Despite the difficult global environment, economic growth in Mozambique has remained buoyant. Inflation has come down more rapidly than anticipated. Foreign direct investment in the natural resource sector has resulted in rapid import growth. The contribution of coal production and exports and...

The staff report for Uganda’s combined 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument is presented. Building on a foundation of two decades of sound policies, Uganda achieved an impressive economic performance, with high growth, low inflation, and...

This 2007 Article IV Consultation highlights that macroeconomic outcomes for Antigua and Barbuda have strengthened significantly in recent years. Real GDP growth averaged 5 percent during 2003–05, and is estimated to have reached 12 percent in 2006. There has been progress in implementing...

This 2004 Article IV Consultation highlights that Costa Rica’s economic performance improved in 2003. Following several years of slow growth, real GDP rose by 5½ percent, boosted by a recovery of exports and strong private investment. Inflation declined below 10 percent while...

This paper presents the midyear review of the 2004 Staff-Monitored Program (SMP) for Sudan. Policy performance in the first half of 2004 was broadly in line with the program. All quantitative benchmarks and most structural benchmarks were met. Real GDP growth has been stronger than anticipated...

St. Vincent and the Grenadines’s financial system has been largely unaffected by the global financial crisis. The report examines St. Vincent and the Grenadines 2009 Article IV Consultation and request for Disbursement under the Rapid-Access Component of the Exogenous Shocks Facility. The...

This paper assesses Papua New Guinea’s 2003 Article IV Consultation and a Request for an Extension of Repurchase Expectations. Since the mid-1990s, Papua New Guinea’s growth performance has been weak and poverty has increased owing to an unfavorable external environment, loose...