This paper presents Cabo Verde's 2023 Article IV Consultation, Second Review under the Extended Credit Facility Arrangement, and Request for Modification of a Performance Criterion. Cabo Verde remains vulnerable to external shocks and climate related disruptions and the significant gains...

This paper presents Pakistan's Request for a Stand-By Arrangement. Pakistan's' economic reform program aims to support immediate efforts to stabilize the economy and guard against shocks while creating the space for social and development spending to help the people of Pakistan. Steadfast policy...

This paper highlights Zambia's 2023 Article IV Consultation, First Review under the Extended Credit Facility (ECF) Arrangement, and Financing Assurances Review. Zambia's performance under the program remains strong. All quantitative performance criteria for the first review and nine structural...

This paper highlights Republic of Mozambique's Second Review under the Three-Year Arrangement under the Extended Credit Facility (ECF), Requests for Modification of The Monetary Policy Consultation Clause, Waivers of Nonobservance for Quantitative Performance Criteria, and Financing Assurances...

This paper presents Niger's Third Review under the Extended Credit Facility Arrangement, Request for Extension, Rephasing, and Modification of Performance Criteria of the Extended Credit Facility Arrangement, and Request for an Arrangement under the Resilience and Sustainability Facility. The...

This paper highlights Cameroon's Fourth Reviews under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Requests for Waiver for Nonobservance of Performance Criterion and Modification of Performance Criteria. Cameroon's economic recovery has continued in an uncertain...

This paper presents Senegal's Requests for an Extended Arrangement under the Extended Fund Facility (EFF), an Arrangement under the Extended Credit Facility (ECF), and an Arrangement under the Resilience and Sustainability Facility (RSF). The Senegalese economy has been severely impacted by...

This paper focuses on Ukraine's First Review under the Extended Arrangement under the Extended Fund Facility (EFF). The authorities have made strong progress toward their commitments under the EFF under challenging conditions, meeting all applicable quantitative performance criteria through...

This paper presents Democratic Republic of the Congo's Fourth Review under the Extended Credit Facility, Request for Modification of Quantitative Performance Criterion, and Financing Assurances Review. Ongoing macroeconomic pressures and looming risks call for prudent fiscal policy to preserve...

This 2023 Article IV Consultation highlights that Serbia has made impressive economic gains over much of the past decade: living standards improved, inflation fell, public finances were strengthened, and reserves increased, helped by ample foreign direct investment (FDI) inflows. But spillovers...