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IMF Executive Board Approves US$2.7 billion Precautionary and Liquidity Line for Panama to Address COVID-19 Pandemic

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IMF Executive Board Approves US$2.7 billion Precautionary and Liquidity Line for Panama to Address COVID-19 Pandemic »

Source: Panama : Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

Volume/Issue: 2021/030

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2021

ISBN: 9781513568294

Keywords: Public debt, External debt, COVID-19 , Credit, Debt service, ISCR, CR, Executive Board discussion, Panama's request, market confidence

While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based ec...

Panama
			: Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

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Panama : Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama »

Volume/Issue: 2021/030

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2021

DOI: http://dx.doi.org/10.5089/9781513568294.002

ISBN: 9781513568294

Keywords: Public debt, External debt, COVID-19 , Credit, Debt service, ISCR, CR, Executive Board discussion, Panama's request, market confidence

While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based ec...

Panama: Assessment of the Risks to the Fund and the Fund’s Liquidity Position

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Panama: Assessment of the Risks to the Fund and the Fund’s Liquidity Position »

Source: Panama : Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

Volume/Issue: 2021/030

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2021

ISBN: 9781513568294

Keywords: Public debt, External debt, COVID-19 , Credit, Debt service, ISCR, CR, Executive Board discussion, Panama's request, market confidence

While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based ec...

Panama: Request for an Arrangement Under the Precautionary and Liquidity Line—Press Release; Staff Report; and Statement by the Executive Director for Panama

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Panama: Request for an Arrangement Under the Precautionary and Liquidity Line—Press Release; Staff Report; and Statement by the Executive Director for Panama »

Source: Panama : Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

Volume/Issue: 2021/030

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2021

ISBN: 9781513568294

Keywords: Public debt, External debt, COVID-19 , Credit, Debt service, ISCR, CR, Executive Board discussion, Panama's request, market confidence

While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based ec...

Statement by Mr. Bevilaqua, Executive Director for Panama, Mr. Fuentes, Alternate Executive Director for Panama, and Mr. Maciá, Advisor to the Executive Director for Panama January 19, 2020

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Statement by Mr. Bevilaqua, Executive Director for Panama, Mr. Fuentes, Alternate Executive Director for Panama, and Mr. Maciá, Advisor to the Executive Director for Panama January 19, 2020 »

Source: Panama : Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

Volume/Issue: 2021/030

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2021

ISBN: 9781513568294

Keywords: Public debt, External debt, COVID-19 , Credit, Debt service, ISCR, CR, Executive Board discussion, Panama's request, market confidence

While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based ec...

Guinea-Bissau
			: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau

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Guinea-Bissau : Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau »

Volume/Issue: 2021/029

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

Language: Portuguese

DOI: http://dx.doi.org/10.5089/9781513569062.002

ISBN: 9781513569062

Guinea Bissau is a fragile state with a long history of political instability. Poverty is high with about 67 percent of the population living below the poverty line of US$1.90 per day. The economy relies heavily on...

Guinea-Bissau: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau

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Guinea-Bissau: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau »

Source: Guinea-Bissau : Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau

Volume/Issue: 2021/029

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 2021

Language: Portuguese

ISBN: 9781513569062

Guinea Bissau is a fragile state with a long history of political instability. Poverty is high with about 67 percent of the population living below the poverty line of US$1.90 per day. The economy relies heavily on...

IMF Executive Board Concludes 2020 Article IV Consultation with the Russian Federation

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IMF Executive Board Concludes 2020 Article IV Consultation with the Russian Federation »

Source: Russian Federation : 2020 Article IV Consultation-Press Release; Staff Report

Volume/Issue: 2021/036

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2021

ISBN: 9781513568751

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...

Russian Federation
			: 2020 Article IV Consultation-Press Release; Staff Report

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Russian Federation : 2020 Article IV Consultation-Press Release; Staff Report »

Volume/Issue: 2021/036

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2021

DOI: http://dx.doi.org/10.5089/9781513568751.002

ISBN: 9781513568751

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...

Russian Federation: 2020 Article IV Consultation—Press Release; Staff Report

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Russian Federation: 2020 Article IV Consultation—Press Release; Staff Report »

Source: Russian Federation : 2020 Article IV Consultation-Press Release; Staff Report

Volume/Issue: 2021/036

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2021

ISBN: 9781513568751

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...

Russian Federation: Staff Report for the 2020 Article IV Consultation—Informational Annex

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Russian Federation: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Russian Federation : 2020 Article IV Consultation-Press Release; Staff Report

Volume/Issue: 2021/036

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2021

ISBN: 9781513568751

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...

