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1. Introduction

1. Introduction »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The cyclical behavior of fiscal policy affects sub-Saharan African countries because many of them depend on commodity exports or have been gaining access to international capital markets in recent years, and...

Overview

Overview »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degr...

Republic of Madagascar: Fifth Review Under the Extended Credit Facility Arrangement—Debt Sustainability Analysis

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Republic of Madagascar: Fifth Review Under the Extended Credit Facility Arrangement—Debt Sustainability Analysis »

Source: Republic of Madagascar : Fifth Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

Volume/Issue: 2019/262

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2019

ISBN: 9781513509778

Keywords: Public financial management, Fiscal policy, Economic reforms, Economic growth, Credit, percent of GDP, social spend, BFM, budget law, Proj

Despite some electoral cycle-related uncertainties-the preparation and holding of the Presidential election in December 2018 and Parliamentary elections in May 2019-economic developments remained favorable in 2018...

Republic of Madagascar: Fifth Review Under the Extended Credit Facility Arrangement—Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

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Republic of Madagascar: Fifth Review Under the Extended Credit Facility Arrangement—Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar »

Source: Republic of Madagascar : Fifth Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

Volume/Issue: 2019/262

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2019

ISBN: 9781513509778

Keywords: Public financial management, Fiscal policy, Economic reforms, Economic growth, Credit, percent of GDP, social spend, BFM, budget law, Proj

Despite some electoral cycle-related uncertainties-the preparation and holding of the Presidential election in December 2018 and Parliamentary elections in May 2019-economic developments remained favorable in 2018...

Republic of Madagascar: Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Madagascar

Republic of Madagascar: Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Madagascar »

Source: Republic of Madagascar : Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Madagascar

Volume/Issue: 2019/89

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2019

ISBN: 9781498305839

Keywords: Credit, Fiscal policy, Development, Economic growth, Revenue mobilization, performance criterion, Proj, prior action, ECF, SDRs

Madagascar's economic recovery continued in 2018, notwithstanding challenges related to the presidential election in November/December 2018. While some economic pressures developed in the second half of 2018, econo...

Republic of Madagascar: Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria—Supplementary Information

Republic of Madagascar: Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria—Supplementary Information »

Source: Republic of Madagascar : Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Madagascar

Volume/Issue: 2019/89

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2019

ISBN: 9781498305839

Keywords: Credit, Fiscal policy, Development, Economic growth, Revenue mobilization, performance criterion, Proj, prior action, ECF, SDRs

Madagascar's economic recovery continued in 2018, notwithstanding challenges related to the presidential election in November/December 2018. While some economic pressures developed in the second half of 2018, econo...

Statement by Mr. Raghani, Executive Director for Madagascar, Mr. Razafindramana, Alternate Executive Director, and Mr. Alle, Senior Advisor to Executive Director March 22, 2019

Statement by Mr. Raghani, Executive Director for Madagascar, Mr. Razafindramana, Alternate Executive Director, and Mr. Alle, Senior Advisor to Executive Director March 22, 2019 »

Source: Republic of Madagascar : Fourth Review Under the Extended Credit Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Madagascar

Volume/Issue: 2019/89

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 March 2019

ISBN: 9781498305839

Keywords: Credit, Fiscal policy, Development, Economic growth, Revenue mobilization, performance criterion, Proj, prior action, ECF, SDRs

Madagascar's economic recovery continued in 2018, notwithstanding challenges related to the presidential election in November/December 2018. While some economic pressures developed in the second half of 2018, econo...

Statement by Mr. Raghani, Executive Director for Madagascar, Mr. Razafindramanana, Alternate Executive Director and Mr. Nguema-Affane, Senior Advisor to Executive Director July 26, 2019

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Statement by Mr. Raghani, Executive Director for Madagascar, Mr. Razafindramanana, Alternate Executive Director and Mr. Nguema-Affane, Senior Advisor to Executive Director July 26, 2019 »

Source: Republic of Madagascar : Fifth Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Madagascar

Volume/Issue: 2019/262

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2019

ISBN: 9781513509778

Keywords: Public financial management, Fiscal policy, Economic reforms, Economic growth, Credit, percent of GDP, social spend, BFM, budget law, Proj

Despite some electoral cycle-related uncertainties-the preparation and holding of the Presidential election in December 2018 and Parliamentary elections in May 2019-economic developments remained favorable in 2018...

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries?

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The Business Cycle in Sub-Saharan Africa First, this chapter illustrates the stylized facts of the business cycle dynamics among sub-Saharan African countries in recent years. While...

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries?

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines factors that may influence the way fiscal policy has been conducted over the business cycle—that is, the degree of fiscal policy procyclicality—in each of the sample sub-Saharan African...