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This paper discusses Mali’s 2005 Article IV Consultation and Second and Third Reviews Under the Poverty Reduction and Growth Facility (PRGF). The PRGF-supported program is broadly on track. Performance on quantitative aspects remains strong. Although the record on the structural program has been disappointing, the program for 2006 would mark significant progress on addressing key challenges. The IMF staff supports the authorities’ request for completion of the second and third reviews under the arrangement and waivers for nonobservance of three structural performance criteria.
Investments: Commodities --- Exports and Imports --- Inflation --- Macroeconomics --- Social Services and Welfare --- International Lending and Debt Problems --- Government Policy --- Provision and Effects of Welfare Program --- Fiscal Policy --- Agriculture: General --- Price Level --- Deflation --- International economics --- Social welfare & social services --- Investment & securities --- Banking --- Poverty reduction strategy --- Agricultural commodities --- External debt --- Fiscal space --- Poverty --- Commodities --- Fiscal policy --- Poverty reduction --- Debts, External --- Farm produce --- Prices --- Mali
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Investments: Commodities --- Exports and Imports --- Macroeconomics --- Agribusiness --- Aggregate Factor Income Distribution --- Agricultural Markets and Marketing --- Cooperatives --- Agriculture: General --- Labor Economics: General --- Trade: General --- Agriculture, agribusiness & food production industries --- Investment & securities --- Labour --- income economics --- International economics --- Income --- Agroindustries --- Agricultural commodities --- Labor --- Exports --- National accounts --- Economic sectors --- Commodities --- International trade --- Agricultural industries --- Farm produce --- Labor economics --- Vietnam --- Income economics
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The Poverty Reduction Strategy Paper (PRSP) prepared by the Burkinabè government forms the principal benchmark for all development actors, and reaffirms the urgency of attacking poverty from a structural perspective. It is the primary tool for coordination of all interventions and of public aid to development. The partnership existing between the government and the various actors under the PRSP makes the latter a powerful tool for resource mobilization. Further more, the PRSP will help in a stable macroeconomic framework by strengthening budget management and public investments.
Investments: Commodities --- Macroeconomics --- Diseases: AIDS and HIV --- Health: General --- Education: General --- Labor Economics: General --- Agriculture: General --- Health Behavior --- Health economics --- Education --- Labour --- income economics --- Investment & securities --- HIV/AIDS --- Health --- Labor --- Agricultural commodities --- HIV and AIDS --- Commodities --- Labor economics --- Farm produce --- HIV --- Viruses --- Burkina Faso --- Hiv and AIDS --- Hiv --- Hiv/AIDS --- Income economics
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Banks and Banking --- Investments: Commodities --- Investments: Energy --- Investments: General --- Industries: Manufacturing --- Public Finance --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Industry Studies: Manufacturing: General --- Energy: General --- Investment --- Capital --- Intangible Capital --- Capacity --- Agriculture: General --- National Government Expenditures and Related Policies: General --- Banking --- Investment & securities --- Manufacturing industries --- Macroeconomics --- Public finance & taxation --- Manufacturing --- Oil --- Gross fixed investment --- Agricultural commodities --- Economic sectors --- Commodities --- Expenditure --- National accounts --- Banks and banking --- Petroleum industry and trade --- Saving and investment --- Farm produce --- Expenditures, Public --- Iran, Islamic Republic of
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Eswatini --- Government of the Kingdom of Eswatini --- Kingdom of Eswatini --- Umbuso weSwatini --- Swaziland --- Economic policy. --- Economic conditions --- Exports and Imports --- Foreign Exchange --- Money and Monetary Policy --- Globalization --- Investments: Commodities --- Trade: General --- Globalization: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Agriculture: General --- International economics --- Currency --- Foreign exchange --- Monetary economics --- Investment & securities --- Global competitiveness --- Exchange rates --- Exports --- Currencies --- Imports --- International trade --- Agricultural commodities --- Commodities --- Nominal effective exchange rate --- Money --- Farm produce --- Eswatini, Kingdom of
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Mali’s economy is showing renewed momentum resulting from a strong 2005–06 cereal harvest and strengthening terms of trade. The fiscal program remained well on track through end-2005. Discussion of the macroeconomic outlook focused on production-side growth prospects, such as rising international gold prices that would boost tax revenues and accelerate the mining sector’s exploration and production capacity. Plans to strengthen the management of both tax exemptions and reimbursements will address tax administration weaknesses. In the banking sector, nonperforming loans rose from 20 percent to 28 percent of total loans.
