Showing 1 - 10 of 19
-- Zimbabwe : SAP means "suffering for African people" / Michael O'Heaney -- Stealing from the state (Mexico, Hungary & Kenya …
Persistent link: https://www.econbiz.de/10013543980
This paper discusses the Staff-Monitored Program (SMP) for Zimbabwe and highlights that the new government that assumed …
Persistent link: https://www.econbiz.de/10012019569
This paper discusses Zimbabwe's Settlement of Overdue Financial Obligations to the Poverty Reduction and Growth Trust … PRGT eligibility. In light of Zimbabwe's settlement of its overdue financial obligations to the PRGT, the IMF staff … proposes that the Board remove the remaining remedial measures. Zimbabwe is eligible to return to the PRGT-eligibility list …
Persistent link: https://www.econbiz.de/10011690622
This paper discusses recent developments, outlook, and risks related to the economy of Zimbabwe. Zimbabwe's economic …
Persistent link: https://www.econbiz.de/10011671225
A 9-month Staff Monitored Program (SMP) combined with a disbursement under the Rapid Credit Facility (RCF) of 50 percent of quota (about USD 174 million) was approved on March 30, 2021 to address BOP challenges and build a track record towards an upper credit tranche financial arrangement. This...
Persistent link: https://www.econbiz.de/10012697087
Burundi is a fragile state with a history of political tensions and weak institutions. Before the Covid-19 pandemic, Burundi was recovering from an economic recession triggered by the 2015 political crisis stemming from the late President Nkurunziza's decision to run for a third term. Real GDP...
Persistent link: https://www.econbiz.de/10012697109
Comoros is a small, fragile island state (population: 850,000) with persistently low and shock-prone growth. The last Article IV Consultation (completed in early 2020) assessed Comoros' fragility as arising from two vicious circles: economic fragility manifests in low fiscal revenue,...
Persistent link: https://www.econbiz.de/10012697162
Sao Tome and Principe has maintained macroeconomic stability in the period since the previous ECF review (February 2021). International support and the authorities' swift actions helped mitigate the impact of the pandemic so far. Growth is estimated at 3 percent in 2020, supported by...
Persistent link: https://www.econbiz.de/10012697814
The Gabonese economy was gradually recovering from the 2014 oil price shock when it was hit by the Covid-19 pandemic. Decisive confinement measures have helped save lives, but the pandemic and the fall in oil prices have severely hit the economy, increasing unemployment and poverty. With a weak...
Persistent link: https://www.econbiz.de/10012697860
After almost a decade of strong growth, the WAEMU region is facing severe challenges from a triple crisis impacting the health, economic and security situations. Both fiscal and monetary policies were relaxed significantly in 2020 to contain the pandemic and support the economy. A gradual fiscal...
Persistent link: https://www.econbiz.de/10012516495