Russian Federation: Staff Report for the 2020 Article IV Consultation–Supplementary Information

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Russian Federation: Staff Report for the 2020 Article IV Consultation–Supplementary Information »

Source: Russian Federation : 2020 Article IV Consultation-Press Release; Staff Report

Volume/Issue: 2021/036

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2021

ISBN: 9781513568751

Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...

IMF Executive Board 2020 Article IV Consultation with the Republic of Poland

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IMF Executive Board 2020 Article IV Consultation with the Republic of Poland »

Source: Republic of Poland : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Volume/Issue: 2021/035

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568577

After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...

Nigeria
			: Selected Issues

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Nigeria : Selected Issues »

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

DOI: http://dx.doi.org/10.5089/9781513568461.002

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Republic of Poland
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

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Republic of Poland : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland »

Volume/Issue: 2021/035

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

DOI: http://dx.doi.org/10.5089/9781513568577.002

ISBN: 9781513568577

After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...

Nigeria: Selected Issues

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Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

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Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

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Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Nigeria: Selected Issues

New
Nigeria: Selected Issues »

Source: Nigeria : Selected Issues

Volume/Issue: 2021/034

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568461

Keywords: Oil prices, Currencies, Health care spending, Debt sustainability, Services sector, ISCR, CR, revenue administration authority, CBN's interest rate reference, reinvigorating revenue administration

Selected Issues...

Republic of Poland: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

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Republic of Poland: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland »

Source: Republic of Poland : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Volume/Issue: 2021/035

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568577

After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...

Republic of Poland: Staff Report for the 2020 Article IV Consultation—Informational Annex

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Republic of Poland: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Republic of Poland : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Volume/Issue: 2021/035

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568577

After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...

Statement by Mr. Piotr Trabinski, Executive Director, and Mr. Bartosz Piasecki, Advisor to the Executive Director February 3, 2021

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Statement by Mr. Piotr Trabinski, Executive Director, and Mr. Bartosz Piasecki, Advisor to the Executive Director February 3, 2021 »

Source: Republic of Poland : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Volume/Issue: 2021/035

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2021

ISBN: 9781513568577

After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...

IMF Executive Board Reviews IMF Debt Sustainability Framework for Market Access Countries

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IMF Executive Board Reviews IMF Debt Sustainability Framework for Market Access Countries »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

Review of The Debt Sustainability Framework For Market Access Countries

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Review of The Debt Sustainability Framework For Market Access Countries »

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

DOI: http://dx.doi.org/10.5089/9781513568324.007

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

IMF Policy Paper: Review of the Debt Sustainability Framework for Market Access Countries

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IMF Policy Paper: Review of the Debt Sustainability Framework for Market Access Countries »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

Review of the Debt Sustainability Framework for Market Access Countries—Annexes

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Review of the Debt Sustainability Framework for Market Access Countries—Annexes »

Source: Review of The Debt Sustainability Framework For Market Access Countries

Volume/Issue: 2021/003

Series: Policy Papers

Author(s): International Monetary Fund. Strategy, Policy, & Review Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 2021

ISBN: 9781513568324

A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...

Fiscal Dominance in Sub-Saharan Africa Revisited

Fiscal Dominance in Sub-Saharan Africa Revisited »

Source: Fiscal Dominance in Sub-Saharan Africa Revisited

Volume/Issue: 2021/017

Series: IMF Working Papers

Author(s): John Hooley , Lam Nguyen , Mika Saito , and Shirin Nikaein Towfighian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

ISBN: 9781513567747

Keywords: Bank credit, Legal support in revenue administration, Government debt management, Government debt planning, Loans, Inflation, monetary policy, central bank, fiscal policy, fiscal dominance

This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroe...

Fiscal Dominance in Sub-Saharan Africa Revisited

Fiscal Dominance in Sub-Saharan Africa Revisited »

Volume/Issue: 2021/017

Series: IMF Working Papers

Author(s): John Hooley , Lam Nguyen , Mika Saito , and Shirin Nikaein Towfighian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 January 2021

DOI: http://dx.doi.org/10.5089/9781513567747.001

ISBN: 9781513567747

Keywords: Bank credit, Legal support in revenue administration, Government debt management, Government debt planning, Loans, Inflation, monetary policy, central bank, fiscal policy, fiscal dominance

This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroe...

IMF Executive Board Approves a SDR 258.4 Million Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument to Myanmar to Address the COVID-19 Pandemic

IMF Executive Board Approves a SDR 258.4 Million Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument to Myanmar to Address the COVID-19 Pandemic »

Source: Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Volume/Issue: 2021/023

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2021

ISBN: 9781513567587

Keywords: Rapid Credit Facility, Public debt, External debt, COVID-19 , Monetary base, Currencies, ISCR, CR, IMF emergency financing, IMF emergency assistance

With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The...

