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Assessing Fiscal Space: an Update and Stocktaking

Assessing Fiscal Space: an Update and Stocktaking »

Source: Assessing Fiscal Space : An Update and Stocktaking

Volume/Issue: 2018/033

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2018

ISBN: 9781498309042

Keywords: Fiscal space, Debt sustainability, Fiscal policy, Monetary policy, Fiscal rules, commodity producer, country-specific, market access, bottom-line, conjuncture

This paper reviews the experience with the fiscal space assessment framework that was piloted during 2017-18. In 2016, staff proposed an operational definition of fiscal space and a new four-stage framework for its...

Colombia: Review Under the Flexible Credit Line Arrangement—Press Release and Staff Report

Colombia: Review Under the Flexible Credit Line Arrangement—Press Release and Staff Report »

Source: Colombia : Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report

Volume/Issue: 2019/141

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2019

ISBN: 9781498316309

Keywords: Flexible exchange rates, Economic recovery, Fiscal policy, Lines of credit, Monetary policy, FCL, policy framework, percent of GDP, flexible exchange rate, deflator

Colombia's recovery is gaining momentum on the back of strong domestic demand, with a wider current account deficit. As a key external shock, migration flows from Venezuela accelerated in 2018 and by end-December 1...

Costa Rica: 2019 Articlet IV Consultation—Press Release; Stafft Report; and Statement by the Executive Director for Costa Rica

Costa Rica: 2019 Articlet IV Consultation—Press Release; Stafft Report; and Statement by the Executive Director for Costa Rica »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

Costa Rica: Staff Report for the 2019 Article IV Consultation—Informational Annex

Costa Rica: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Costa Rica : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Costa Rica

Volume/Issue: 2019/101

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 April 2019

ISBN: 9781498310826

Keywords: External sector, Central banks, Fiscal policy, Credit, Monetary policy, fiscal reform, unhedged, percent, percent of GDP, WEO

Costa Rica has made great strides converging towards OECD living standards, but significant vulnerabilities persist, mainly from the weak fiscal position and sizable FX lending to unhedged borrowers. Growth slowed...

Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock* Gains from Anchoring Inflation Expectations:
Evidence from the Taper Tantrum Shock*

Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock* Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock* »

Source: Gains from Anchoring Inflation Expectations: Evidence from the Taper Tantrum Shock

Volume/Issue: 2019/75

Series: IMF Working Papers

Author(s): Rudolfs Bems , Francesca Caselli , Francesco Grigoli , and Bertrand Gruss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 March 2019

ISBN: 9781498302777

Keywords: Exchange rate pass-through, Consumer price indexes, Inflation expectations, Capital outflows, Monetary policy, Taper Tantrum, Exchange Rate Pass-Through., inflation expectation, tantrum, pass-through

Many argue that improvements in monetary policy frameworks in emerging market economies over the past few decades, have made them more resilient to external shocks. This paper exploits the May 2013 taper tantrum in...

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Debt Sustainability Analysis

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Debt Sustainability Analysis »

Source: Ghana : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ghana

Volume/Issue: 2019/97

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2019

ISBN: 9781498306638

Keywords: Credit, Revenue mobilization, Fiscal risk, Debt sustainability, Monetary policy, primary balance, SOEs, Proj, percent of GDP, excl

These are the last two reviews of Ghana's Extended Credit Facility arrangement, approved by the Executive Board on April 3, 2015. The ECF-supported program was extended by one year on August 30, 2017, to end on Apr...

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Press Release; Staff Report; And Statement by the Executive Director for Ghana

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Press Release; Staff Report; And Statement by the Executive Director for Ghana »

Source: Ghana : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ghana

Volume/Issue: 2019/97

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2019

ISBN: 9781498306638

Keywords: Credit, Revenue mobilization, Fiscal risk, Debt sustainability, Monetary policy, primary balance, SOEs, Proj, percent of GDP, excl

These are the last two reviews of Ghana's Extended Credit Facility arrangement, approved by the Executive Board on April 3, 2015. The ECF-supported program was extended by one year on August 30, 2017, to end on Apr...

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Supplementary Information

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Supplementary Information »

Source: Ghana : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ghana

Volume/Issue: 2019/97

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2019

ISBN: 9781498306638

Keywords: Credit, Revenue mobilization, Fiscal risk, Debt sustainability, Monetary policy, primary balance, SOEs, Proj, percent of GDP, excl

These are the last two reviews of Ghana's Extended Credit Facility arrangement, approved by the Executive Board on April 3, 2015. The ECF-supported program was extended by one year on August 30, 2017, to end on Apr...

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Supplementary Information

Ghana: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Supplementary Information »

Source: Ghana : Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ghana

Volume/Issue: 2019/97

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2019

ISBN: 9781498306638

Keywords: Credit, Revenue mobilization, Fiscal risk, Debt sustainability, Monetary policy, primary balance, SOEs, Proj, percent of GDP, excl

These are the last two reviews of Ghana's Extended Credit Facility arrangement, approved by the Executive Board on April 3, 2015. The ECF-supported program was extended by one year on August 30, 2017, to end on Apr...

IMF Board Takes Stock of Work on Fiscal Space

IMF Board Takes Stock of Work on Fiscal Space »

Source: Assessing Fiscal Space : An Update and Stocktaking

Volume/Issue: 2018/033

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 2018

ISBN: 9781498309042

Keywords: Fiscal space, Debt sustainability, Fiscal policy, Monetary policy, Fiscal rules, commodity producer, country-specific, market access, bottom-line, conjuncture

This paper reviews the experience with the fiscal space assessment framework that was piloted during 2017-18. In 2016, staff proposed an operational definition of fiscal space and a new four-stage framework for its...