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You are looking at 1 - 10 of 17 items for :

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Cover IMF Staff Country Reports
Kingdom of the Netherlands: Aruba: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands -Aruba
International Monetary Fund
Aruba is one of the most developed islands in the Caribbean. Still, it is vulnerable to external shocks owing to its heavy dependence on tourism and a steady increase in public debt. Policies to support further fiscal consolidation and boost Aruba’s growth potential are needed. Maintaining macroeconomic stability will require fiscal adjustment and an appropriately tight monetary policy. Bolstering the growth potential will require creating the right conditions for private investment and diversification. The financial system is generally sound, but warrants continued supervisory vigilance.
Keywords:
ISCR; CR; economy; GDP; real GDP; inflation expectation; ceiling; Aruban economy; island economy; exchange rate; Aruba well; U.S. dollar; monetary policy; statistical base; Imports; Current account; Commercial banks; Caribbean
Cover IMF Staff Country Reports
Union of the Comoros: Statistical Appendix
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Keywords:
ISCR; CR; central bank; retail price; unit value; staff estimate; bank financing; net statement; import value; Imports; Arrears; Exports; Tariffs; Africa
Cover IMF Staff Country Reports
Iceland: Staff Report for the 2003 Article IV Consultation
International Monetary Fund
Rapid growth during the second half of the 1990s led to overheating and the emergence of financial vulnerabilities by the end of the decade. Over the medium term, investment projects will impart a significant impetus to economic activity, and output will grow for some years above its long-term trend pace. There are, however, significant upside risks to this medium-term central scenario. Executive Directors supported the authorities' view that macroeconomic policies would have to remain restrictive to counteract the expected demand pressures over the medium term.
Keywords:
ISCR; CR; exchange rate; foreign currency; investment; debt; investment boom; privatization program; investment project; Treasury budget; debt ratio; private sector; inflation-targeting monetary policy framework; net government debt; Current account deficits; Imports; Income; Exports; Global
Cover IMF Staff Country Reports
Vanuatu: Recent Economic Developments
International Monetary Fund
Vanuatu has maintained macroeconomic stability, but real GDP growth slowed despite the receipt of considerable foreign assistance and the implementation of structural reforms under the Comprehensive Reform Program (CRP). A sharp increase in liquidity, a consequent bulge in consumption, and a rise in imports have affected Vanuatu's recent economic performance. Inflation, as measured by the consumer price index for the main urban centers, has remained moderate in recent years. The paper also discusses prices and population, financial sector, and external sector developments of Vanuatu.
Keywords:
ISCR; CR; broad money; balance of payments; private sector; capital expenditure; debt service; U.S. dollar; real GDP; reserve bank of Vanuatu; Vanuatu government; foreign direct investment; exchange rate; Commercial banks; Imports; Exports; Currencies; Pacific Islands
Cover IMF Staff Country Reports
Guinea: Statistical Appendix
International Monetary Fund
The statistical data on gross domestic product, consumer price index, financial operations of the central government, central government revenue and expenditure, monetary survey, summary accounts of the central bank, summary accounts of deposit money banks, sectoral distribution of credit, quarterly distribution of credit by sector and maturity, and structure of interest rates of Guinea are presented in this paper. The data on balance of payments, composition of merchandise exports, direction of trade, external public debt, and related economic indices are also presented.
Keywords:
ISCR; CR; rate; current account; estimate; Guinea; GNFS-GDP ratio; long-term debt; Compagnie bauxite de Guinée; central bank refinancing; Exports-GDP ratio; import-GDP ratio; Exports; Imports; Current spending; Middle East; Western Hemisphere
Cover IMF Staff Country Reports
Albania: Staff Report for the 1999 Article IV Consultation, Request for the Second Annual Arrangement Under the Enhanced Structural Adjustment Facility, and Request for Augmentation
International Monetary Fund
This paper reviews Albania’s 1999 Article IV Consultation, Request for the Second Annual Arrangement Under the Enhanced Structural Adjustment Facility, and a Request for Augmentation. Inflation fell to 2 percent in March 1999. The return to growth and low inflation reflected the government's adherence to strong fiscal consolidation efforts. The domestically financed component of the deficit was reduced to 6.4 percent of GDP in 1998 from 10.8 percent of GDP in 1997. The external current account deficit also fell sharply from 12 percent of GDP in 1997 to 6 percent of GDP.
Keywords:
ISCR; CR; government; authorities endeavor; pyramid scheme; enterprise; Kosovo crisis; authorities' plan; crisis need; Privatization; Imports; Monetary base; Europe
Cover IMF Staff Country Reports
Armenia: Recent Economic Developments
International Monetary Fund
This paper describes economic developments in the Republic of Armenia during 1990s. The lagged effects of the more expansionary stance of late 1996, combined with real shocks in early 1997, especially poor weather, and a loss in the momentum in structural reform, particularly privatization, led to a slowdown in growth to about 3 percent during the first nine months of 1997 compared with the same period in 1996. Inflation, measured by the 12-month increase in consumer prices, rose to 23 percent by end-September 1997 from 16½ percent a year earlier.
Keywords:
ISCR; CR; exchange rate; broad money; debt service; Armenian authorities; capital expenditure; excise tax; privatization program; drinking water company; telecommunication enterprise; banking system; enterprise profits; Treasury bills and bonds; Exports; Imports; Baltics; IMF UR; interest rates development; commodity composition; government of the Republic of Armenia
Cover IMF Staff Country Reports
Comoros: Statistical Annex
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Keywords:
ISCR; CR; tax; central bank; value; unit value; advance tax payment; retail price; tax proceeds; net statement; Comorian ports establishment; Imports; Exports; Agricultural commodities; Tariffs; Africa; government financial operations; IMF UR; summary statement; cost structure
Cover IMF Staff Country Reports
Ukraine: Recent Economic Developments
International Monetary Fund
This paper describes economic developments in Ukraine during the 1990s. In 1996, Ukraine achieved a measure of macroeconomic stability for the first time since gaining independence. Inflation, which at times had bordered on hyperinflation, fell to an average monthly rate of 2.8 percent and, except in months with major administered price changes, remained low throughout the year. This trend continued in 1997, when inflation averaged less than 1 percent a month during the first half of the year.
Keywords:
ISCR; CR; U.S. dollar; exchange rate; broad money; first quarter; real GDP; Currencies; Exports; Imports; Arrears; Pension spending; Western Europe