Myanmar
			: Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar »

Volume/Issue: 2021/023

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2021

DOI: http://dx.doi.org/10.5089/9781513567587.002

ISBN: 9781513567587

Keywords: Rapid Credit Facility, Public debt, External debt, COVID-19 , Monetary base, Currencies, ISCR, CR, IMF emergency financing, IMF emergency assistance

With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The...

Myanmar: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Debt Sustainability Analysis1

Myanmar: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Debt Sustainability Analysis1 »

Source: Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Volume/Issue: 2021/023

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2021

ISBN: 9781513567587

Keywords: Rapid Credit Facility, Public debt, External debt, COVID-19 , Monetary base, Currencies, ISCR, CR, IMF emergency financing, IMF emergency assistance

With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The...

Myanmar: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Myanmar: Requests for Disbursement under the Rapid Credit Facility and Purchase under the Rapid Financing Instrument—Press Release; Staff Report; and Statement by the Executive Director for Myanmar »

Source: Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Volume/Issue: 2021/023

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2021

ISBN: 9781513567587

Keywords: Rapid Credit Facility, Public debt, External debt, COVID-19 , Monetary base, Currencies, ISCR, CR, IMF emergency financing, IMF emergency assistance

With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The...

Statement by Alisara Mahasandana, Executive Director for Myanmar; and Min Han Soe, Advisor to Executive Director January 12, 2021

Statement by Alisara Mahasandana, Executive Director for Myanmar; and Min Han Soe, Advisor to Executive Director January 12, 2021 »

Source: Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar

Volume/Issue: 2021/023

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 January 2021

ISBN: 9781513567587

Keywords: Rapid Credit Facility, Public debt, External debt, COVID-19 , Monetary base, Currencies, ISCR, CR, IMF emergency financing, IMF emergency assistance

With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The...

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre du Mecanisme Elargi de Credit, Demande de Derogations Pour Inobservation de Criteres de Realisation et Proposition de Suivi Postprogramme — Analyse de Viabilité de la Dette

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre du Mecanisme Elargi de Credit, Demande de Derogations Pour Inobservation de Criteres de Realisation et Proposition de Suivi Postprogramme — Analyse de Viabilité de la Dette »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Côte D’Ivoire: Septième et Huitième Revues de L’accord au Titre de la Facilité Élargie de Crédit et de L’Accord Élargi au Titre du Mécanisme Élargi de Crédit, Demande de Dérogations Pour Non-observation de Critères de Réalisation et Proposition de Suivi Postprogramme

Côte D’Ivoire: Septième et Huitième Revues de L’accord au Titre de la Facilité Élargie de Crédit et de L’Accord Élargi au Titre du Mécanisme Élargi de Crédit, Demande de Dérogations Pour Non-observation de Critères de Réalisation et Proposition de Suivi Postprogramme »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre Du Mecanisme Elargi de Credit, Demande de Derogations Pour Non-Observation de Criteres de Realisation et Proposition de Suivi Postprogramme — Informations Supplémentaires

Côte D’Ivoire: Septieme et Huitieme Revues de L’Accord au Titre de la Facilite Elargie de Credit et de L’Accord Elargi au Titre Du Mecanisme Elargi de Credit, Demande de Derogations Pour Non-Observation de Criteres de Realisation et Proposition de Suivi Postprogramme — Informations Supplémentaires »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Déclaration de M. Aivo Andrianarivelo, administrateur pour la Côte d’Ivoire, et de M. Marcellin Koffi Alle, conseiller principal de l’administrateur 9 décembre 2020

Déclaration de M. Aivo Andrianarivelo, administrateur pour la Côte d’Ivoire, et de M. Marcellin Koffi Alle, conseiller principal de l’administrateur 9 décembre 2020 »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Cote d'Ivoire
			: Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire »

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

DOI: http://dx.doi.org/10.5089/9781513567945.002

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Le Conseil d’administration du FMI achève les dernières revues des accords de la facilité élargie de crédit et du mécanisme élargi de crédit en faveur de la Côte d’lvoire

Le Conseil d’administration du FMI achève les dernières revues des accords de la facilité élargie de crédit et du mécanisme élargi de crédit en faveur de la Côte d’lvoire »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 January 2021

Language: French

ISBN: 9781513567945

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...

