Smooth Forecast Reconciliation
March 22, 2024
Working Paper No. 2024/066
The Economic Impacts and the Regulation of AI: A Review of the Academic Literature and Policy Actions
March 22, 2024
Working Paper No. 2024/065
Global Value Chain and Inflation Dynamics
March 22, 2024
Working Paper No. 2024/062
Republic of Moldova: Technical Assistance Report-Analysis of the Draft Law on the Anti-Corruption Judicial System and on Amending Some Normative Acts
March 22, 2024
Technical Assistance Report No. 2024/025
Ukraine: Third Review of the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of Performance Criterion, and Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Ukraine
March 22, 2024
Country Report No. 2024/078
Peru: Staff Concluding Statement of the 2024 Article IV Mission
March 22, 2024
The economy had a slight contraction in 2023, due to multiple consecutive shocks, while inflation decelerated rapidly. Economic growth declined to -0.6 percent in 2023, due to climate-related shocks and social turmoil. Inflation is converging towards the target thanks to the BCRP’s decisive monetary policy tightening. Strong supervision maintained financial stability. The fiscal position remained strong, although the fiscal deficit (of the non-financial public sector) reached 2.8 percent of GDP (above the fiscal rule target of 2.4 percent of GDP), reflecting a shortfall in tax revenues due to the economic slowdown. Led by sizable import compression and better terms of trade, the current account registered a surplus of 0.6 percent of GDP. International reserves remain at a comfortable level of about 28 percent of GDP.
IMF Staff Reached Staff-level Agreement on the Reviews of the Rwanda’s Policy Coordination Instrument and Arrangement under Resilience and Sustainability Facility, and the Stand-by Credit Facility Arrangement
March 22, 2024
An International Monetary Fund (IMF) team, led by Ruben Atoyan, visited Kigali from March 11– March 22, 2024, to discuss the authorities’ policy priorities and progress on reforms within the context of the third reviews of Rwanda’s Policy Coordination Instrument (PCI) and Resilience and Sustainability Facility (RSF), and the first review of the Stand-by Credit Facility (SCF) arrangement. Consideration by the Board is tentatively scheduled for May 2024.
Press Briefing on the Second Review of IMF-supported Program and Article IV Consultation Mission for Sri Lanka
March 21, 2024
Press Briefing on the Second Review of IMF-supported Program and Article IV Consultation Mission for Sri Lanka
IMF Executive Board Completes the Third Review of the Extended Fund Facility Arrangement for Ukraine
March 21, 2024
The Executive Board of the International Monetary Fund (IMF) today completed the third Review of the EFF arrangement for Ukraine.
Press Briefing of the Second Review of Sri Lanka's IMF Support Program
March 21, 2024
Press Briefing of the Second Review of Sri Lanka's IMF Support Program