The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainability. The recovery will likely remain weak, and the consolidated fiscal surplus is...

This paper reviews Guyana’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). The staff of the IMF and IDA considers that Guyana’s performance with respect to the conditions for reaching the completion point under the enhanced HIPC Initiative has...

This paper assesses Mali’s progress under the Heavily Indebted Poor Countries (HIPC) Initiative, and seeks Board approval of the completion point under the enhanced framework. By end-December 2002, the policy reforms for the floating completion point under the enhanced HIPC Initiative had...