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Regional Economic Outlook, April 2019, Sub-Saharan Africa

Recovery Amid Elevated Uncertainty

The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018.

Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

A Capital Market Union For Europe

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A Capital Market Union For Europe »

Volume/Issue: 2019/7

Series: Staff Discussion Notes

Author(s): Srobona Mitra , Anke Weber , Ashok Bhatia , Shekhar Aiyar , Luiza Antoun de Almeida , Cristina Cuervo , Andre Santos , and Tryggvi Gudmundsson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2019

DOI: http://dx.doi.org/10.5089/9781498313278.006

ISBN: 9781498313278

Keywords: Capital markets, Monetary unions, Financial integration, Bilateral payments arrangements, Capital flows, Europe, Capital market union; financial integration; bilateral portfolio flows; monetary union; Europe

This note weighs the merits of a capital market union (CMU) for Europe, identifies major obstacles in its path, and recommends a set of carefully targeted policy actions. European capital markets are relatively sm...

Federated States of Micronesia
			: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

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Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia »

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

DOI: http://dx.doi.org/10.5089/9781513513263.002

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

The economy of the Federated States of Micronesia (FSM) has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account balances have recorded large surpluses since 201...

Federated States of Micronesia
			: Climate Change Policy Assessment

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Federated States of Micronesia : Climate Change Policy Assessment »

Volume/Issue: 2019/292

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

DOI: http://dx.doi.org/10.5089/9781513513669.002

ISBN: 9781513513669

Keywords: Economic growth, Economic analysis, Balance of payments, Sustainable development, Fiscal policy, ISCR, CR, FSM, disaster risk, GCF

This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. The CCPA is a join...

Niger
			: Selected Issues

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Niger : Selected Issues »

Volume/Issue: 2019/240

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781513513577.002

ISBN: 9781513513577

Keywords: Real sector, Tax evasion, Money laundering, Civil society, Revenue administration, SOEs, WAEMU, anti-corruption, AML, CFT

Selected Issues...

Niger
			: 2019 Article IV Consultation, Fourth Review Under the Extended Credit Facility, and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Extension and Rephasing of the Extended Credit Facility Arrangement-Press Release; Staff Report and Statement by the Executive Director for Niger

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Niger : 2019 Article IV Consultation, Fourth Review Under the Extended Credit Facility, and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Extension and Rephasing of the Extended Credit Facility Arrangement-Press Release; Staff Report and Statement by the Executive Director for Niger »

Volume/Issue: 2019/239

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781513513430.002

ISBN: 9781513513430

Keywords: External sector, Public financial management, Economic growth, Fiscal policy, Development, arrears, payment arrears, percent of GDP, SOEs, BCEAO

Niger faces daunting development challenges, aggravated by terrorist incursions, low uranium export prices, and climate change. Nonetheless, GDP growth picked up to 6.5 percent last year- and should average above...

Age Limit for the Managing Director
			: Proposed Amendment of Section 14(c) of the By-Laws

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Age Limit for the Managing Director : Proposed Amendment of Section 14(c) of the By-Laws »

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2019

DOI: http://dx.doi.org/10.5089/9781513513416.007

ISBN: 9781513513416

Keywords: Retirement, Travel, Employment, Transportation, Services, PP, By-Laws, age limit, manage director, executive board

At the request of Executive Directors, and in light of the publicly announced nomination of a candidate who is over the age of sixty-five for the post of Managing Director, I am circulating the attached draft Repor...

Mali
			: Request for Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Mali

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Mali : Request for Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Mali »

Volume/Issue: 2019/289

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2019

Language: French

DOI: http://dx.doi.org/10.5089/9781513513362.002

ISBN: 9781513513362

Keywords: ISCR, CR, percent of GDP, ECF, overall balance, GDP, net lend

Mali is a low-income fragile country facing significant development challenges that have intensified due to insurgency, terrorism, and social tensions. Implementation of the 2015 peace agreement is challenging, and...

Mali
			: Request for Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Mali

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Mali : Request for Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Mali »

Volume/Issue: 2019/289

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2019

DOI: http://dx.doi.org/10.5089/9781513513300.002

ISBN: 9781513513300

Keywords: Balance of payments, External sector, Fiscal policy, Economic growth, Domestic debt, ISCR, CR, percent of GDP, ECF, overall balance

Mali is a low-income fragile country facing significant development challenges that have intensified due to insurgency, terrorism, and social tensions. Implementation of the 2015 peace agreement is challenging, and...

Republic of Poland
			: Technical Assistance Report-Next Steps in Developing a Standard Chart of Accounts and Multi-year Budget

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Republic of Poland : Technical Assistance Report-Next Steps in Developing a Standard Chart of Accounts and Multi-year Budget »

Volume/Issue: 2019/287

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2019

DOI: http://dx.doi.org/10.5089/9781513513003.002

ISBN: 9781513513003

Keywords: Fiscal policy, Budgetary policy, Social security funds, Financial statements, Public finance, ISCR, CR, MTBF, medium-term, BSR

This capacity development mission follows on two earlier missions conducted by the Fiscal Affairs Department (FAD) of the International Monetary Fund. These missions covered the development of a Standard Chart of A...

Democratic Republic of the Congo
			: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of the Congo

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Democratic Republic of the Congo : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of the Congo »

Volume/Issue: 2019/285

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 September 2019

DOI: http://dx.doi.org/10.5089/9781513512822.002

ISBN: 9781513512822

Keywords: External sector, Economic indicators, Central banks, Balance of payments, Financial and Monetary Sector, ISCR, CR, DRC, Congolese authority, bcc

This is the first Article IV mission to DRC since June 2015. The inauguration of President Tshisekedi in January 2019 marks the first peaceful transfer of power since independence. He has pledged to improve governa...