Following a request to the Caribbean Regional Technical Assistance Centre (CARTAC), a mission was held from July 7 to 10, 2025, in Belmopan and Belize City to assist the Belize Financial Services Commission (FSC) with prudential regulation and supervision of securities firms. The mission...

This technical assistance report documents the key phases of the scoping mission for the development of a macroeconomic model based on financial programming, conducted in Libreville from May 5 to 15, 2025, on behalf of the Ministry of Economy and Participations of Gabon. The mission undertook a...

Moldova’s State Tax Service advances audit reforms with improved VAT refund management, enhanced staffing, and governance structures. Key focus areas remain organizational optimization, manager time study, and data-driven taxpayer segmentation to improve tax compliance and risk management

At the request of the Royal Monetary Authority of Bhutan (RMA), the Monetary and Capital Markets Department (MCM) conducted a mission to review and strengthen Bhutan’s fintech regulatory sandbox (RS) framework. The mission was held from August 25 to September 2, 2025, in Thimphu, Bhutan and...

Infrastructure investment is a policy priority for Namibia to address critical gaps and support economic growth. However, a constrained fiscal environment in recent years has contributed to a decrease in public investment and capital stock. The Public Investment Management Assessment (PIMA)...

The report outlines the efforts of the International Monetary Fund to assist the Central Bank of the Congo (BCC) in operationalizing a special resolution regime for credit institutions. This initiative implements key recommendations from the Financial Sector Stability Review mission conducted by...

This Technical Assistance followed a request by the National Bank of Ukraine for a review of their existing Quarterly Projection Model (QPM) and Forecasting and Policy Analysis System (FPAS). Although the NBU had an established FPAS, which benefited from previous IMF TA, the existing model-based...

The IMF conducted a Technical Assistance (TA) mission to assist the National Reserve Bank of Tonga (NRBT) in determining an appropriate policy rate and in implementing an effective liquidity management and forecasting framework. This TA mission serves as a follow-up to previous IMF TA, which...

The Direction of Planning (DNP) of the Ministry of Finance has sought Technical Assistance from ICD to help develop capacity for public debt projections and analysis. Pre-scoping and pre-mission meetings revealed that there was no single unit responsible for producing public debt projections. It...

The Direction of Planning (DNP) of the Ministry of Finance has sought Technical Assistance from ICD to help develop capacity for public debt projections and analysis. Pre-scoping and pre-mission meetings revealed that there was no single unit responsible for producing public debt projections. It...

The Technical Assistance (TA) mission, conducted in Bridgeton, Barbados, from July 8 to 12, 2024, supported the Central Bank of Barbados (CBB) in the integration of climate risk analysis (CRA) into its banking stress testing framework, building on prior CARTAC technical assistance. It focused on...

The mission assisted the staff of the National Bank of Rwanda (NBR) in broadening the coverage of MFS, to include other financial corporations (OFCs) and compile the OFCs Survey, aligned with the IMF’s 2016 Monetary and Financial Statistics Manual and Compilation Guide (2016 MFSMCG). In...

The IMF conducted a repeat Tax Administration Diagnostic Assessment Tool (TADAT) evaluation of Armenia's tax administration system from May 12 to May 27, 2025. The assessment aimed to establish an updated baseline for tax administration performance, identify areas for potential reform, and...

This technical assistance report summarizes the findings from the IMF Fiscal Affairs Department’s September 2025 mission to Phnom Penh, aimed at renewing engagement with the General Department of Customs and Excise (GDCE) and shaping the FY2026 capacity development workplan. Against the...

An IMF mission visited both Astana and Almaty during May - June 2024. This mission was a second engagement with the National Bank of Kazakhstan (NBK) and National Payments Corporation of Kazakhstan (NPCK) following a virtual engagement during February - March 2024. Both phases sought to support...

Climate-related risks are macro-critical considerations for Burkina Faso. This Climate Policy Diagnostic identifies policy reforms that reduce balance of payment risks, boost fiscal resilience, and generate positive climate outcomes. A robust package of fiscal policies is key to accelerating...

This paper presents briefly the state of play on the implementation of the Pact on Migration and Asylum, and highlights the main difficulties and challenges faced by the European states (the Member States and the Schengen associated countries) who agreed to implement it. In less than a year, the...

This paper presents briefly the state of play on the implementation of the Pact on Migration and Asylum, and highlights the main difficulties and challenges faced by the European states (the Member States and the Schengen associated countries) who agreed to implement it. In less than a year, the...

The workshop aimed to explore adaptive IT solutions for enhancing digital tax administration in fragile and conflict-affected states, focusing on modernizing tax systems, improving revenue collection, promoting transparency, and reducing corruption through digitalization strategies

In August-September 2024, the IMF's Monetary and Capital Markets Department assisted the Central Bank of Comoros (BCC) in operationalizing a special resolution regime under the Law on the Recovery and Resolution of Financial Institutions (LRIF). The technical assistance focused on enhancing the...

A technical assistance mission from the IMF's Statistics Department visited South Africa during October 7-18, 2024, to support the authorities in improving compilation and dissemination of Government finance statistics (GFS) and public sector debt statistics (PSDS). The mission worked with the...

This report provides a diagnostic evaluation of Moldova's State Tax Service (STS) tax audit program, highlighting areas of strength and opportunities for improvement. Key findings indicate that while Moldova has made commendable progress, significant improvements are needed in legal frameworks,...

