Narrow Your Choices

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Europe > Ukraine

You are looking at 1 - 10 of 30 items for :

  • Type: Journal Issue x
  • Criminology x
Clear All Modify Search
Cover Selected Decisions and Selected Documents of the International Monetary Fund
Selected Decisions and Selected Documents of the International Monetary Fund
Forty-Third Issue Supplement
International Monetary Fund. Legal Dept.

Abstract

A supplement to the Forty-Third Issue of Selected Decisions and Selected Documents of the International Monetary Fund, incorporating items posted after January 1, 2023.

Keywords:
MCP decision; Review of the Fund's Policy; payments policy; adequacy assessment framework; fund surveillance; Balance of payments need; Anti-money laundering and combating the financing of terrorism (AML/CFT); Liquidity; Lines of credit; Global
Cover Technical Assistance Reports
Republic of Moldova: Technical Assistance Report-Analysis of the Draft Law on the Anti-Corruption Judicial System and on Amending Some Normative Acts
International Monetary Fund. Legal Dept.
Upon the request of the authorities of Moldova, the Legal Department provided Technical Assistance on the establishment of the Specialized Anti-Corruption Judiciary (SAJ) in Moldova. The TA report provides analysis of the draft law on the Anti-Corruption Judicial System and other related laws, and proposes recommendations. The recommendations are informed by international standards and good practices on judicial independence and integrity, and are designed to respond to specific challenges faced by Moldova. The creation of the SAJ is an important new initiative aimed at strengthening anti-corruption efforts following the establishment of the Anti-Corruption Prosecutor Office (APO) in 2016. A SAJ composed of judges selected through competitive process with the participation of civil society and reputable anti-corruption experts, can significantly contribute to reducing corruption through effective adjudication of corruption cases.
Keywords:
Republic of Moldova; specialized courts; anti-corruption; rule of law; judiciary; judges; judicial independence; Pre-selection Commission; vetting.; draft law; parliament of the Republic of Moldova; legal department; subject matter jurisdiction; SAJ member; comments from the World Bank; Corruption; Allowance for corporate equity; Civil society organizations; Europe
Cover Selected Issues Papers
Corruption and Economic Growth in Moldova: A Reexamination
Maksym Markevych
and
Marina Marinkov
This paper examines corruption in Moldova, analyzing its impact on economic growth and progress in implementing earlier IMF recommendations on anti-corruption and anti-money laundering (AML). Despite solid legal frameworks, corruption remains a significant challenge, impeding growth and EU convergence. Drawing from regional successes, the paper stresses the importance of specialized anti-corruption agencies, robust prosecution, civil society involvement, and international expertise. Moldova has made strides in strengthening its legal and institutional infrastructure, but challenges like delayed corruption case adjudication persist. Recommendations include enhancing the Anti-corruption Prosecution Office's investigative capacity and establishing specialized adjudication infrastructure.
Keywords:
Corruption; economic growth; governance; anti-money laundering; economic growth in Moldova; adjudication infrastructure; Moldova's progress; investigative capacity; corruption case; Anti-money laundering and combating the financing of terrorism (AML/CFT); Civil society; Europe; Eastern Europe
Cover Technical Notes and Manuals
Resolving Opaque Bank Ownership and Related-Party Exposures
Edda R Karlsdóttir
,
Rachid Awad
,
Ender Emre
,
Alessandro Gullo
,
Aldona Jociene
, and
Constant Verkoren
This note intends to provide advice to bank supervision and resolution authorities and policymakers seeking to deal with opaque bank ownership or significant overhang of related-party exposures.
Keywords:
bank Ownership structures; bank Ownership transparency; IMF Library; bank owner; related-party transaction; Basel Core Principles; Anti-money laundering and combating the financing of terrorism (AML/CFT); Bank resolution; State-owned banks; Global
Cover IMF Staff Country Reports
Republic of Moldova: Selected Issues
International Monetary Fund. European Dept.
This Selected Issues paper discusses opportunities and challenges of climate adaptation policies in Moldova. Strengthening resilience to natural disasters will require significant adaptation investments in the coming years. This paper shows that such investments can substantially reduce output losses caused by natural disasters, will be more cost-efficient than responding to disasters ex-post, and will contribute to boost Moldova’s long-term economic growth and support its development objectives. However, due to limited domestic financial resources in a complex economic environment, Moldova cannot finance the most-needed adaptation investments without endangering public debt sustainability or hindering its growth potential. Therefore, external support will be critical to help meet the adaptation needs.
Keywords:
quantifying Adaptation investment; Adaptation gap; macro impact; debt financing of Adaptation investment; economic growth in Moldova; Corruption; Infrastructure; Climate change; Natural disasters; Europe; Global; Eastern Europe
Cover IMF Staff Country Reports
Côte d'Ivoire: First Reviews Under the Extended Arrangement Under the Extended Fund Facility and Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire
International Monetary Fund. African Dept.
This paper presents Côte d’Ivoire’s First Review under the Extended Arrangement under the Extended Fund Facility and Arrangement under the Extended Credit Facility. The Ivorian economy has faced adverse spillovers from the war in Ukraine and global monetary tightening. Indirect and direct subsidies to curb price pressures, higher security spending, and worsening terms-of-trade amid robust domestic demand had led to a widening of macroeconomic imbalances in 2022. Program implementation has been strong so far with all quantitative criteria and structural benchmarks met. Côte d’Ivoire pursues its commitment for a revenue based fiscal consolidation to ensure fiscal and debt sustainability and to create fiscal space and implement its ambitious structural reforms’ agenda. The Ivorian authorities have taken measures to strengthen macroeconomic stability and reverse widening fiscal and external imbalances as the economy has been hit hard by the triple shock of the coronavirus disease 2019 pandemic, global financial tightening, and adverse spillovers from Russia’s war in Ukraine.
