This report provides details of the IMFâ€s projections and estimates for Mauritius on GDP at constant 1992 prices and at current prices by industrial origin; expenditure on GDP at constant 1992 and at current prices; sugar cultivation, yields, and output; electricity production and...

This note reviews the effects of dollarization on the ability of the Bank of the Republic of Haiti (BRH) to conduct monetary policy and the risks to macroeconomic stability and the banking system. Haiti's external indebtedness has been compared with that of countries eligible for debt relief...

This paper considers elements of macroeconomic policy central to Ireland’s objective of being among the first countries to enter into European Economic and Monetary Union. The paper analyzes the main determinants of the Irish pound/sterling exchange rate, an issue brought to the fore by...

The staff report for the Third Review Under the Stand-By Arrangement on Jordan highlights the economic developments and policies. Additional grants and higher tax revenue will offset the loss of the oil surplus and the increase in petroleum subsidies. The authorities intend to limit total...

This paper examines Senegal’s 2002 Article IV Consultation and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries. Overall, economic...

This 2004 Article IV Consultation highlights that economic developments in the Union of the Comoros during 2003 were adversely affected by the difficult relationship between the Union and island governments. The related disputes regarding competencies and resources prevented the design and...

This Selected Issues paper examines the fiscal outlook and policy options for the Hong Kong Special Administrative Region. The paper provides indicative estimates of how revenue and expenditure might evolve in the next five years under two fiscal consolidation scenarios with a different mix of...

Georgia's medium-term economic goals are to reestablish fiscal and external sustainability and reduce poverty. The conduct of monetary policy has remained sound. Fiscal consolidation has been supported by important measures to strengthen public expenditure management and improve fiscal...

This paper describes economic developments in France during 1990–95. Partner country demand recovered markedly in the course of 1993, following a sharp downturn since the middle of 1992. The surge of exports during the second half of 1993 was followed by a temporary stabilization at a...

This paper describes economic developments in Mauritania during the 1990s. Significant progress has been achieved in Mauritania since 1992. Economic growth has held up and the rate of inflation has been contained to below 5 percent. The lingering domestic banking crisis was confronted through a...