Bhutan 2022 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Bhutan

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Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan by : International Monetary

Download or read book Bhutan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bhutan written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-24 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pandemic has had a substantial impact on the economy, straining pre-pandemic gains in income and poverty reduction. The wide-ranging policy measures, including containment protocols, rapid vaccination and booster campaigns, direct income support, and policy support for borrowers and businesses, mitigated the adverse impact on lives and well-being. As the pandemic recedes and in light of the uncertainties from the war in Ukraine, the focus needs to be on securing livelihoods and ensuring strong and job-rich medium-term growth, while minimizing any persistent adverse effects from the pandemic and mitigating risks.

India

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis India by : International Monetary Fund. Asia and Pacific Dept

Download or read book India written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2022-12-23 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy has rebounded from the pandemic-related downturn but is facing new headwinds. The authorities have responded with fiscal policy measures to support vulnerable groups and to mitigate the economic impact of commodity price increases, as well as with front-loaded monetary policy tightening to address elevated inflation. A world class public digital infrastructure is facilitating innovation, productivity improvements and access to services. Further structural reforms, including to address the adverse impact of climate change, are needed to secure strong and sustainable growth.

Vietnam

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Vietnam by : International Monetary

Download or read book Vietnam written by International Monetary and published by International Monetary Fund. This book was released on 2022-07-05 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spurred by an impressive vaccination drive, the economy is rebounding from a severe pandemic wave. The government successfully maintained fiscal, external, and financial stability. Nonetheless, the labor market recovery is lagging, with sizeable underemployment, small and medium sized enterprises remain vulnerable, problem loans are rising, real estate and corporate bond market risks are elevated, and the pandemic exacerbated longstanding structural challenges.

Cambodia

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 122 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Cambodia by : International Monetary Fund. Asia and Pacific Dept

Download or read book Cambodia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2022-12-18 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: After suffering a recession during the pandemic, the Cambodian economy was on a steady recovery path, but is facing new pressures in 2022 that have buffeted external demand and increased inflation rates. The authorities have largely continued with crisis policy responses and have pressed on with policy reforms. The recovery is projected to continue, notwithstanding external stresses. Risks of public debt distress remain low. However, the level of private debt raises concerns about potential debt overhang.

Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 83 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan by : International Monetary

Download or read book Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-06 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pre-COVID-19, economic policies under “Abenomics” helped ease financial conditions, exit deflation, and raise labor market participation, but fell short on the deep reforms needed to raise productivity and achieve inclusive and sustainable growth. The Japanese economy is now recovering from the pandemic amid strong policy support that has helped to mitigate the downturn. Japan had substantially lower rates of COVID-related infections and deaths than most advanced economies.

Burundi

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Burundi by : International Monetary Fund. African Dept.

Download or read book Burundi written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2022-07-29 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Burundi’s economy has shown resilience to the COVID-19 and Ukraine war shocks. Prior to the pandemic, the economy was recovering from the political and security crisis that followed late President Nkurunziza’s decision to run for a third term in 2015, with growth close to 2 percent in 2019. Difficult macroeconomic policy challenges persisted, nevertheless. The pandemic has taken a toll on the post-conflict fragile country, but COVID-19 contagion remained fairly contained and growth was positive. The war in Ukraine is compounding the adverse effects of the pandemic, with deteriorating terms of trade and the resulting domestic inflation threatening already-challenging living standards. Sanctions from the U.S. and E.U.—legacy of the 2015 crisis—have now been lifted. The U.N. Security Council ended mandatory reporting in Burundi and the country has reengaged with the international community. The 2022 Article IV consultation seals the full reengagement with the IMF—the last one was concluded in 2014.

Grenada: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 91 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Grenada: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada by : International Monetary

Download or read book Grenada: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-10 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grenada’s economy was hit hard by the pandemic, with a decline in real output of 14 percent in 2020 from both a collapse of tourism-related activities and the suspension of in-person classes at Saint George’s University (SGU). Growth in 2021 is estimated to have partly recovered to 5.6 percent, driven by construction and agriculture. The authorities’ policy response helped mitigate the pandemic’s impact through containment measures, increased health and social spending, and an expanded public investment program (including to build resilience to natural disasters). Central government debt rose to 70 percent of GDP in 2021 (from 59 percent in 2019) and the external position has worsened. The financial sector has so far weathered the crisis well.

Revenue Statistics in Asia and the Pacific 2022 Strengthening Tax Revenues in Developing Asia

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264939784
Total Pages : 190 pages
Book Rating : 4.2/5 (649 download)

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Book Synopsis Revenue Statistics in Asia and the Pacific 2022 Strengthening Tax Revenues in Developing Asia by : OECD

Download or read book Revenue Statistics in Asia and the Pacific 2022 Strengthening Tax Revenues in Developing Asia written by OECD and published by OECD Publishing. This book was released on 2022-07-25 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication compiles comparable tax revenue statistics for Australia, Bangladesh, Bhutan, Cambodia, People’s Republic of China, Cook Islands, Fiji, Indonesia, Japan, Kazakhstan, Korea, Kyrgyzstan, Lao People’s Democratic Republic, Malaysia, Maldives, Mongolia, Nauru, New Zealand, Pakistan, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Thailand, Tokelau, Vanuatu and Viet Nam. It also provides information on non-tax revenues for selected economies.

Malaysia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 135 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Malaysia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia by : International Monetary

Download or read book Malaysia: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-28 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malaysia’s economy is showing signs of a gradual yet steady recovery thanks to the authorities’ impressive vaccine rollout, swift and coordinated implementation of multi-pronged support measures. The recovery nevertheless remains uneven and the output gap sizeable, with significant downside risks. Going forward, the authorities should calibrate macroeconomic policies to the pace of the recovery, while preserving policy space given pandemic-related uncertainties, and simultaneously accelerate structural reforms.

