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Burkina Faso Staff Report For The Article Iv Consultation And Review Under The Poverty Reduction And Growth Facility
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Book Synopsis Burkina Faso, Staff Report for the ... Article IV Consultation and ... Review Under the Poverty Reduction and Growth Facility by :
Download or read book Burkina Faso, Staff Report for the ... Article IV Consultation and ... Review Under the Poverty Reduction and Growth Facility written by and published by . This book was released on 2008 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781451803747 Total Pages :0 pages Book Rating :4.8/5 (37 download)
Book Synopsis Burkina Faso by : International Monetary Fund
Download or read book Burkina Faso written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2004-03-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite severe exogenous shocks, the macroeconomic program remained broadly on track, and several social indicators, particularly in the area of basic education, progressed. A variety of measures have been successfully implemented to improve the environment for private sector development, reduce the vulnerability of the rural sector, and strengthen public finance management. A more comprehensive framework for growth-enhancing policies should encompass the rural sector; foster the development of analytical links between budgets and results; and strengthen the role of the Poverty Reduction Strategy Paper (PRSP) as an integrative framework for sectoral policies.
Book Synopsis Burkina Faso by : International Monetary Fund
Download or read book Burkina Faso written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-05-01 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the 2002 Article IV Consultation and Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Burkina Faso. Performance under the PRGF-supported program has been generally satisfactory, as all end-December 2001 quantitative performance criteria, benchmarks, and indicators were met, except for the indicator on current revenue. The IMF staff commends the authorities for vigorously pursuing the poverty reduction objectives imbedded in the Poverty Reduction Strategy Paper and for improving in social outcomes. However, further efforts are needed to improve the planning and execution of the poverty reduction strategy.
Book Synopsis Burkina Faso by : International Monetary Fund. African Dept.
Download or read book Burkina Faso written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-07-21 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: EXECUTIVE SUMMARY Growth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker terms of trade. Inflation is around zero, partly due to subsidized food prices. The revised 2013 current account deficit rose to 7 percent of GDP, with a drawdown of imputed reserves. The 2013 fiscal deficit increased to 3.5 percent of GDP, reflecting weaker revenues and spending for subsidies, partly offset by higher grants. In line with 2011 Article IV recommendations, the authorities maintained a prudent fiscal stance, despite numerous shocks, and implemented structural reforms that have improved the resilience of agriculture, especially cotton. Social transfers have been bolstered to ensure the benefits of growth are better distributed. An updated external stability analysis shows that the exchange rate is broadly in line with fundamentals, and an updated joint debt sustainability analysis maintains a “moderate” risk of debt distress. Program performance has been satisfactory. The authorities are requesting a waiver for a non-observance in the performance criterion for net domestic financing at end-December 2013, with most other quantitative targets met and all structural benchmarks for end-January and end-March met. Program targets differ mainly due to higher budget support projections. The 3 percent fiscal deficit target for the medium term macroeconomic framework remains unchanged, although with a higher share of current spending. Policy discussions focused on composition and quality of spending, transfers to public enterprises, and natural resource revenues. The authorities recently submitted a supplemental budget that increases the share of current spending for a higher wage bill and more social and public enterprise transfers, but remains within program targets as a result of spending offsets and higher budget support. The authorities are proposing an audit of large public enterprises to estimate needs for the medium term, and inform reforms to reduce transfer needs. The National Assembly did not approve a new mining taxation code by end-2013 as expected, rather, the draft code was sent back to the authorities for further consideration of investors’ concerns.
Book Synopsis West African Economic and Monetary Union by : International Monetary Fund
Download or read book West African Economic and Monetary Union written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-05-06 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has edged up in the second half of the year. After a moderate fiscal easing by about 11⁄2 percentage points of GDP in 2009, mostly the result of higher capital spending, the area-wide average deficit is estimated to have declined slightly to 3.1 percent of GDP in 2010. A compression of imports in 2009, the region’s external current account deficit is estimated to have returned to about 51⁄2 percent of GDP in 2010.
Book Synopsis Publications Catalog by : International Monetary Fund
Download or read book Publications Catalog written by International Monetary Fund and published by . This book was released on 2004 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainable Development in Post-Pandemic Africa by : Fred Olayele
Download or read book Sustainable Development in Post-Pandemic Africa written by Fred Olayele and published by Taylor & Francis. This book was released on 2022-10-21 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: With both domestic and external financing expected to dry up in the wake of the COVID-19 pandemic, this book argues that there is a need for fresh ideas and new strategies for achieving sustainable development in Africa. In addition to triggering the most severe recession in nearly a century, the COVID-19 pandemic has disrupted global value chains, causing unprecedented damage to healthcare systems, economies, and well-being, hitting the world’s most vulnerable people the hardest. Even before the pandemic, Africa was suffering from the effects of low commodity prices, sluggish GDP growth, high debt levels, low levels of domestic savings, and weak private capital inflows. This book argues that now, as the continent emerges from the current crisis, it will be important to reconfigure current financing sources under a forward-looking framework that incorporates other non-traditional financing tools and mechanisms such as public-private partnerships, sovereign wealth funds, gender lens investing, new growth drivers, and emerging and disruptive technologies. Finally, the book concludes by adopting a sectoral approach and examining the real economy impacts of new growth drivers such as agriculture value chains, industrialization, tourism, and the blue economy. Drawing on a range of original research as well as insights from practice, this book will be a useful guide for Global Development and African Studies researchers, as well as for policy makers, investors, finance specialists, and global business practitioners and entrepreneurs.
