This paper discusses Tunisia's First Review Under the Extended Fund Facility (EFF), Request for Waivers of Nonobservance of Performance Criteria and Rephasing of Access. Most quantitative performance criteria (QPCs) for end-December 2016 were missed and all structural benchmarks (SBs) through...

This paper discusses Somalia's Second and Final Review Under the Staff-Monitored Program (SMP) and Request for a new SMP. Program implementation through end-December 2016 and end-March 2017 was broadly satisfactory. In view of this performance and the remedial measures by the authorities to...

This paper discusses Mali's Seventh Review Under the Extended Credit Facility Arrangement, and Request for Extension of Augmentation of Access. Program implementation is broadly satisfactory but the external position remains difficult and fiscal challenges are mounting. All December 2016...

This 2017 Article IV Consultation highlights that Rwanda has demonstrated strong macroeconomic policy management and implemented an ambitious development strategy that has resulted in high and inclusive growth, lower poverty and more gender equality, and improved living standards. Growth in 2016...

This paper discusses Burkina Faso's Seventh Review Under the Extended Credit Facility (ECF) Arrangement. Economic growth rose to almost 6 percent in 2016, driven by increases in cotton and gold production, following two years of relatively subdued economic performance related to the political...

This 2017 Article IV Consultation highlights that economic developments in Madagascar were encouraging in 2016. Driven by public investment, increasing textile exports, and accelerating activity in agroindustry, economic growth reached 4.2 percent in 2016-the highest level since 2008. Reforms...

This paper discusses Guinea-Bissau's Third Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Performance Criteria (PCs), and Financing Assurances Review. Program implementation for the third review has been satisfactory. Four of five PCs, three of...

This paper discusses Greece's Request for Stand-By Arrangement (SBA). The program will be narrowly focused on policies that can help restore macroeconomic stability in the medium run and facilitate market access in Greece. It seeks to provide breathing space to mobilize broad political support...

This paper discusses Senegal's Fourth Review Under the Policy Support Instrument (PSI) and Request for an Extension of the PSI. Performance under the PSI-supported program has been satisfactory, with all end-December 2016 assessment criteria and indicative targets met and four of the seven...