Central African Economic and Monetary Community: Staff Report on the Common Policies in Support of Member Countries Reform Programs—Press Release; Staff Report; and Statement by the Executive Director the Central African Economic and Monetary Community

Central African Economic and Monetary Community: Staff Report on the Common Policies in Support of Member Countries Reform Programs—Press Release; Staff Report; and Statement by the Executive Director the Central African Economic and Monetary Community »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Central African Economic and Monetary Community: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs—Informational Annex

Central African Economic and Monetary Community: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs—Informational Annex »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Déclaration de M. Andrianarivelo, M. Sylla, Mme Boukpessi et M. Carvalho da Silveira sur la Guinée Réunion du conseil d’administration 9 décembre 2020

Déclaration de M. Andrianarivelo, M. Sylla, Mme Boukpessi et M. Carvalho da Silveira sur la Guinée Réunion du conseil d’administration 9 décembre 2020 »

Source: Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Examen des Assurances de Financement et Demande de Dérogations Pour Non-observation de Critères de Réalisation — Communiqué de Presse, Rapport des Services du FMI, Analyse de Viabilité de la Dette, Supplément des Services du FMI Et Déclaration de L’administrateur Pour la Guinée

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Examen des Assurances de Financement et Demande de Dérogations Pour Non-observation de Critères de Réalisation — Communiqué de Presse, Rapport des Services du FMI, Analyse de Viabilité de la Dette, Supplément des Services du FMI Et Déclaration de L’administrateur Pour la Guinée »

Source: Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Revue des Assurances de Financement et Demande de Dérogations Pour Non-observation de Critères de Réalisation — Informations Supplémentaires, Proposition de Décision Révisée et Lettre D’information Supplémentaire

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Revue des Assurances de Financement et Demande de Dérogations Pour Non-observation de Critères de Réalisation — Informations Supplémentaires, Proposition de Décision Révisée et Lettre D’information Supplémentaire »

Source: Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Revue des Assurances de Financement et Demande de Dérogations Pour Non-observation des Critères de Réalisation — Analyse de Viabilité de la Dette

Guinée: Cinquième et Sixième Revues de L’accord au Titre de la Facilité Élargie de Crédit, Revue des Assurances de Financement et Demande de Dérogations Pour Non-observation des Critères de Réalisation — Analyse de Viabilité de la Dette »

Source: Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies, and Common Policies in Support of Member Countries Reform Programs

IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies, and Common Policies in Support of Member Countries Reform Programs »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Central African Economic and Monetary Community (CEMAC)
			: Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community »

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

DOI: http://dx.doi.org/10.5089/9781513567136.002

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

Guinea
			: Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea »

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

DOI: http://dx.doi.org/10.5089/9781513567174.002

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk through International Trade and Supply Chain

We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk through International Trade and Supply Chain »

Volume/Issue: 2021/013

Series: IMF Working Papers

Author(s): Alan Feng , and Haishi Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

DOI: http://dx.doi.org/10.5089/9781513564586.001

ISBN: 9781513564586

Keywords: Climate change, Stock markets, Foreign currency exposure, Financial sector, Natural disasters, climate risk, financial spillover, supply chain, financial stability, WP

Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our...

Le conseil d’administration du FMI achève les cinquième et sixième revues de l’accord au titre de la facilité élargie de crédit et approuve un décaissement de 49 millions de dollars en faveur de la Guinée

Le conseil d’administration du FMI achève les cinquième et sixième revues de l’accord au titre de la facilité élargie de crédit et approuve un décaissement de 49 millions de dollars en faveur de la Guinée »

Source: Guinea : Fifth and Sixth Reviews Under the Extended Credit Facility Arrangement, Financing Assurances Review, and Request for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Volume/Issue: 2020/316

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

Language: French

ISBN: 9781513567174

Keywords: Public debt, External debt, Revenue administration, Debt relief, Expenditure, ISCR, CR, Guinean authorities, asset declaration form, asset declaration regime

Real growth is expected to reach 5.2 percent in 2020 as the severe impact of the pandemic in the country was partially mitigated by a resilient mining sector. Presidential elections were held on October 18, giving...

Statement by Mr. Aivo Andrianarivelo, Executive Director for the Central African Economic and Monetary Community (CEMAC), Mr. Regis N’Sonde, Alternative Executive Director, and Mr. Thierry Nguema-Affane, Senior Advisor to the Executive Director January 12, 2021

Statement by Mr. Aivo Andrianarivelo, Executive Director for the Central African Economic and Monetary Community (CEMAC), Mr. Regis N’Sonde, Alternative Executive Director, and Mr. Thierry Nguema-Affane, Senior Advisor to the Executive Director January 12, 2021 »

Source: Central African Economic and Monetary Community (CEMAC) : Staff Report on the Common Policies of Member Countries, and Common Policies in Support of Member Countries Reform Programs-Press Release; Staff Report; and Statement by the Executive Director for the Central African Economic and Monetary Community

Volume/Issue: 2021/021

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513567136

Keywords: COVID-19 , Fiscal stance, Oil prices, Credit, Public debt, ISCR, CR, CEMAC authorities, CEMAC government, BEAC's monetary policy stance

The economic shock associated with the COVID-19 pandemic is set to have long-lasting effects on the economic outlook for CEMAC. The pandemic itself seems to be now broadly under control in the region, and the polic...

