper examines Sri Lanka’s Request for Extension of Repurchase Expectations. The Sri Lankan authorities request an extension of repurchase expectations arising in the remainder of 2005, in the amount of SDR 74,162,500. The extension would have the effect of moving the repurchase...

This paper discusses the Former Yugoslav Republic of Macedonia’s (FYR Macedonia) Request for a Stand-By Arrangement and Extension of Repurchase Expectations. The authorities have asked the IMF to support an ambitious program that includes structural reforms that address the root causes of...