IMFSurvey Magazine: Countries & Regions
February 26, 2015
The plunge in oil prices since mid-2014 shows that Gabon’s plan to diversify its economy away from overdependence on oil is clearly the right way to go and is now more relevant than ever, IMF staff says in a regular review of the Central African nation’s economy.
February 26, 2015
An IMF staff team in Ghana reaches agreement with the government on a new economic reform program that would be supported by an IMF loan of about $940 million. The loan would back a program aimed at boosting economic growth and tightening fiscal discipline.
February 17, 2015
The IMF Executive Board approves release of $25.9 million to Guinea under the West African country’s existing IMF-backed program, and also boosts financing under the program by an extra $37.7 million, to help the country fight Ebola.
February 03, 2015
Canada’s economic performance has been solid, largely thanks to a stronger U.S. recovery. Growth momentum will ease slightly this year, reflecting substantially lower oil prices, and become more balanced with a cooling housing market, said the IMF in its regular assessment of the country’s economy.
February 02, 2015
Low-income economies aspiring to make a decisive stride toward middle-income status may learn a lot from the experience of peer countries that have made the move, brainstorming participants conclude at an event at IMF headquarters in Washington, D.C.
January 21, 2015
The steep decline in oil prices presents new economic realities for oil-exporting countries in the Middle East, North Africa, Afghanistan and Pakistan and in the Caucasus and Central Asia regions, says the IMF in its update of the Regional Economic Outlook.
December 24, 2014
A new development plan designed to help Senegal exit a trap of low growth and high poverty can boost the economy if it is consistently implemented, IMF staff say in a regular review of the West African country. They add that the plan presents a unique opportunity.
December 22, 2014
While banks in the GCC countries are generally well capitalized, it is difficult for them to have a truly diversified credit portfolio given the structure of their economies, which exposes them to risks that require a greater amount of scrutiny, a new IMF study finds.
December 12, 2014
Rwanda’s economic performance since the turn of the century has been remarkable, as strong policies played a key role in maintaining annual GDP growth at around 8 percent since 2000, IMF staff say in a regular review of the East African nation’s economy.
December 11, 2014
South Africa can celebrate significant progress in its first 20 years of democracy, but faces the challenge of reviving a weak economy and addressing elevated vulnerabilities, the IMF says in its regular review of the country’s economy.
February 23, 2015
The Moroccan economy is faring better due to significant progress in implementing economic reforms, but the country should sustain efforts to maintain gains and achieve higher and inclusive growth, the IMF said in its latest annual assessment of the economy and first review of the liquidity line that Morocco obtained from the global lender in 2014.
February 11, 2015
Following four years of political uncertainty and economic slowdown, Egypt has chosen a path of adjustment and reform which, if followed resolutely, will lead to economic stability and growth, the IMF said in its first comprehensive assessment of the North African nation’s economy since 2010.
February 04, 2015
Rapid expansion of cross-border banking in Africa in recent years poses oversight challenges that, if unaddressed, may increase systemic risks, IMF staff say. A recent report adds that pan-African banks are now more important than the continent’s long-established European and American banks.
February 02, 2015
The IMF Executive Board approves a financing package of about $700 million for Kenya that the country’s authorities plan to use as insurance against external shocks. Kenya plans not to draw on this precautionary financing unless the balance of payments comes under pressure.
January 29, 2015
Policymakers have made progress in reforming securitization markets, and they have to finish the task to mitigate the risks and ensure these markets contribute to economic growth and financial stability.
January 14, 2015
The International Monetary Fund (IMF) and the World Trade Organization (WTO) reached out to parliamentarians from the Middle East and North African (MENA) countries, sponsoring a seminar to foster greater understanding of the global and regional roles of the two institutions and exchange views on the economic issues facing the region.
December 23, 2014
Countries of the Gulf Cooperation Council will have to adjust the incentives of workers and firms to encourage them to work and produce in the non-oil tradable sector if these economies are to succeed in diversifying their economies, a new IMF study says.
December 17, 2014
Sub-Saharan Africa’s small middle-income countries should implement strong reforms to boost growth and avoid the “middle-income trap,” seminar participants conclude in Mauritius, after reviewing the track records of seven countries and how the IMF can help.
December 12, 2014
Countries from Latin America should build on progress made over the past two decades and implement policies to boost growth, job creation, and move faster toward shared prosperity, participants at a two-day conference in Chile said.