We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk through International Trade and Supply Chain

We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk through International Trade and Supply Chain »

Source: We Are All in the Same Boat: Cross-Border Spillovers of Climate Risk through International Trade and Supply Chain

Volume/Issue: 2021/013

Series: IMF Working Papers

Author(s): Alan Feng , and Haishi Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2021

ISBN: 9781513564586

Keywords: Climate change, Stock markets, Foreign currency exposure, Financial sector, Natural disasters, climate risk, financial spillover, supply chain, financial stability, WP

Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our...

People's Republic of China
			: Selected Issues

People's Republic of China : Selected Issues »

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566528.002

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Revisiting the Stabilization Role of Public Banks: Public Debt Matters »

Volume/Issue: 2021/007

Series: IMF Working Papers

Author(s): H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

DOI: http://dx.doi.org/10.5089/9781513566788.001

ISBN: 9781513566788

Keywords: State-owned banks, Bank credit, Public debt, Loans, Global financial crisis of 2008-2009, Public banks, countercyclical lending, economic stabilization, high public debt, WP

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the priv...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People’s Republic of China: Selected Issues

People’s Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566528

Keywords: Bank credit, Central bank policy rate, Yield curve, Deposit rates, Credit, ISCR, CR, monetary policy shock, guidance policy, productivity gap

Selected Issues...

People's Republic of China
			: Selected Issues

People's Republic of China : Selected Issues »

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

Language: Chinese

DOI: http://dx.doi.org/10.5089/9781513566610.002

ISBN: 9781513566610

Selected Issues...

People's Republic of China: Selected Issues

People's Republic of China: Selected Issues »

Source: People's Republic of China : Selected Issues

Volume/Issue: 2021/012

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

Language: Chinese

ISBN: 9781513566610

Selected Issues...

Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Revisiting the Stabilization Role of Public Banks: Public Debt Matters »

Source: Revisiting the Stabilization Role of Public Banks: Public Debt Matters

Volume/Issue: 2021/007

Series: IMF Working Papers

Author(s): H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566788

Keywords: State-owned banks, Bank credit, Public debt, Loans, Global financial crisis of 2008-2009, Public banks, countercyclical lending, economic stabilization, high public debt, WP

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the priv...

Statement by the Managing Director on the Work Program of the Executive Board  Executive Board Meeting: December 10, 2020

Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: December 10, 2020 »

Volume/Issue: 2021/001

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2021

DOI: http://dx.doi.org/10.5089/9781513566542.007

ISBN: 9781513566542

As the COVID-19 crisis continues to unfold, uncertainty remains exceptionally high. The Fund has provided extraordinary financial support as well as timely analysis and policy advice during the first phase of the c...

Statement by the Managing Director on the Work Program of the Executive Board  Executive Board Meeting: December 10, 2020

Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: December 10, 2020 »

Source: Statement by the Managing Director on the Work Program of the Executive Board Executive Board Meeting: December 10, 2020

Volume/Issue: 2021/001

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2021

ISBN: 9781513566542

As the COVID-19 crisis continues to unfold, uncertainty remains exceptionally high. The Fund has provided extraordinary financial support as well as timely analysis and policy advice during the first phase of the c...

IMF Executive Board Completes the First and Second Review under the Extended Credit Facility for Liberia, and Approves US$48.86 Million Disbursement

IMF Executive Board Completes the First and Second Review under the Extended Credit Facility for Liberia, and Approves US$48.86 Million Disbursement »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

IMF Executive Board Concludes 2020 Article IV Consultation with the People’s Republic of China

IMF Executive Board Concludes 2020 Article IV Consultation with the People’s Republic of China »

Source: People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566184

Keywords: Credit, COVID-19 , Public debt, Fiscal policy, Social assistance spending, ISCR, CR, government-managed funds, core inflation, financial support

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

Liberia
			: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia »

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

DOI: http://dx.doi.org/10.5089/9781513566283.002

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

People's Republic of China
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China »

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

DOI: http://dx.doi.org/10.5089/9781513566184.002

ISBN: 9781513566184

Keywords: Credit, COVID-19 , Public debt, Fiscal policy, Social assistance spending, ISCR, CR, government-managed funds, core inflation, financial support

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

Investor Information and Bank Instability During the Euro Crisis

Investor Information and Bank Instability During the Euro Crisis »

Volume/Issue: 2021/005

Series: IMF Working Papers

Author(s): Silvia Iorgova , and Chase Ross

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

DOI: http://dx.doi.org/10.5089/9781513566412.001

ISBN: 9781513566412

Keywords: Financial crises, Credit default swap, Global financial crisis of 2008-2009, Securities, Stocks, information production, safe asset, WP, reference securities, information-production ratio

Outside of financial crises, investors have little incentive to produce private information on banks' short-term liabilities held as information-insensitive safe assets. The same does not hold true during crises. W...

