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2010 (2)

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Book
Evaluating Government Employment and Compensation.
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ISBN: 146238949X 1455252832 1462330363 Year: 2010 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This technical note provides criteria for evaluating government employment and compensation and options for reform. The note discusses various quantitative indicators that can be used for country analysis and provides an assessment of differences across regions and country groups. It addresses short- and medium-term options for reform and country experiences. Data tables, which can be useful for comparative analysis, are provided. The note underscores that technical analysis of employment and compensation issues must be accompanied by judgment to weigh the tradeoffs between competing objectives.


Book
Maldives : First Review Under the Stand-By Arrangement and the 24-Month Arrangement Under the Exogenous Shocks Facility and Requests for Waivers of Nonobservance of Performance Criteria and Modification of Performance Criterion - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Maldives
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ISBN: 146231404X 1452731500 1283560798 1455217271 9786613873248 Year: 2010 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

The first review of Maldives’ economic performance under the Stand-By Arrangement (SBA) and the Arrangement under the Exogenous Shocks Facility is discussed. The fiscal deficit in 2009 was estimated at 26¼ percent of GDP, 2½ percentage points lower than previously projected. The growth of monetary aggregates slowed down in line with projections. A key risk concerns the ability of the government to maintain the public sector wage cuts. A negative outcome on this would have a large fiscal impact.

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