Structural adjustment (Economic policy) --- Economic policy --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Mali --- Economic conditions. --- Investments: Commodities --- Public Finance --- Social Services and Welfare --- National Government Expenditures and Related Policies: General --- Agriculture: General --- Taxation, Subsidies, and Revenue: General --- Debt --- Debt Management --- Sovereign Debt --- Government Policy --- Provision and Effects of Welfare Program --- Public finance & taxation --- Investment & securities --- Social welfare & social services --- Agricultural commodities --- Revenue administration --- Total expenditures --- Public debt --- Current spending --- Commodities --- Expenditure --- Expenditures, Public --- Farm produce --- Revenue --- Debts, Public --- Poverty
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This Joint Staff Advisory Note discusses key findings of the Implementation Report for 2003 and 2004 of the Poverty Reduction Strategy Paper for Mali. With real GDP growth averaging 5 percent over the period 2003–05, Mali’s growth performance has improved over the preceding three years, although growth has fallen short of the Poverty Reduction Strategy Framework goal. The IMF staff agrees that this underperformance can be explained both by adverse external and natural shocks and the authorities’ “optimistic and voluntaristic” growth objectives that represent a best-case scenario.
Budgeting --- Investments: Commodities --- Social Services and Welfare --- Poverty and Homelessness --- National Budget --- Budget Systems --- Government Policy --- Provision and Effects of Welfare Program --- Welfare, Well-Being, and Poverty: General --- Agriculture: General --- Health: General --- Budgeting & financial management --- Social welfare & social services --- Poverty & precarity --- Investment & securities --- Health economics --- Budget planning and preparation --- Poverty reduction strategy --- Poverty --- Agricultural commodities --- Health --- Public financial management (PFM) --- Commodities --- Budget --- Farm produce --- Mali
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The report highlights the IMF projections and estimates of St. Lucia's basic data indicators, its GDP by economic activity at constant and current factor cost, selected data on the banana industry, operations of the central government, operations of the consolidated public sector, monetary survey, summary operations of the Eastern Caribbean Central Bank, consolidated accounts of the commercial banks, structure of public debt 1999/2000–2004/05, selected tourism statistics, direction of trade, imports and prices of petroleum products, merchandise trade volumes, unit values, terms of trade, imports by SITC category, etc.
Banks and Banking --- Exports and Imports --- Macroeconomics --- Investments: Commodities --- Public Enterprises --- Public-Private Enterprises --- Trade: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Nonprofit Organizations and Public Enterprise: General --- Agriculture: General --- Civil service & public sector --- International economics --- Banking --- Public ownership --- nationalization --- Investment & securities --- Public sector --- Exports --- Public enterprises --- Commercial banks --- Economic sectors --- International trade --- Agricultural commodities --- Commodities --- Financial institutions --- Finance, Public --- Banks and banking --- Government business enterprises --- Farm produce --- St. Lucia --- Nationalization
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The erosion of EU trade preferences for bananas and sugar will have immediate negative implications for Belize’s economy. This paper suggests ways to enhance public debt management in Belize. The vulnerability of the banking sector appears relatively modest. However, the current level of loan-loss provisions and collateral valuation rules are not up to the international standards. Important steps have been taken to further improve compliance with the Basel Core Principles. The importance of debt-service reduction through sound macroeconomic policies is highlighted.
Banks and Banking --- Investments: Commodities --- Exports and Imports --- Foreign Exchange --- Public Finance --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Agriculture: General --- Debt --- Debt Management --- Sovereign Debt --- Trade: General --- Banking --- Investment & securities --- Public finance & taxation --- International economics --- Currency --- Foreign exchange --- Finance --- Agricultural commodities --- Government debt management --- Real exchange rates --- Commercial banks --- Commodities --- Public financial management (PFM) --- Loans --- Financial institutions --- Farm produce --- Banks and banking --- Debts, Public --- Balance of payments --- Belize
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Syria faces two interrelated medium-term challenges posed by the prospective decline in its oil reserves. The recently approved five-year plan (FYP) laid down a comprehensive strategy to address these challenges. Syria’s public finances are headed for challenging times in the coming 10–15 years. Large fiscal deficits have marked the economic history of many developed and developing countries alike during the 1970s and 1980s, with damaging consequences to their economies. Although financial markets can help keep the deficit bias in check, market discipline has proved mostly inadequate.
Finance --- Fiscal policy --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Funding --- Funds --- Economics --- Currency question --- Government policy --- Syria --- Economic conditions. --- Investments: Commodities --- Exports and Imports --- Macroeconomics --- Public Finance --- Fiscal Policy --- Business Taxes and Subsidies --- Trade: General --- Trade Policy --- International Trade Organizations --- Agriculture: General --- Public finance & taxation --- International economics --- Investment & securities --- Budgeting & financial management --- Agricultural commodities --- Value-added tax --- Imports --- Tariffs --- Commodities --- Taxes --- International trade --- Spendings tax --- Farm produce --- Prices --- Syrian Arab Republic
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