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Monetary Policy in Sub-Saharan Africa

Monetary Policy in Sub-Saharan Africa »

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

DOI: http://dx.doi.org/10.5089/9780198785811.071

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

Monetary policy in sub-Sahara Africa (SSA) has undergone an important transformation in recent decades. With the advent of sustained growth and generally stable fiscal policies in much of the region, many countries...

Sierra Leone: First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurnaces Review—Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone

Sierra Leone: First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurnaces Review—Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone »

Source: Sierra Leone : First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone

Volume: 19

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2019

ISBN: 9781498324885

Keywords: Credit, Fiscal policy, Development, Monetary policy, External sector, ECF, BSL, arrears, disbursement, net lend

Actions by the new government since taking office in April 2018 helped to stabilize macroeconomic conditions, but the situation remains challenging. Overall growth remained subdued. While elevated, inflation is tra...

IMF Executive Board Completes First Review Under the Extended Credit Facility and Approves US$21.62 Million Disbursement for Sierra Leone

IMF Executive Board Completes First Review Under the Extended Credit Facility and Approves US$21.62 Million Disbursement for Sierra Leone »

Source: Sierra Leone : First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone

Volume: 19

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2019

ISBN: 9781498324885

Keywords: Credit, Fiscal policy, Development, Monetary policy, External sector, ECF, BSL, arrears, disbursement, net lend

Actions by the new government since taking office in April 2018 helped to stabilize macroeconomic conditions, but the situation remains challenging. Overall growth remained subdued. While elevated, inflation is tra...

Statement by Mr. Dumisani Hebert Mahlinza, Executive Director for Sierra Leone and Mr. Willie Nakunyada, Advisor to the Executive Director June 28, 2019

Statement by Mr. Dumisani Hebert Mahlinza, Executive Director for Sierra Leone and Mr. Willie Nakunyada, Advisor to the Executive Director June 28, 2019 »

Source: Sierra Leone : First Review Under the Extended Credit Facility Arrangement, Request for Waiver for Nonobservance of Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Sierra Leone

Volume: 19

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2019

ISBN: 9781498324885

Keywords: Credit, Fiscal policy, Development, Monetary policy, External sector, ECF, BSL, arrears, disbursement, net lend

Actions by the new government since taking office in April 2018 helped to stabilize macroeconomic conditions, but the situation remains challenging. Overall growth remained subdued. While elevated, inflation is tra...

Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-level Price Data

Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-level Price Data »

Source: Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-level Price Data

Volume/Issue: 2006/53

Series: IMF Working Papers

Author(s): Arto Kovanen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451863130

Keywords: price stickiness, monetary policy, money supply, inflation dynamics, central bank, Inflation And Price Stickiness,

We use cross-section and time-series techniques to analyze pricing behavior in Sierra Leone. In cross-sectional data, we find that inflation volatility and product diversification are the main factors explaining di...

Analyzing Determinants of Inflation When There Are Data Limitation

Analyzing Determinants of Inflation When There Are Data Limitation »

Source: Analyzing Determinants of Inflation When There Are Data Limitation : The Case of Sierra Leone

Volume/Issue: 2008/271

Series: IMF Working Papers

Author(s): Kadima Kalonji , Jan Gottschalk , and Ken Miyajima

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2008

ISBN: 9781451871296

Keywords: Historical decomposition, impulse response, variance decomposition, vector autoregression (VAR), monetary policy, central bank, aggregate demand,

This paper examines the determinants of inflation in Sierra Leone using a structural vector autoregression (VAR) approach to help forecast inflation for operational purposes. Despite data limitations, the paper acc...

1 Monetary Policy in Sub-Saharan Africa

1 Monetary Policy in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction Central banks (CBs) in sub-Saharan Africa (SSA) have made great progress over the past two decades in stabilizing inflation, to single digits on average, in the contex...

2 Inflation Targeting in Uganda

2 Inflation Targeting in Uganda »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction The Bank of Uganda (BOU) introduced its inflation targeting (IT) monetary policy framework in July 2011, replacing a monetary targeting (MT) framework which had been i...

3 Introduction to Part I

3 Introduction to Part I »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

Our understanding of monetary policy in LICs, as with any economic subject, must be fundamentally empirical. Theory is unlikely to give an unambiguous answer to any important policy...

4 Economic Fluctuations in Sub-Saharan Africa

4 Economic Fluctuations in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In this chapter we provide (i) an overview of some of the structural features of the economies of sub-Saharan Africa (SSA) and (ii) a systematic characterization of ec...