Some Alternative Monetary Facts

Some Alternative Monetary Facts »

Volume/Issue: 2021/006

Series: IMF Working Papers

Author(s): Peter Stella , Manmohan Singh , and Apoorv Bhargava

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

DOI: http://dx.doi.org/10.5089/9781513566429.001

ISBN: 9781513566429

Keywords: Monetary base, Monetary aggregates, Inflation, Currencies, Demand for money, money aggregates, monetary financing, central bank balance sheet, WP, bank reserves

In this paper, we discuss the modern history of monetarism and its alternatives, as well as the changing empirical relationship of various measures of money and inflation. After demonstrating that previous naïve co...

The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses

The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses »

Volume/Issue: 2021/003

Series: IMF Working Papers

Author(s): Pragyan Deb , Sanaa Nadeem , and Shanaka Peiris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

DOI: http://dx.doi.org/10.5089/9781513566115.001

ISBN: 9781513566115

Keywords: Capital flows, Exchange rates, Central bank policy rate, Real exchange rates, Credit, Spillovers, international financial cycle, balance sheet, transmission channels, foreign exchange intervention

Asian economies are increasingly integrated to the global economy through trade and financial linkages, exposing them to the international financial cycle. This paper explores how external shocks are transmitted to...

Investor Information and Bank Instability During the Euro Crisis

Investor Information and Bank Instability During the Euro Crisis »

Source: Investor Information and Bank Instability During the Euro Crisis

Volume/Issue: 2021/005

Series: IMF Working Papers

Author(s): Silvia Iorgova , and Chase Ross

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566412

Keywords: Financial crises, Credit default swap, Global financial crisis of 2008-2009, Securities, Stocks, information production, safe asset, WP, reference securities, information-production ratio

Outside of financial crises, investors have little incentive to produce private information on banks' short-term liabilities held as information-insensitive safe assets. The same does not hold true during crises. W...

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria—Debt Sustainability Analysis

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria—Debt Sustainability Analysis »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria— Informational Annex

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria— Informational Annex »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria—Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Liberia: First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria—Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

People’s Republic of China: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the People’S Republic of China

People’s Republic of China: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the People’S Republic of China »

Source: People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566184

Keywords: Credit, COVID-19 , Public debt, Fiscal policy, Social assistance spending, ISCR, CR, government-managed funds, core inflation, financial support

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

People's Republic of China
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China »

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

Language: Chinese

DOI: http://dx.doi.org/10.5089/9781513566344.002

ISBN: 9781513566344

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

People's Republic of China: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

People's Republic of China: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China »

Source: People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

Language: Chinese

ISBN: 9781513566344

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

People’s Republic of China: Staff Report for the 2020 Article IV Consultation— Informational Annex

People’s Republic of China: Staff Report for the 2020 Article IV Consultation— Informational Annex »

Source: People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566184

Keywords: Credit, COVID-19 , Public debt, Fiscal policy, Social assistance spending, ISCR, CR, government-managed funds, core inflation, financial support

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

Some Alternative Monetary Facts

Some Alternative Monetary Facts »

Source: Some Alternative Monetary Facts

Volume/Issue: 2021/006

Series: IMF Working Papers

Author(s): Peter Stella , Manmohan Singh , and Apoorv Bhargava

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566429

Keywords: Monetary base, Monetary aggregates, Inflation, Currencies, Demand for money, money aggregates, monetary financing, central bank balance sheet, WP, bank reserves

In this paper, we discuss the modern history of monetarism and its alternatives, as well as the changing empirical relationship of various measures of money and inflation. After demonstrating that previous naïve co...

Statement by Jin Zhongxia, Executive Director for People’s Republic of China, Zhengxin Zhang, Alternate Executive Director, and Yun Liu, Senior Advisor to Executive Director December 17, 2020

Statement by Jin Zhongxia, Executive Director for People’s Republic of China, Zhengxin Zhang, Alternate Executive Director, and Yun Liu, Senior Advisor to Executive Director December 17, 2020 »

Source: People's Republic of China : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People's Republic of China

Volume/Issue: 2021/006

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566184

Keywords: Credit, COVID-19 , Public debt, Fiscal policy, Social assistance spending, ISCR, CR, government-managed funds, core inflation, financial support

The Chinese economy continues its fast recovery from the health and economic crisis as a strong containment effort and macroeconomic and financial policy support have mitigated the crisis impact and helped the econ...

