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This 2009 Article IV Consultation highlights that the banking system of the Russian Federation is under increasing strain, and private sector credit is contracting. The authorities’ response to the crisis has been swift and substantial, driven by concerns that weaknesses in the banking...
Persistent link: https://www.econbiz.de/10011243098
promote robust inclusive growth. The authorities’ ambitious economic program aims to reverse the current mix of large fiscal …
Persistent link: https://www.econbiz.de/10011243290
growth has exceeded expectations, but unemployment remains high. With exports staging a recovery and consumption boosted by … the Philippines economy is clouded by the uncertain external environment. The rapid growth in 2004 is unlikely to be …
Persistent link: https://www.econbiz.de/10005768625
macroeconomic environment will be the key for creating the conditions for sustainable growth and poverty reduction. Although all …
Persistent link: https://www.econbiz.de/10005824933
increasing hydrocarbon revenues. Real GDP growth is expected to continue at about 5 percent in 2005, led by increased output in …
Persistent link: https://www.econbiz.de/10005825061
inflation and external pressures are evident. High growth, including in agriculture, is estimated to have raised disposable … incomes. The authorities’ ambitious growth objectives require substantial increases in investment, including from the …
Persistent link: https://www.econbiz.de/10005825180
Iceland’s 2005 Article IV Consultation reports that new projects have rekindled rapid growth and the economy is … projects have contributed both to the high growth rate and to overall macroeconomic volatility because of their size relative …
Persistent link: https://www.econbiz.de/10005825269
The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the...
Persistent link: https://www.econbiz.de/10011242533
This 2013 Article IV Consultation highlights that growth in Uruguay has moderated to a more sustainable pace since 2012 …, mostly owing to weaker external demand. Real GDP growth is projected at 4 percent in 2013 and 3.5 percent in 2014. Fiscal …
Persistent link: https://www.econbiz.de/10011242539
The staff report for the First Review Under the Poverty Reduction and Growth Facility (PRGF) Arrangement highlights …, particularly with respect to bank restructuring costs, expenditure control, implementation capacity, and natural disasters. The …
Persistent link: https://www.econbiz.de/10011242547