Book Synopsis Finland by : International Monetary Fund
Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-02-04 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finland’s 2008 Article IV Consultation shows that spillovers from the global turmoil are adversely affecting activity and may weaken the financial system. From a cyclical perspective, a fiscal structural loosening is warranted. Its effectiveness in Finland’s small, open economy would be limited in the absence of an EU-wide fiscal package. The authorities have been confident that an EU-coordinated budget expansion is in the works. There has been agreement that loosening should be designed to minimize damage to long-term fiscal sustainability.
Book Synopsis Niger by : International Monetary Fund
Download or read book Niger written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-01-16 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the 2006 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility for Niger. Macroeconomic performance and policy implementation have been broadly satisfactory. After a drought in 2004, a bumper harvest in late 2005 and good rains in 2006 have helped economic recovery, improved food security, and eased inflation. The fiscal deficit in 2006 is expected to be narrower than programmed, reflecting mainly lower spending on investment and food security.
Book Synopsis Mali by : International Monetary Fund
Download or read book Mali written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-06 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Mali’s 2005 Article IV Consultation and Second and Third Reviews Under the Poverty Reduction and Growth Facility (PRGF). The PRGF-supported program is broadly on track. Performance on quantitative aspects remains strong. Although the record on the structural program has been disappointing, the program for 2006 would mark significant progress on addressing key challenges. The IMF staff supports the authorities’ request for completion of the second and third reviews under the arrangement and waivers for nonobservance of three structural performance criteria.
Book Synopsis Islamic Republic of Mauritania by : International Monetary Fund
Download or read book Islamic Republic of Mauritania written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-07-16 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2008 Article IV Consultation highlights that Mauritania’s macroeconomic performance over recent years was satisfactory, despite a steeper-than-expected decline in oil production reflecting persistent technical problems a and difficult external environment. The real non-oil GDP growth is estimated to have increased to 5.9 percent in 2007 driven by a rebound in agriculture and new mining projects. The current account deficit deteriorated, reflecting higher food prices and lower oil exports. Executive Directors have commended the authorities for Mauritania’s continued satisfactory performance under the Poverty Reduction and Growth Facility-supported program.
Book Synopsis The Gambia by : International Monetary Fund
Download or read book The Gambia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-10-03 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gambia’s 2008 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility are discussed. A sharp appreciation of the dalasi in 2007 has mitigated the impact of increases in world food and oil prices. The authorities’ response to the continuing rise in these world prices has been measured; while eliminating sales tax on the rise, they have raised other taxes to compensate for the revenue loss. Petroleum product prices have been adjusted to eliminate an implicit subsidy and bring them in line with import costs.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451834020 Total Pages :111 pages Book Rating :4.4/5 (518 download)
Book Synopsis Senegal by : International Monetary Fund
Download or read book Senegal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-07-26 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Senegal achieved robust economic growth and low inflation under the economic program. Executive Directors emphasized the need to correct slippages in fiscal governance and transparency to ensure budgetary discipline and strengthen procurement rules and practices. They appreciated the action plan for the development and soundness of the financial system, simplifying loan recovery procedures and improving the efficiency of the judiciary system to reduce nonperforming loans and increase credit availability. They welcomed the comprehensive framework for macroeconomic, structural, and social policies to foster growth and reduce poverty.
Author :International Monetary Fund. Secretary's Department Publisher :International Monetary Fund ISBN 13 :1513568817 Total Pages :74 pages Book Rating :4.5/5 (135 download)
Book Synopsis International Monetary Fund Annual Report 2021 by : International Monetary Fund. Secretary's Department
Download or read book International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2021-10-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Book Synopsis Mali, Staff Report for the ... Article IV Consultation, ... Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria by :
Download or read book Mali, Staff Report for the ... Article IV Consultation, ... Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria written by and published by . This book was released on 2006 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Liberia by : International Monetary Fund
Download or read book Liberia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-01-13 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the staff report for the combined Liberia’s 2008 Article IV Consultation and the first review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. The international community is supporting the Liberian government’s efforts to reform the economy. Increases in international commodity prices have contributed to a significant acceleration in inflation in Liberia, where increases have largely been allowed to pass through to the domestic economy. Liberia has been particularly affected by increases in the price of rice, which accounts for 50 percent of the daily caloric intake of households.
Book Synopsis Zambia by : International Monetary Fund
Download or read book Zambia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-01-15 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2009 Article IV Consultation highlights that the Zambian economy has performed well in recent years and showed some resilience to the recent global recession. Growth in 2009 is now projected at 5.3 percent, in line with the average for recent years, as the slowdown in the tertiary sector was compensated by a significant increase in copper production and a bumper crop. Executive Directors have commended the Zambian authorities for their prudent macroeconomic management, observing that the Zambian economy has proven resilient to the global economic crisis.