This report presents estimates of the Personal Income Tax (PIT) and Social Security Contributions tax gaps for Armenia for 2020-2023. The tax gaps are based on a bottom-up approach using operational audits. The PIT gap is estimated at 3.8 percent of potential PIT liability

This report provides a summary of guidance provided to State Taxation Administration officials on ways to advance risk management for large taxpayers. Building from previous FAD guidance, this report focused on enhancing risk management, and governance and accountability

In response to a request from Saint Lucia's Central Statistics Office (CSO), a technical assistance (TA) mission was conducted from September 2-13, 2024, to support the development of experimental expenditure-based GDP (GDP-E) estimates as a complementary product to the existing production-based...

The Central Bank of Suriname (CBvS) undertook significant steps to modernize its monetary policy framework by shifting from an exchange rate regime to a monetary targeting regime in 2021. The main objective was to stabilize inflation and manage liquidity effectively, especially after the...

Central bank balance sheet stress testing (CBST) models are designed to support central banks in determining appropriate capital levels and informing decisions on dividend distribution. A key concept in this context is policy solvency, which refers to a central bank's ability to generate...

Technical assistance (TA) was provided to the National Statistics Office of Georgia (Geostat) during December 2-6, 2024 to extend the scope and coverage of the residential property price index (RPPI) using web-scraped data. This was the latest mission to Georgia in a series since 2018 to...

This report evaluates four key areas that significantly impact the efficiency and resilience of Chile's financial sector, offering targeted recommendations for improvement. These areas are central bank collateral policy, emergency liquidity assistance, systemwide market support programs, and the...

A Technical Assistance (TA) mission, supported by the Caribbean Technical Assistance Center (CARTAC), was conducted from September 9-20, 2024, to assist Saint Lucia's Central Statistics Office (CSO) in developing new Producer Price Indexes (PPIs) for the industries of mining, manufacturing,...

A technical assistance mission assisted the State Statistical Committee of Azerbaijan (SSC) in developing the system of quarterly national accounts. It did so by reviewing the compilation of quarterly GDP by production and providing recommendations for further improvement. The mission also...

A technical assistance (TA) mission was conducted from August 5 to 9, 2024, in response to a request from the Economics and Statistics Office (ESO) of the Cayman Islands, to support the improvement and rebasing of Gross Domestic Product (GDP). The primary focus was to assist in updating the base...

A technical assistance mission assisted the National Statistical Office of Mongolia (NSO) in improving methods for the compilation of national accounts. The mission recommended that the NSO compiles the chain-linked time series of quarterly GDP instead of using the fixed-base approach. During...

A technical assistance mission assisted the Bureau of National Statistics under the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan in developing quarterly national accounts. It did so by reviewing existing large statistical discrepancies between GDP by production and GDP...

This technical assistance (TA) mission on Government Finance Statistics (GFS) and Public Sector Debt Statistics (PSDS) was conducted in Brazil during August 5-16, 2024. The primary objective of the mission was to assist the authorities in their efforts to enhance data quality and strengthen the...

As part of the Caribbean Regional Technical Assistance Centre (CARTAC) work program on External Sector Statistics (ESS) a technical assistance (TA) mission was conducted to the Central Statistics Office (CSO) of Saint Lucia during October 28-November 1, 2024. The mission focused on data...

At the request of the Permanent Secretary of the Ministry of Finance (MOF) of Cyprus, a capacity development mission from the International Monetary Fund's Fiscal Affairs Department (FAD) visited Nicosia during the period June 18 - July 1, 2024. The purpose of the mission was to review the...

The Governance Diagnostic (GD) Report is prepared by IMF staff at the request of the Haitian authorities. Informed by political economy analysis, the GD discusses the nature and severity of corruption, its relevance to Haiti's fragility, and its impact on the anti-corruption, anti-money...

A technical assistance (TA) mission was delivered virtually to Statistics South Africa between February 13-17, 2025. The objective of the mission was to provide assistance to Statistics South Africa in the validation and release of the energy accounts for 2015-21 that had been compiled by...

This report discusses the findings and recommendations of a diagnostic assessment of the quality of public sector debt statistics (PSDS) of Malawi based on the IMF's Data Quality Assessment Framework for PSDS. The assessment was undertaken in February 2025 as part of a project to strengthen the...

The IMF Caribbean Regional Technical Assistance Centre (CARTAC) conducted two technical assistance (TA) missions in the Turks and Caicos Islands (TCI) between January and March 2024. The missions aimed to strengthen the financial stability framework of the Turks and Caicos Islands Financial...

The IMF Caribbean Regional Technical Assistance Centre (CARTAC) conducted a technical assistance (TA) mission in Curaçao and Sint Maarten from October 3 to October 12, 2023. The mission aimed to support the Central Bank of Curaçao and Sint Maarten (CBCS) in enhancing its Financial Stability...

The IMF Caribbean Regional Technical Assistance Centre (CARTAC) conducted a technical assistance mission to Barbados from July 31 to August 11, 2023. The mission aimed to strengthen the stress testing framework of the Central Bank of Barbados (CBB) and the Barbados Financial Services Commission...

At the request of the Central Bank of Suriname (CBvS), this technical assistance (TA) mission assessed and provided recommendations to enhance the transparency, consistency, and stakeholder engagement of monetary policy and financial stability communication. Strengthening communication in these...

The Technical Assistance (TA) mission, conducted in Tashkent, Uzbekistan, from August 21 to 31, 2023, assisted the Central Bank of Uzbekistan's (CBU) authorities in developing their stress testing (ST) framework for the banking sector. This TA was the second of a multi-mission TA project...