What's New Archive
Republic of Madagascar: Technical Assistance Report-Government Finance Statistics Mission
March 6 , 2023
Country Report No. 2023/095
Executive Board Receives Request for Flexible Credit Line Arrangement with Morocco
March 6 , 2023
Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets again to take a decision in the following weeks. The IMF stands ready to continue to support Morocco face the risks from the highly uncertain global environment.
Angola: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola
March 6 , 2023
Country Report No. 2023/100
Angola: Selected Issues
March 6 , 2023
Country Report No. 2023/101
2022 Update of the External Balance Assessment Methodology
March 3 , 2023
Working Paper No. 2023/047
Capital Account Liberalization and Wage Inequality: Evidence from Firm Level Data
March 3 , 2023
Working Paper No. 2023/048
Identifying Optimal Indicators and Lag Terms for Nowcasting Models
March 3 , 2023
Working Paper No. 2023/045
Inflation Dynamics in the Western Balkans
March 3 , 2023
Working Paper No. 2023/049
Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa
March 3 , 2023
Working Paper No. 2023/046
Trust Bridges and Money Flows: A Digital Marketplace to Improve Cross-Border Payments
March 3 , 2023
Fintech Notes No 2023/001
IMF Staff Concludes Visit to San Marino
March 3 , 2023
San Marino showed remarkable resilience last year. However, with increased uncertainty and a weakening global environment, economic activity is expected to decelerate this year. While fiscal policy performed well in 2022, reform efforts should continue. Tax policy reforms will be critical to put debt in a clear declining path that ensures fiscal sustainability. Efforts to improve the capitalization and profitability of banks continue and are bearing some fruits. However, given remaining vulnerabilities, plans to reduce nonperforming assets should not be delayed further.
Fiscal Federalism in Belgium: Challenges in Restoring Fiscal Sustainability Belgium: Belgium
March 2 , 2023
Selected Issues Paper No. 2023/016
Wage Indexation and International Competitiveness in Belgium: An Uneasy Coexistence: Belgium
March 2 , 2023
Selected Issues Paper No. 2023/015
Fiscal Policy Options to Accelerate Emissions Reductions in Belgium Belgium: Belgium
March 2 , 2023
Selected Issues Paper No. 2023/017
IMF Committee on Balance of Payments Statistics : Annual Report 2022
March 2 , 2023
Balance of Payments Statistics No 2022/001
IMF Staff Concludes Visit to São Tomé and Príncipe
March 2 , 2023
“São Tomé and Principe’s economic conditions are challenging. Long-standing socio-economic vulnerabilities were further compounded by the COVID-19 pandemic, persistent energy shortages, the floods at end-2021 and early-2022, and a sharp increase in global food and fuel prices. As a result, 2022 growth slowed to an estimated 0.9 percent, down from an average of about 4 percent in the previous few years. Inflation reached 25.6 percent year-on-year in January 2023. International reserves fell substantially.
IMF Executive Board Approves US$968 Million under the Precautionary and Liquidity Line and US$764 Million under the Resilience and Sustainability Facility for Jamaica
March 2 , 2023
The Executive Board of the International Monetary Fund (IMF) approved a 24-month arrangement under the Precautionary and liquidity Line (PLL) with access of US$968 million (190 percent of quota), to provide insurance against risks from higher commodity prices, a global slowdown, tighter-than-envisaged global financial conditions, and new COVID outbreaks. The Executive Board also approved an arrangement under the Resilience and Sustainability Facility (RSF) for US$764 million (150 percent of quota) to strengthen physical and fiscal resilience to climate change, advance decarbonization of the economy, and manage transition risks. The RSF is expected to catalyze funding for climate priorities from other official lenders and the private sector.
IMF Executive Board Completes the Third Review Under the Extended Credit Facility, Approves $32.6 Million Disbursement, and Concludes the 2022 Article IV Consultation with the Republic of Madagascar
March 2 , 2023
Since the last Article IV consultation in 2019, the Malagasy authorities have implemented several key policy recommendations, but ambitious reforms remain hampered by limited capacity and weak governance. In a context of lower global growth and high international prices, Madagascar’s growth is projected to stall at 4.2 percent in 2023 while annual average inflation would accelerate above 10 percent. Risks from the domestic political situation, low COVID-vaccination rates and adverse global developments cloud the outlook. On the upside, the implementation of the full reform agenda envisaged in the Plan Emergence Madagascar would have significant effects on productivity and growth.
Belgium: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Belgium
March 2 , 2023
Country Report No. 2023/098
Belgium: Selected Issues
March 2 , 2023
Country Report No. 2023/099