IMF Staff Country Reports

Prudent macroeconomic management has supported a resilient economy,
achieved low inflation, ample policy buffers and, for the last few years, a positive current
account. Yet, more is needed to lift growth and reduce poverty. The political
environment remains challenging as the standoff between the administration and the
Attorney General has continued with no signs of easing, but a string of positive
legislative surprises has raised near-term optimism. In a global environment marked by
more restrictive trade and migration, policies will need to adapt to a new reality of
changing trade patterns, lower remittances and lower net emigration.