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II. Strengthening WAEMU Fiscal Rules

II. Strengthening WAEMU Fiscal Rules »

Source: Strengthening the West African Economic and Monetary Union : The Role of Fiscal and Market Institutions in Economic Stabilization

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Patrick Imam , Tidiane Kinda , and Aleksandra Zdzienicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2015

ISBN: 9781513567334

Keywords: Fiscal rules and institutions, West African Economic and Monetary Union, External shocks, Regional shocks, Economic stabilization, Economic integration, fiscal, debt, insurance, deficit

One of the main difficulties with fiscal rules is preserving some room for flexibility without compromising the rules. This is particularly relevant for WAEMU countries, as large and frequent sh...

III. Creating Public Insurance Mechanisms

III. Creating Public Insurance Mechanisms »

Source: Strengthening the West African Economic and Monetary Union : The Role of Fiscal and Market Institutions in Economic Stabilization

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Patrick Imam , Tidiane Kinda , and Aleksandra Zdzienicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2015

ISBN: 9781513567334

Keywords: Fiscal rules and institutions, West African Economic and Monetary Union, External shocks, Regional shocks, Economic stabilization, Economic integration, fiscal, debt, insurance, deficit

Frequent and large asymmetric shocks and limited effectiveness of shock-smoothing mechanisms challenge the stability of WAEMU economies. A public insurance mechanism—even in its less centralized...

IMF and World Bank Announce US$1.2 Billion in Debt Relief for Guinea-Bissau

IMF and World Bank Announce US$1.2 Billion in Debt Relief for Guinea-Bissau »

Source: Guinea-Bissau : Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document and Multilateral Debt Relief Initiative

Volume/Issue: 2010/380

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2010

ISBN: 9781455213535

Keywords: debt, debt service, external debt, budget

According to IMF and IDA authorities, Guinea-Bissau had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The authorities appreciated the cou...

IMF Approves US$66.2 Million in Emergency Post-Conflict Assistance for Côte d’Ivoire

IMF Approves US$66.2 Million in Emergency Post-Conflict Assistance for Côte d’Ivoire »

Source: Côte d'Ivoire : Request for Emergency Post -Conflict Assistance: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2008/142

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 April 2008

ISBN: 9781451807905

Keywords: debt, budget, interest, budget execution, debt service

The economic recovery in Côte d'Ivoire is crucial to growth throughout the subregion. The fiscal results and mobilized domestic financing enabled the authorities to make payments to the World Bank and AfDB and redu...

IMF Concludes 2001 Article IV Consultation with Côte d’lvoire

IMF Concludes 2001 Article IV Consultation with Côte d’lvoire »

Source: Côte d'Ivoire : Staff Report for the 2001 Article IV Consultation and Staff-Monitored Program

Volume/Issue: 2001/168

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2001

ISBN: 9781451807868

Keywords: debt, deficit, budget, central bank, balance of payments

The three-year arrangement under the Poverty Reduction and Growth Facility (PRGF) that was approved by the Executive Board of the IMF in March 1998 in support of Cote d'lvoire's adjustment efforts went off track af...

IMF Executive Board Approves Three-Year, US$615.9 Million Extended Credit Facility Arrangement and Additional Interim Debt Relief for Côte d’Ivoire

IMF Executive Board Approves Three-Year, US$615.9 Million Extended Credit Facility Arrangement and Additional Interim Debt Relief for Côte d’Ivoire »

Source: Côte d'Ivoire : 2011 Article IV Consultation and Requests for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire.

Volume/Issue: 2011/328

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2011

ISBN: 9781463925239

Keywords: debt service, debt relief, external debt, public debt, budget support

This 2011 Article IV Consultation reviews Côte d'Ivoire's economic condition. Côte d'Ivoire is emerging from a decade-long sociopolitical crisis that has held back its economic growth. In 2009, Côte d'Ivoire adopte...

IMF Executive Board Approves US$33.3 Million Arrangement Under the Extended Credit Facility and Additional US$1.5 Million in Interim HIPC Assistance for Guinea-Bissau

IMF Executive Board Approves US$33.3 Million Arrangement Under the Extended Credit Facility and Additional US$1.5 Million in Interim HIPC Assistance for Guinea-Bissau »

Source: Guinea-Bissau : 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative

Volume/Issue: 2010/117

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 May 2010

ISBN: 9781455203246

Keywords: debt, budget, revenues, public administration

Guinea-Bissau's 2010 Article IV Consultation and request for a Three-Year Arrangement under the Extended Credit Facility are discussed. Despite the difficult external environment and its political challenges, in 20...

IMF Executive Board Approves US$2.9 Million Disbursement Under Emergency Post-Conflict Assistance for Guinea-Bissau

IMF Executive Board Approves US$2.9 Million Disbursement Under Emergency Post-Conflict Assistance for Guinea-Bissau »

Source: Guinea-Bissau : Review of Performance Under the Program Supported by Emergency Post-Conflict Assistance and Request for Second Purchase Under Emergency Post-Conflict Assistance-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau

Volume/Issue: 2008/266

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451815863

Keywords: debt, budget, revenues, deficit, interest

This paper reviews the performance of Guinea-Bissau Under the program supported by Emergency Post-Conflict Assistance (EPCA). Guinea-Bissau has made progress in stabilizing its fiscal situation under difficult circ...

IMF Executive Board Approves US$62.2 Million in Emergency Post-Conflict Assistance for Côte d’Ivoire

IMF Executive Board Approves US$62.2 Million in Emergency Post-Conflict Assistance for Côte d’Ivoire »

Source: Côte d'Ivoire : 2007 Article IV Consultation and Request for Emergency Post-Conflict Assistance-Staff Report; Staff Statement; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion;

Volume/Issue: 2007/312

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2007

ISBN: 9781451807899

Keywords: debt, budget, interest, debt service, budget execution

This 2007 Article IV Consultation highlights that Côte d'Ivoire's crisis has taken a heavy toll on growth and social conditions. Per capita income fell by one-sixth, poverty rose, and many social indicators worsene...

IMF Executive Board Approves US$2.8 Million in Emergency Post-Conflict Assistance for Guinea-Bissau

IMF Executive Board Approves US$2.8 Million in Emergency Post-Conflict Assistance for Guinea-Bissau »

Source: Guinea-Bissau : Use of Fund Resources -Request for Emergency Post-Conflict Assistance: Staff Report; Press Release; and Statement by the Executive Director for Guinea-Bissau

Volume/Issue: 2008/77

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 February 2008

ISBN: 9781451815856

Keywords: budget, debt, revenues, budget support, external debt

Guinea-Bissau remains fragile, after nearly a decade of conflict and political instability. Fiscal performance has improved markedly since the new government implemented its emergency fiscal plan. The focus of the...