Greece : Fifth Review Under the Stand-By Arrangement, Rephasing and Request for Waivers of Nonobservance of Performance Criteria; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Greece.

Publication Date: December 13, 2011
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Summary: The Executive Board of the IMF has completed the fifth review of Greeceā€™s economic performance under a program supported by a three-year Stand-By Arrangement (SBA) for the country. The completion of the review enables the immediate disbursement of an amount equivalent to SDR1.9 billion, bringing total IMF disbursements under the SBA to an amount equivalent to SDR 17.5 billion. The creation of a national unity government and the endorsement of program objectives and policies by major parties is an important step.
Series: Country Report No. 11/351
Subject(s): Budget deficits | Debt sustainability analysis | Economic indicators | Fiscal reforms | Governance | Performance criteria waivers | Policy Support Instrument | Privatization | Relationships with Fund | Staff Reports | Stand-by arrangement reviews | Tax reforms

Publication Date: December 13, 2011
ISBN/ISSN: 9781463929817/1934-7685 Format: Paper
Stock No: 1GRCEA2011005 Pages: 162
US$18.00 (Academic Rate:
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