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Niger Second And Third Reviews Under The Extended Credit Facility Arrangement And Requests For Waivers Of Nonobservance Of Performance Criteria And For Extension Of The Program Period And Arrangement Rephrasing Of Disbursements And Modification Of Performance Criteria Staff Report Press Release And Statement By The Executive Director For Niger

Niger  Second and Third Reviews Under the Extended Credit Facility Arrangement and Requests for Waivers of Nonobservance of Performance Criteria and for Extension of the Program Period and Arrangement  Rephrasing of Disbursements  and Modification of Performance Criteria Staff Report  Press Release  and Statement by the Executive Director for Niger PDF

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Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498347711
Size: 61.22 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 67
View: 6649


This paper discusses Niger’s Second and Third Reviews Under the Extended Credit Facility (ECF) Arrangement and Requests for Waivers of Nonobservance of Performance Criteria and for Extension of the Program Period and Arrangement. Fiscal performance was broadly in line with program targets. The medium-term outlook appears favorable, with robust growth benefiting from important natural resource sector investments. However, the outlook is vulnerable to high domestic and external risks, including potential spillovers from the security situation in the region and climatic shocks. The IMF staff recommends the completion of the second and third reviews under the ECF.

Chad

Chad PDF

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Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475557507
Size: 24.35 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 79
View: 5827


This paper discusses Chad’s Third and Fourth Reviews Under the Extended Credit Facility (ECF) arrangement, and Requests for Waivers of Nonobservance of Performance Criteria (PCs), Augmentation of Access, Extension of the Current Arrangement, and Rephasing of Disbursements. The authorities in Chad have implemented substantial fiscal adjustment to balance the budget and contain the accumulation of arrears. Nonetheless, liquidity conditions remain very tight, and social tensions have risen recently owing to the large cuts in current spending. IMF staff supports the completion of the third and fourth reviews under the ECF arrangement, the waivers of nonobservance of PCs on the nonaccumulation of domestic arrears and nonaccumulation of external arrears.

The Work Of The International Law Commission

The Work of the International Law Commission PDF

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Author: United Nations
Publisher: UN
ISBN: 9789216330347
Size: 26.62 MB
Format: PDF, Docs
Category : Political Science
Languages : en
Pages : 724
View: 6612



Making The Most Of Public Investment In Mena And Cca Oil Exporting Countries

Making the Most of Public Investment in MENA and CCA Oil Exporting Countries PDF

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Author: Maria A. Albino-War
Publisher:
ISBN: 9781498314954
Size: 64.88 MB
Format: PDF, ePub
Category :
Languages : en
Pages : 31
View: 3433


Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.

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