In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This report examines Hungary’s Observance of Standards and Codes on the Financial Action Task Force (FATF) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism. Hungary has a substantial AML legal and institutional framework for combating money...

This paper discusses the Staff-Monitored Program (SMP) for Haiti. The authorities have reached understandings with the IMF staff on a short-term SMP. The main objectives of the program are to preserve financial stability, support economic recovery, and establish a track record of policy...

In pursuing their economic policy, the authorities have taken advantage of the existence of excess industrial capacity and have relied on price and exchange controls in an attempt to contain inflation pressures. In spite of strong financial support, agriculture performed poorly during 1998, as a...

This paper presents key findings of the Financial System Stability Assessment for Costa Rica. The Costa Rican financial system exhibits some immediate strengths deriving from an environment with limited historic volatility and a predominant state participation in financial intermediation....

This paper reviews economic developments in Guinea during 1990–95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy—led by the timber industry—dominated economic developments. However, the fiscal...

This technical note focuses on recent developments to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency and Data Modules for Sweden. The authorities are implementing recommendations of the fiscal ROSC module. The government has decided to reform the state audit...

This paper evaluates the Joint Staff Assessment of the Poverty Reduction Strategy Paper (PRSP) for Armenia, which builds on the strategy laid out in the Interim PRSP. It provides an extensive analysis on the causes of poverty and the challenges faced, the comprehensive strategy with short- and...

This report provides an overview of the recent economic developments in Armenia by analyzing its output growth, prices, wages, employment, public finances and social safety net, monetary and exchange rate developments, balance of payments, external debt developments, and exchange and trade...

This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper provides an overview of Chile’s recent experience with public–private partnerships (PPPs), focusing on the design of its institutional framework. The paper...