Delayed Article IV Consultation with the State of Eritrea

IMF News, June 28, 2018

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Delayed Article IV Consultation with the State of Eritrea

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Bibliographic details

• Published: June 28, 2018

Summary of action taken

• The Executive Board of the International Monetary Fund (IMF) was informed on March 20, 2018, that there could not be a briefing to the Board with an assessment of economic developments and policies in Eritrea.
• The inability to brief was due to a lack of adequate information that would allow staff to make such an assessment.
• The Article IV consultation for Eritrea is delayed by more than seven years.

Framework and periodic briefings

• The action is in line with the framework for addressing excessive delays in the completion of Article IV consultations.
• Under the framework, when possible, informal sessions to brief the Board based on information available are held approximately every 12 months for members whose Article IV consultations are delayed by more than 18 months.

Contact and publication details

• Press Release No. 18/262
• Date: June 28, 2018
• IMF Communications Department
• MEDIA RELATIONS
• PRESS OFFICER: Lucie Mboto Fouda
• Phone: +1 202 623-7100
• Email: MEDIA@IMF.org

Delayed Article IV Consultation with the State of Eritrea — Press Release No. 18/262, June 28, 2018.

References

• The State of Eritrea and the IMF
• IMF Policy Advice -- A Factsheet
• Press Releases
• PRESS CENTER
• https://www.imf.org/en/home