Maldives

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 121 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Maldives by : International Monetary Fund. Asia and Pacific Dept

Download or read book Maldives written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-11-11 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maldives’ economy is recovering rapidly from the pandemic, underpinned by a strong resumption in tourism on the back of the authorities’ rapid vaccine rollout and policy support measures. Fiscal and external vulnerabilities remain elevated due to rising subsidies, high capital spending, and an increased interest burden. The Maldives has a high risk of external debt distress and a high overall risk of debt distress. Inflation has risen but is relatively contained due to price subsidies. Risks to the outlook are tilted to the downside, including a possible sharp slowdown in key source markets for tourism, high commodity prices, and tighter global financial conditions. A resumption of tourist arrivals from China is an upside risk to growth.

India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513598929
Total Pages : 89 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India by : International Monetary

Download or read book India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India written by International Monetary and published by International Monetary Fund. This book was released on 2021-10-15 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing COVID-19 pandemic has created a prolonged health crisis. Economic activity was slowing prior to the pandemic. Two COVID-19 waves have resulted in a deep and broad-based economic downturn with the potential for a longer lasting impact. The authorities have responded with fiscal policy, including scaled-up support to vulnerable groups, monetary policy easing and liquidity provision, and accommodative financial sector and regulatory policies. Despite the pandemic, the authorities have continued to implement structural reforms.

Nepal

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 134 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Nepal by : International Monetary Fund. Asia and Pacific Dept

Download or read book Nepal written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2023-05-04 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global developments have impacted Nepal’s import-dependent economy—particularly through higher commodity prices. The current account weakened and reserves declined in the first half of 2022. Pressure on reserves has subsided since then, thanks in part to monetary policy tightening and cooling domestic demand, but inflation remains elevated. Fiscal policy has been less expansionary than projected, but a recent fall in revenues is adding to near-term fiscal pressures. Non-performing loans are increasing, while capital adequacy ratios remain above regulatory minima. Risks are on the downside.

Bhutan

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484382072
Total Pages : 63 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Bhutan by : International Monetary Fund. Asia and Pacific Dept

Download or read book Bhutan written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-10-30 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that Bhutan continued to make strides in raising per capita incomes and reducing poverty as it concluded the 11th Five Year Plan in 2018. Notably, poverty declined from 12 percent in 2012 to 8.2 percent, and extreme poverty fell to just 1.5 percent. The country is poised to transition to middle-income status, with per capita incomes at nearly US$3,600 in 2018, up from US$1,100 in 2004. Growth has remained robust, averaging 6 percent over the 11th Plan. In FY2018, growth is expected to slow to 5.8 percent from 7.4 percent in FY2017, reflecting slowing construction activity of hydropower projects set to come on stream in 2018 and beyond.

Bhutan

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484382110
Total Pages : 63 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Bhutan by : International Monetary Fund. Asia and Pacific Dept

Download or read book Bhutan written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-10-30 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bhutan has made significant strides in improving per capita incomes and reducing poverty, with growth strong and inflation in single digits. While still large, external imbalances are declining. Welcome progress has also been made on structural reforms. Key medium-term policy challenges include the mobilization of domestic revenues and prudent management of hydropower revenues to support adequate levels of public spending, while maintaining macroeconomic stability, and enhancing competitiveness and diversifying the sources of growth.

Kingdom of Lesotho: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kingdom of Lesotho

Download Kingdom of Lesotho: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kingdom of Lesotho PDF Online Free

Author : International Monetary Fund. African Dept.
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 :
Total Pages : 93 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Kingdom of Lesotho: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kingdom of Lesotho by : International Monetary Fund. African Dept.

Download or read book Kingdom of Lesotho: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kingdom of Lesotho written by International Monetary Fund. African Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2022-06-07 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lesotho has been simultaneously hit by the pandemic, declining transfers from the Southern African Customs Union (SACU), and the impact of the war in Ukraine. The pandemic exacerbated the impact of sluggish regional performance, climate shocks, and longstanding structural issues such as regulation, governance, political stability, financial inclusion, and diversification. Public expenditure has continued to increase, such that the decline in external transfers precipitated significant financing pressures and growing domestic arrears. With limited inflows to the private sector, the resulting public sector-driven external imbalances have continued to put pressure on international reserves needed to maintain the exchange rate peg.

Bhutan

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1498341519
Total Pages : 63 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Bhutan by : International Monetary Fund. Asia and Pacific Dept

Download or read book Bhutan written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-06-30 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic conditions have improved recently. Growth appears to be picking up while inflation has declined to low single digits; foreign reserves have been increasing on the back of a strong financial account; the fiscal balance has recorded a surplus in the past two years; and credit growth remains moderate. Financial soundness indicators point to a modest improvement in the health of the financial sector.

Democratic Republic of Timor-Leste

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Democratic Republic of Timor-Leste by : International Monetary Fund. Asia and Pacific Dept

Download or read book Democratic Republic of Timor-Leste written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-02-27 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timor-Leste has made impressive progress since independence in 2002 but remains a fragile post-conflict nation with pressing development needs. With oil and gas production having recently come to a halt, progress on diversifying the economy and developing the private sector is urgently needed. Fiscal deficits are financed by the country’s considerable Petroleum Fund savings, but regular large withdrawals are expected to lead to its full depletion by the end of the 2030s. A new coalition government—formed following parliamentary elections in May 2023—targets higher growth and achieving fiscal sustainability.