Statement by Ms. Ita Mannathoko, Executive Director for Liberia, and Mr. Bernard Wleh Jappah, Senior Advisor to the Executive Director December 21, 2020

Statement by Ms. Ita Mannathoko, Executive Director for Liberia, and Mr. Bernard Wleh Jappah, Senior Advisor to the Executive Director December 21, 2020 »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

Statement by the Staff Representative on Liberia December 21, 2020

Statement by the Staff Representative on Liberia December 21, 2020 »

Source: Liberia : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criteria-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Liberia

Volume/Issue: 2021/009

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566283

Keywords: Public debt, Debt sustainability analysis, External debt, Currencies, Fiscal stance, ISCR, CR, staff appraisal, staff statement, currency management plan

Restoring macroeconomic stability, providing a foundation for sustainable inclusive growth, and addressing weaknesses in governance remain the main objectives of this program. While allowing for a slight fiscal loo...

The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses

The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses »

Source: The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses

Volume/Issue: 2021/003

Series: IMF Working Papers

Author(s): Pragyan Deb , Sanaa Nadeem , and Shanaka Peiris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2021

ISBN: 9781513566115

Keywords: Capital flows, Exchange rates, Central bank policy rate, Real exchange rates, Credit, Spillovers, international financial cycle, balance sheet, transmission channels, foreign exchange intervention

Asian economies are increasingly integrated to the global economy through trade and financial linkages, exposing them to the international financial cycle. This paper explores how external shocks are transmitted to...

IMF Executive Board Concludes 2020 Article IV Consultation with Morocco

IMF Executive Board Concludes 2020 Article IV Consultation with Morocco »

Source: Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Morocco
			: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco »

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

DOI: http://dx.doi.org/10.5089/9781513565958.002

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Morocco: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Morocco

Morocco: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Morocco »

Source: Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Morocco: Staff Report for the 2020 Article IV Consultation and Proposal for Post-program Monitoring—Informational Annex

Morocco: Staff Report for the 2020 Article IV Consultation and Proposal for Post-program Monitoring—Informational Annex »

Source: Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Statement by Mr. El Qorchi on Morocco December 18, 2020

Statement by Mr. El Qorchi on Morocco December 18, 2020 »

Source: Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Statement by the Staff Representative on Morocco December 18, 2020

Statement by the Staff Representative on Morocco December 18, 2020 »

Source: Morocco : 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Morocco

Volume/Issue: 2021/002

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 January 2021

ISBN: 9781513565958

Keywords: Public debt, COVID-19 , Credit, Loans, External debt, ISCR, CR, vaccination campaign, vaccine dose, draft budget law

As in many other countries in the world, the pandemic has exerted a heavy toll on Morocco's population. Its economy has also been hit by a severe drought that affected agriculture output. The authorities' prompt re...

Ecuador: First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria— Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Ecuador: First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria— Press Release; Staff Report; and Statement by the Executive Director for Ecuador »

Source: Ecuador : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Volume/Issue: 2020/325

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2020

ISBN: 9781513565743

Keywords: Public debt, Oil, Credit, Oil prices, Fiscal stance, ISCR, CR, upside risk, EFF arrangement, procurement procedure

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ec...

IMF Executive Board Completes First Review of the Extended Fund Facility Arrangement for Ecuador

IMF Executive Board Completes First Review of the Extended Fund Facility Arrangement for Ecuador »

Source: Ecuador : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Volume/Issue: 2020/325

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2020

ISBN: 9781513565743

Keywords: Public debt, Oil, Credit, Oil prices, Fiscal stance, ISCR, CR, upside risk, EFF arrangement, procurement procedure

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ec...

Ecuador
			: First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Ecuador : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador »

Volume/Issue: 2020/325

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2020

DOI: http://dx.doi.org/10.5089/9781513565743.002

ISBN: 9781513565743

Keywords: Public debt, Oil, Credit, Oil prices, Fiscal stance, ISCR, CR, upside risk, EFF arrangement, procurement procedure

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ec...

Statement by Afonso Bevilaqua, Executive Director for Ecuador, Ricardo Velloso, Senior Advisor to Executive Director, and Francisco Rivadeneira, Advisor to Executive Director December 21, 2020

Statement by Afonso Bevilaqua, Executive Director for Ecuador, Ricardo Velloso, Senior Advisor to Executive Director, and Francisco Rivadeneira, Advisor to Executive Director December 21, 2020 »

Source: Ecuador : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Volume/Issue: 2020/325

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2020

ISBN: 9781513565743

Keywords: Public debt, Oil, Credit, Oil prices, Fiscal stance, ISCR, CR, upside risk, EFF arrangement, procurement procedure

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ec...

