Austria: Embrace digitalisation to boost growth and inclusiveness
The Austrian economy is strengthening, supported by recent tax reform and a pick-up in international trade. With business and household confidence rising and the short-term outlook favourable, policymakers should enact deeper structural reforms that...
IMF Staff Completes 2017 Article IV Mission to Maldives
IMF staff expects a modest growth recovery with low inflation, and continued weak fiscal and external positions. GDP growth is projected to recover gradually to above 4.5 percent in 2017 and 2018.
IMF Completes Second Review of the Extended Arrangement Under the EFF with Sri Lanka and Approves US$ 167.2 Million Disbursement
On July 17, 2017, the Executive Board of the International Monetary Fund (IMF) completed the second review of Sri Lanka’s economic performance under the program supported by a three-year extended arrangement under the Extended Fund Facility (EFF)...
IMF Executive Board Completes Second Review Under the ECF Arrangement for the Central African Republic, Approves US$16.3 Million Disbursement, and an Augmentation of US$15.5 Million
On July 17, 2017, the Executive Board of the International Monetary Fund (IMF) completed the second review under the Extended Credit Facility (ECF) [1] arrangement for the Central African Republic. The completion of the review enables a disbursement...
IMF Executive Board Completes Seventh and Final Review Under the Extended Credit Facility Arrangement for Burkina Faso and Approves US$6.2 Million Disbursement
On July 14, 2017, the Executive Board of the International Monetary Fund (IMF) completed the seventh and final review of Burkina Faso’s program supported by the Extended Credit Facility (ECF). The decision was taken without a Board meeting and...
IMF Executive Board Concludes 2017 Article IV Consultation with the United Arab Emirates
On July 7, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United Arab Emirates and considered and endorsed the staff appraisal without a meeting.
Tourism key to foster trade for least developed countries – UN-backed report
Meghri is located 400 kilometres from the capital Yerevan of landlocked Armenia, over narrow mountain...
IMF Executive Board Concludes 2017 Article IV Consultation with Brazil
On July, 5, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Brazil.
Brazil’s deep recession appears close to an end. The recession, triggered by large macroeconomic imbalances and a...
IMF Executive Board Completes First Review under the Extended Fund Facility (EFF) with the Arab Republic of Egypt
On July 13, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of Egypt’s economic reform program supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allows the...
IMF Executive Board Concludes 2017 Article IV Consultation for the Republic of Armenia
On June 23, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Armenia.
Since its independence, Armenia has made significant strides in enhancing macroeconomic stability...