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Republic of Uzbekistan
			: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Uzbekistan

Republic of Uzbekistan : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Uzbekistan »

Volume/Issue: 2018/117

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 May 2018

DOI: http://dx.doi.org/10.5089/9781484354896.002

ISBN: 9781484354896

Keywords: Article IV consultation reports, Spillovers, Fiscal policy, Fiscal transparency, Monetary policy, Inflation targeting, Exchange rate policy, Financial stability, Fiscal reforms, Sustainable development

This 2018 Article IV Consultation highlights that Uzbekistan's external position remains strong. External shocks, which began in 2014, lowered exports, commodity prices, and remittances and contributed to a decline...

Rwanda
			: First Review of the Standby Credit Facility Arrangement and Sixth Review Under the Policy Support Instrument, Request for Waiver and Modification of Performance and Assessment Criteria-Press Release; and Staff Report

Rwanda : First Review of the Standby Credit Facility Arrangement and Sixth Review Under the Policy Support Instrument, Request for Waiver and Modification of Performance and Assessment Criteria-Press Release; and Staff Report »

Volume/Issue: 2017/8

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 January 2017

DOI: http://dx.doi.org/10.5089/9781475565355.002

ISBN: 9781475565355

Keywords: Sub-Saharan Africa, Standby Credit Facility, Staff Reports, Rwanda, Monetary policy, Policy Support Instrument, Press releases, Letters of Intent, Inflation targeting, Current account balances

This paper discusses Rwanda's First Review of the Standby Credit Facility (SCF) Arrangement and Sixth Review Under the Policy Support Instrument (PSI), Request for Waiver and Modification of Performance and Assessm...

Senegal
			: Selected Issues

Senegal : Selected Issues »

Volume/Issue: 2017/2

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 2017

DOI: http://dx.doi.org/10.5089/9781475564266.002

ISBN: 9781475564266

Keywords: Staff Reports, Western Hemisphere, Hydrocarbons, Monetary policy, Press releases, Bolivia, Banking sector, Article IV consultations, Commodity price fluctuations, Debt sustainability analysis

This Selected Issues paper offers policy recommendations for Senegal to reach high and sustained growth with the goal of exiting low-income country status. For Senegal to reach Plan Sénégal Emergent (PSE) objective...

The Federal Democratic Republic of Ethiopia
			: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

The Federal Democratic Republic of Ethiopia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia »

Volume/Issue: 2016/322

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2016

DOI: http://dx.doi.org/10.5089/9781475543643.002

ISBN: 9781475543643

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Current account deficits, Resource mobilization, Exports, Manufacturing sector, Fiscal reforms, Monetary policy, Exchange rate assessments

This 2016 Article IV Consultation highlights that Ethiopia's macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estim...

4. Insights from the Experience of South Africa

4. Insights from the Experience of South Africa »

Source: South Africa: Macro Policy Mix and Its Effects on Growth and the Real Exchange Rate--Empirical Evidence and GIMF Simulations

Series: Departmental Papers / Policy Papers

Author(s): Jorge Canales Kriljenko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 August 2011

ISBN: 9781475510157

Keywords: Economic models, Economic growth, Real effective exchange rates, Reserves accumulation

How would a change in the policy mix affect South Africa? Although the cross-country experience and theoretical simulations provide useful context, the question can only be answered properly by exploring the...

IV. Exchange Rate Assessment

IV. Exchange Rate Assessment »

Source: Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Chikako Baba , and Borislava Mircheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2011

ISBN: 9781475510164

Keywords: Exchange rate assessments, External debt, Financial sector, Debt sustainability, Bank supervision, Public debt, Reserves adequacy

As mentioned in Box 1, the lilangeni is pegged to the South African rand at parity under the Common Monetary Area (CMA) agreement. By law, both the lilangeni and the rand are legal tender in Swaziland. Asses...

Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland »

Source: Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

Volume: 11

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Chikako Baba , and Borislava Mircheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2011

ISBN: 9781475510164

Keywords: Exchange rate assessments, External debt, Financial sector, Debt sustainability, Bank supervision, Public debt, Reserves adequacy

Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of publ...

Back Matter

Back Matter »

Source: Macroeconomic Vulnerabilities Stemming from the Global Economic Crisis: The Case of Swaziland

Series: Departmental Papers / Policy Papers

Author(s): Olivier Basdevant , Chikako Baba , and Borislava Mircheva

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2011

ISBN: 9781475510164

Keywords: Exchange rate assessments, External debt, Financial sector, Debt sustainability, Bank supervision, Public debt, Reserves adequacy

Swaziland has faced a significant fiscal crisis since 2010, in the wake of loss of transfers from the Southern African Customs Union (SACU). The fiscal crisis has led to increasing vulnerabilities, not only of publ...

Monetary Strategies for CESEE Economies

Monetary Strategies for CESEE Economies »

Source: Taking Stock of Monetary and Exchange Rate Regimes in Emerging Europe

Volume/Issue: 2016/12

Series: Departmental Papers / Policy Papers

Author(s): Nazim Belhocine , Ernesto Crivelli , Nan Geng , Tiberiu Scutaru , Johannes Wiegand , and Zaijin Zhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 November 2016

ISBN: 9781475556629

Keywords: Emerging markets, Flexible exchange rates, Exchange rate regimes, Cross country analysis, Central and Eastern Europe, Transition economies, Monetary policy, exchange rates

This section turns to strategic policy options for CESEE economies. It is neither prescriptive nor exhaustive, not least because the choice of a monetary and exchange rate regime is a sovereign...

Morocco: Selected Issues

Morocco: Selected Issues »

Source: Morocco : Selected Issues

Volume/Issue: 2017/65

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2017

ISBN: 9781475583519

Keywords: Women, Selected Issues Papers, Morocco, Real effective exchange rates, Supply, Income distribution, Labor markets, Middle East, Credit expansion, Demand

This Selected Issues paper quantifies the effect of gender inequality in Morocco on growth, compared with groups of faster growing countries. The results highlight the effect of closing the overall gender gap, whic...