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This paper presents Liberia's Request for Disbursement Under the Rapid Credit Facility. The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern. The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves. Preliminary data suggest that performance under the Extended Credit Facility-supported program has been weak, though the authorities are fully committed to address the weaknesses. In order to address the shortage of Liberian dollars and the growing need for more US dollar liquidity, the authorities have contracted the printing of additional Liberian dollar bank notes and are formulating measures for inclusion in the FY2021 budget to augment US dollar liquidity.
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This paper presents Liberia's Request for Disbursement Under the Rapid Credit Facility. The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern. The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves. Preliminary data suggest that performance under the Extended Credit Facility-supported program has been weak, though the authorities are fully committed to address the weaknesses. In order to address the shortage of Liberian dollars and the growing need for more US dollar liquidity, the authorities have contracted the printing of additional Liberian dollar bank notes and are formulating measures for inclusion in the FY2021 budget to augment US dollar liquidity.
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The International Monetary Fund (IMF)'s Statistics Department (STA) conducted a technical assistance (TA) mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics (ESS) in Montenegro during January 20-31, 2020. The mission was funded by Eurostat to meet the European Union (EU)'s acquis1 from the ESS perspective. The CBM has already met most of the EU requirements in ESS. The main outstanding issue is a production of international investment position (IIP) quarterly.
Technical assistance. --- Investments, Foreign --- Debts, External --- Banks and banking
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The International Monetary Fund (IMF)'s Statistics Department (STA) conducted a technical assistance (TA) mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics (ESS) in Montenegro during January 20-31, 2020. The mission was funded by Eurostat to meet the European Union (EU)'s acquis1 from the ESS perspective. The CBM has already met most of the EU requirements in ESS. The main outstanding issue is a production of international investment position (IIP) quarterly.
Technical assistance. --- Investments, Foreign --- Debts, External --- Banks and banking
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On June 18, 2020, the IMF’s Executive Board approved an additional extension, for one year, of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 30, 2021. The current deadline was due to expire on June 30, 2020. However, the Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 also extends the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). The Executive Board also approved an additional extension by one year of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 30, 2021.
Exports and Imports --- Diseases: Contagious --- Health Behavior --- International Lending and Debt Problems --- Infectious & contagious diseases --- International economics --- COVID-19 --- Arrears --- Health --- External debt --- Communicable diseases --- Debts, External --- Syrian Arab Republic
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Une approche critique de l'histoire de la Banque mondiale, passant en revue son action depuis sa fondation en 1944, sa direction, ses objectifs affichés et avérés, son influence, son idéologie et son positionnement géopolitique. Son rôle dans l'endettement des pays du Sud et sa promotion des inégalités dans sa conception du développement sont analysés. Avec sept études territoriales.
Histoire économique --- Banque internationale pour la reconstruction et le développement --- Histoire. --- Banks and banking, International --- Banques internationales --- International economic relations --- Relations économiques internationales --- Law and legislation --- Droit --- History. --- Histoire --- World Bank --- Debts, External --- Developing countries --- Poverty - Developing countries --- Economic assistance - Developing countries --- World Bank - History --- World Bank - Evaluation --- Wereldbank --- Geschiedenis
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Finance & Development, September 2020.
Financial Risk Management --- Macroeconomics --- Environmental Economics --- Diseases: Contagious --- Climate --- Natural Disasters and Their Management --- Global Warming --- Health Behavior --- Debt --- Debt Management --- Sovereign Debt --- Health: General --- International Lending and Debt Problems --- Infectious & contagious diseases --- Finance --- Climate change --- Health economics --- Public finance & taxation --- Health --- COVID-19 --- Education --- Public debt --- Communicable diseases --- Climatic changes --- Debts, External --- Debts, Public --- United States
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Finance & Development, September 2020.
Financial Risk Management --- Macroeconomics --- Environmental Economics --- Diseases: Contagious --- Climate --- Natural Disasters and Their Management --- Global Warming --- Health Behavior --- Debt --- Debt Management --- Sovereign Debt --- Health: General --- International Lending and Debt Problems --- Infectious & contagious diseases --- Finance --- Climate change --- Health economics --- Public finance & taxation --- Health --- COVID-19 --- Education --- Public debt --- Communicable diseases --- Climatic changes --- Debts, External --- Debts, Public --- United States
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Finance & Development, September 2020.
Financial Risk Management --- Macroeconomics --- Environmental Economics --- Diseases: Contagious --- Climate --- Natural Disasters and Their Management --- Global Warming --- Health Behavior --- Debt --- Debt Management --- Sovereign Debt --- Health: General --- International Lending and Debt Problems --- Infectious & contagious diseases --- Finance --- Climate change --- Health economics --- Public finance & taxation --- Health --- COVID-19 --- Education --- Public debt --- Communicable diseases --- Climatic changes --- Debts, External --- Debts, Public --- United States
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Finance & Development, September 2020.
Financial Risk Management --- Macroeconomics --- Environmental Economics --- Diseases: Contagious --- Climate --- Natural Disasters and Their Management --- Global Warming --- Health Behavior --- Debt --- Debt Management --- Sovereign Debt --- Health: General --- International Lending and Debt Problems --- Infectious & contagious diseases --- Finance --- Climate change --- Health economics --- Public finance & taxation --- Health --- COVID-19 --- Education --- Public debt --- Communicable diseases --- Climatic changes --- Debts, External --- Debts, Public --- United States
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