Keywords:
government program; Ivorian authorities; EFF arrangement; IMF staff estimate; IMF team; Government debt management; Debt sustainability; Global; West Africa
Cover Policy Papers
2023 Review of The Fund's Anti-Money Laundering and Combating The Financing of Terrorism Strategy—Background Papers
International Monetary Fund. Legal Dept.
The background papers support the stocktaking analysis and the proposed way forward for the 2023 review of the IMF's AML/CFT Strategy. The five background papers provide in-depth discussions on the following key topics: (i) illicit financial flows; (ii) the impact of money laundering in financial stability; (iii) synergies between financial integrity issues and other Fund policies and work; (iv) the Fund’s collaboration with key partners in the AML/CFT global policy architecture; and (v) stakeholders’ views of the effectiveness of the Fund’s AML/CFT engagement.
Keywords:
AML/CFT; Anti-money laundering; Money laundering; Terrorism financing; Proliferation financing; Combating the Financing of Terrorism; Financial Stability; Financial Crime; Illicit financial flows; Financial Integrity; CFT issue; CFT framework; addressing IFF; FATF standard; Global AML; Anti-money laundering and combating the financing of terrorism (AML/CFT); Financial sector stability; Civil society organizations; Global; Baltics
Cover IMF Staff Country Reports
Malaysia: 2023 Article IV Consultation-Press Release and Staff Report
International Monetary Fund. Asia and Pacific Dept
This 2023 Article IV Consultation discusses that Malaysia registered a strong economic recovery in 2022, backed by its well-diversified economy, sound policy frameworks, and commodity exporter status. While monetary policy started a gradual post-pandemic normalization, record costly spending on fuel subsidies broadly kept inflationary pressures suppressed in 2022. Meanwhile, the new national unity government has signaled its commitment to the reform priorities outlined in the Twelfth Malaysia Plan and the 2023 Budget to propel the economy toward net-zero greenhouse gas emissions and high-income status. In view of the positive output gap and ongoing inflationary pressures, near-term policies should focus on accelerating the pace of policy tightening, while managing downside risks and trade-offs. The financial sector remains healthy but warrants stepped-up monitoring, especially of highly leveraged entities and non-bank financial institutions, given increased risks from rising interest rates, tighter financial conditions, exchange rate depreciation, and weaker expected growth. Expanding the macroprudential toolkit should support these efforts.
Keywords:
inflation expectation; PPI weight; balance of payments position; coverage ratio; Malaysia's obligation; asset forfeiture regime; Inflation; Global
Cover IMF Staff Country Reports
Republic of Moldova: Third Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Request for a Waiver for Nonobservance of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Republic of Moldova
International Monetary Fund. European Dept.
This paper presents the Republic of Moldova’s Third Reviews under the Extended Credit Facility and the Extended Fund Facility Arrangements, and Request for a Waiver for Nonobservance of Performance Criterion. As the outlook is subject to high uncertainty, near-term priorities should remain focused on mitigating the impact of the war, ensuring energy security, adapting contingency plans to evolving risks, and maintaining an appropriate policy mix. Once near-term pressures from the crises subside, the authorities appropriately plan to reorient spending toward supporting the recovery. Moldova remains in a precarious position. Russia’s war in Ukraine and its proximity to Moldova continue to fuel security concerns, while the social fabric remains fragile and stretched by high food and energy prices. Prudent use of contingency plans has helped reduce energy security risks and supported the most vulnerable through the cost-of-living crisis. Continued strong reform implementation—supported by the program—helps build solid foundations for sustainable long-term development.
Keywords:
reform agenda; Policy discussion; monetary policy easing; reform path; inflation consultation clause; Inflation; Budget planning and preparation; Loans; International reserves; Corruption; Global
Cover IMF Staff Country Reports
Jamaica: Request for an Arrangement Under the Precautionary Liquidity Line and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Jamaica
International Monetary Fund. Western Hemisphere Dept.
This paper highlights Jamaica’s Request for an Arrangement under the Precautionary Liquidity Line (PLL) and Request for an Arrangement under the Resilience and Sustainability Facility (RSF). Jamaica has been buffeted by a difficult global environment—from coronavirus disease, the war in Ukraine, and the ongoing tightening of global financial conditions. IMF assesses that Jamaica qualifies for the PLL, performing strongly in three out of five qualification areas and not substantially underperforming in other areas. The authorities plan to treat the PLL as precautionary. The arrangement would support efforts to strengthen physical and fiscal resilience to climate change, advance decarbonization of the economy, and manage the associated transition risks. The RSF is expected to catalyze funding for Jamaica’s climate priorities from other official lenders and the private sector. The RSF will support Jamaica’s ambitious agenda to accelerate the transition to renewable power generation, increase resilience to climate change, enhance the climate focus in fiscal policy frameworks, and strengthen management of climate risks by financial institutions.
Keywords:
staff appraisal; RSF policy reform measure; climate priority; transition risk; risk financing Policy; Climate change; Natural disasters; Anti-money laundering and combating the financing of terrorism (AML/CFT); Global; Caribbean