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Republic Of Madagascar Request For Disbursement Under The Rapid Credit Facility Staff Report Press Release And Statement By The Executive Director For The Republic Of Madagascar
Republic of Madagascar Request for Disbursement Under the Rapid Credit Facility Staff Report Press Release and Statement by the Executive Director for the Republic of Madagascar PDF

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Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 149839776X
Size: 76.15 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 61
View: 6068


This paper focuses on Madagascar’s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition and economic uncertainty since 2009. However, these disruptions have constrained growth and fiscal revenue, leading to a sharp compression of public investment and social outlays. The authorities are requesting a disbursement under the RCF. They also see the RCF as a stepping stone for a possible future arrangement addressing Madagascar’s medium-term challenges and as a positive signal to development partners. The IMF staff supports the authorities’ request for a disbursement under the RCF.

Central African Republic
Central African Republic PDF

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Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475523726
Size: 36.46 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 118
View: 2704


The Central African Republic (C.A.R.) is at a turning point, with the return to democratic institutions since April 1, 2016 offering prospects of ending the cycle of violent conflicts and political instability that has beleaguered the country since end-2012 and also engineering a turnaround to rebuild its economy, reduce poverty, and exit progressively from fragility. Three disbursements under the Rapid Credit Facility (RCF) helped to address urgent balance of payments needs and restore macroeconomic stability during the protracted political transition that lasted from January 2014 to March 2016. The newly elected government is focusing on reforms for a progressive exit from fragility, including improving security, consolidating the peace and the reconciliation process, rebuilding government institutions, and strengthening economic management.

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Author: UNESCO
Publisher: UNESCO Publishing
ISBN: 923600069X
Size: 12.20 MB
Format: PDF, ePub
Category :
Languages : ar
Pages : 483
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World Economic Outlook October 2016
World Economic Outlook October 2016 PDF

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Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1475551584
Size: 77.20 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 288
View: 2304


According to the October 2016 "World Economic Outlook," global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. The forecast, revised down by 0.1 percentage point for 2016 and 2017 relative to April’s report, reflects a more subdued outlook for advanced economies following the June U.K. vote in favor of leaving the European Union (Brexit) and weaker-than-expected growth in the United States. These developments have put further downward pressure on global interest rates, as monetary policy is now expected to remain accommodative for longer. Although the market reaction to the Brexit shock was reassuringly orderly, the ultimate impact remains very unclear, as the fate of institutional and trade arrangements between the United Kingdom and the European Union is uncertain. Financial market sentiment toward emerging market economies has improved with expectations of lower interest rates in advanced economies, reduced concern about China’s near-term prospects following policy support to growth, and some firming of commodity prices. But prospects differ sharply across countries and regions, with emerging Asia in general and India in particular showing robust growth and sub-Saharan Africa experiencing a sharp slowdown. In advanced economies, a subdued outlook subject to sizable uncertainty and downside risks may fuel further political discontent, with anti-integration policy platforms gaining more traction. Several emerging market and developing economies still face daunting policy challenges in adjusting to weaker commodity prices. These worrisome prospects make the need for a broad-based policy response to raise growth and manage vulnerabilities more urgent than ever.
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