Finance & Economics | WPN World People News

An International Monetary Fund (IMF) mission, led by Ana Corbacho, visited Bangkok from March 3–18, 2016, to conduct the 2016 Article IV Consultation discussions. The mission exchanged views on recent economic developments and the outlook with officials in the government, the Bank of Thailand (BOT), and other public institutions.

The Executive Board of the International Monetary Fund (IMF) on March 25, 2016 completed the tenth review of Pakistan’s economic performance under a three-year program supported by an Extended Fund Facility (EFF) arrangement. In completing the review, the Executive Board also approved the authorities’ request for modification of the end-March 2016 performance criterion on the State Bank of Pakistan’s stock of net foreign currency swaps/forward position.

World Bank Group President Jim Yong Kim told a special session of the Iraqi parliament on March 26 that the path to stability and shared growth in Iraq lay in empowering local governments, opening up and diversifying the economy, and improving the management of public finances by reforming the public sector and increasing accountability.

On March 21, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV Consultation with Solomon Islands.

An International Monetary Fund (IMF) staff mission led by Wendell Samuel visited Victoria during March 9‒22, 2016 to conduct discussions on the fourth review under the Extended Fund Facility (EFF) arrangement with Seychelles.

A team from the International Monetary Fund (IMF), led by Hervé Joly, visited Tanzania from March 10–23, 2016. The mission initiated the fourth review under the Policy Support Instrument (PSI) program that was approved on July 16, 2014.1 It also held discussions with the authorities on the 2016 Article IV Consultation.

On March 21, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the annual Discussion on Common Policies of Member Countries of the West African Economic and Monetary Union (WAEMU).

An International Monetary Fund (IMF) mission led by Anita Tuladhar visited Tirana from March 9–22, 2016, to conduct discussions on the seventh review of Albania’s Extended Fund Facility (EFF) Arrangement.

An International Monetary Fund (IMF) mission led by Mauricio Villafuerte visited N’Djamena from March 7–20, 2016 to hold discussions on the third review of the government’s economic program supported under the Extended Credit Facility (ECF) arrangement and conduct the 2016 Article IV consultation. The ECF arrangement was approved in August 2014.