Statement by the Staff Representative on Ecuador Executive Board Meeting December 21, 2020

Statement by the Staff Representative on Ecuador Executive Board Meeting December 21, 2020 »

Source: Ecuador : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Quantitative Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

Volume/Issue: 2020/325

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2020

ISBN: 9781513565743

Keywords: Public debt, Oil, Credit, Oil prices, Fiscal stance, ISCR, CR, upside risk, EFF arrangement, procurement procedure

On September 30, 2020, the IMF Executive Board approved a 27-month arrangement under the Extended Fund Facility (EFF) with exceptional access (SDR 4,615 million, 661 percent of quota, about $6.5 billion) to help Ec...

Euro Area Policies: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Euro Area Policies: 2020 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Member Countries »

Source: Euro Area Policies : 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2020/324

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2020

ISBN: 9781513565668

Keywords: Labor, Inflation, Fiscal policy, Credit, Income, ISCR, CR, EU leader, recovery package, EU emission reduction goal

The COVID-19 pandemic has led to severe socio-economic dislocations and hardship. Supported by an unprecedented policy response and by the easing of lockdown measures as the infection rate moderated, the euro area...

Euro Area Policies: Staff Report for the 2020 Article IV Consultation with Member Countries—Supplementary Information

Euro Area Policies: Staff Report for the 2020 Article IV Consultation with Member Countries—Supplementary Information »

Source: Euro Area Policies : 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2020/324

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2020

ISBN: 9781513565668

Keywords: Labor, Inflation, Fiscal policy, Credit, Income, ISCR, CR, EU leader, recovery package, EU emission reduction goal

The COVID-19 pandemic has led to severe socio-economic dislocations and hardship. Supported by an unprecedented policy response and by the easing of lockdown measures as the infection rate moderated, the euro area...

IMF Executive Board Concludes 2020 Discussions on Common Euro Area Policies with Member Countries

IMF Executive Board Concludes 2020 Discussions on Common Euro Area Policies with Member Countries »

Source: Euro Area Policies : 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2020/324

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2020

ISBN: 9781513565668

Keywords: Labor, Inflation, Fiscal policy, Credit, Income, ISCR, CR, EU leader, recovery package, EU emission reduction goal

The COVID-19 pandemic has led to severe socio-economic dislocations and hardship. Supported by an unprecedented policy response and by the easing of lockdown measures as the infection rate moderated, the euro area...

Euro Area Policies
			: 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Euro Area Policies : 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries »

Volume/Issue: 2020/324

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2020

DOI: http://dx.doi.org/10.5089/9781513565668.002

ISBN: 9781513565668

Keywords: Labor, Inflation, Fiscal policy, Credit, Income, ISCR, CR, EU leader, recovery package, EU emission reduction goal

The COVID-19 pandemic has led to severe socio-economic dislocations and hardship. Supported by an unprecedented policy response and by the easing of lockdown measures as the infection rate moderated, the euro area...

Statement by Mika Pösö, Executive Director for the Nordic-Baltic Constituency on behalf of the Euro Area Authorities December 18, 2020

Statement by Mika Pösö, Executive Director for the Nordic-Baltic Constituency on behalf of the Euro Area Authorities December 18, 2020 »

Source: Euro Area Policies : 2020 Consultation on Common Euro Area Policies-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

Volume/Issue: 2020/324

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2020

ISBN: 9781513565668

Keywords: Labor, Inflation, Fiscal policy, Credit, Income, ISCR, CR, EU leader, recovery package, EU emission reduction goal

The COVID-19 pandemic has led to severe socio-economic dislocations and hardship. Supported by an unprecedented policy response and by the easing of lockdown measures as the infection rate moderated, the euro area...

Côte D’Ivoire: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and the Extended Arrangement Under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-program Monitoring—debt Sustainability Analysis

Côte D’Ivoire: Seventh and Eighth Reviews Under the Extended Credit Facility Arrangement and the Extended Arrangement Under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-program Monitoring—debt Sustainability Analysis »

Source: Cote d'Ivoire : Seventh and Eighth Reviews under the Extended Credit Facility Arrangement and the Extended Arrangement under the Extended Fund Facility, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Volume/Issue: 2020/321

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 December 2020

ISBN: 9781513564814

Keywords: Public debt, External debt, Revenue administration, Credit, Debt sustainability, ISCR, CR, EFF arrangement, revenue setback, summary debt service table

Prior to the COVID crisis, Côte d'Ivoire had established a strong track record of economic policies, although domestic revenue mobilization has disappointed. The authorities reacted swiftly to the pandemic, support...