Narrow Your Choices

Refine By Type

Refine By Countries

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Search Results

You are looking at 1 - 10 of 118 items for :

  • "debt reconciliation exercise" x
Clear All
Cover IMF Staff Country Reports
Union of the Comoros: Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative
International Monetary Fund. African Dept.
In June 2010, the International Development Association (IDA) and the IMF agreed that Comoros had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. As a result of the debt reconciliation exercise for the completion point, the present value of eligible external debt at end-2009 has been revised upward. Full delivery of HIPC assistance together with additional bilateral assistance beyond HIPC and Multilateral Debt Relief Initiative (MDRI) debt relief at the completion point would reduce Comoros’ external debt burden significantly.
Keywords:
ISCR; CR; Comorian authorities; sensitivity analysis; feasibility study; HIPC assistance; reform program; exchange rate; HIPC debt relief; Debt relief; Debt service; Sub-Saharan Africa; Global; Southern Africa; East Africa; Africa
Cover IMF Staff Country Reports
Union of the Comoros
Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative
International Monetary Fund. African Dept.

-2009 was revised upward from the decision point, following the debt reconciliation exercise . The staffs of IDA and the IMF, together with the Comorian authorities, have reviewed the stock of debt at the end of December 2009 presented in the decision point document against recent creditor information. As a result, the nominal stock as of end-2009 has increased by US$5.3 million from US$286.8 million to US$292.2 million ( Figure A1 and Table A2 ); and the PV of debt after traditional debt relief has been revised upward by US$1.2 million, from US$257.4 million to US

Keywords:
ISCR; CR; Comorian authorities; sensitivity analysis; feasibility study; HIPC assistance; reform program; HIPC relief; IMF staff estimate; energy strategy
Cover IMF Staff Country Reports
Zimbabwe: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for Zimbabwe
International Monetary Fund. African Dept.
This 2014 Article IV Consultation highlights that economic rebound in Zimbabwe experienced since the end of hyperinflation in 2009 has now ended. After averaging 10 percent over 2009–2012, growth fell to an estimated 3.3 percent in 2013, reflecting tight liquidity conditions, election-year uncertainty, weak demand for key exports, competitiveness pressures, and the impact of adverse weather conditions. Inflation continued its downward trend from 2.9 percent (year over year) at end-2012 to ?0.3 percent in April 2014. The medium-term outlook, under the baseline scenario, is for growth to average some 4 percent, as large mining sector investments reach full capacity.
Keywords:
ISCR; CR; authority; Zimbabwean authorities; GDP; debt; Zimbabwe; authorities' announcement; debt stock; debt reconciliation exercise; liquidity condition; expenditure measure; Arrears; Public and publicly-guaranteed external debt; External sector statistics; Africa; Asia and Pacific
Cover IMF Staff Country Reports
Statement by Mr. Mahlinza, Executive Director, and Mr. Abdullahi, Advisor on Somalia March 24, 2020
International Monetary Fund. Middle East and Central Asia Dept.

focusing on the introduction of the harmonized HS codes at the three regional ports, development of a guidance manual training, and installation of a common IT system with the support of development partners. 10. The authorities are determined to maintain debt sustainability beyond the HIPC Completion Point. In this regard, they are building the necessary institutional structure to manage the country’s debt with support from the Fund and other partners. Further, the authorities have already conducted a debt reconciliation exercise and have established a computerized

Keywords:
ISCR; CR; authority; Somali authorities; financing; reform; financing package; government transaction; concessional donor financing; macroeconomic challenge; HIPC decision point; Debt relief; Arrears; Global; customs reform roadmap; medium-term objective; debt management reform; debt reconciliation exercise; public finance management; Anti-money laundering and combating the financing of terrorism (AML/CFT); Corruption
Cover IMF Staff Country Reports
Front Matter
Mr. Thomas William Dorsey

such waivers as satisfactory progress has been made before and after the post-elections crisis. 3. The debt reconciliation exercise resulted in a slight upward revision of the stock of HIPC-eligible external debt in PV terms at end-2007 . This revision is due to the upward revision of debt to other official bilateral and commercial creditors, partly offset by a small decrease in debt to multilateral creditors. As a result, the end-2007 PV of debt after traditional relief has been revised from $12,759.3 million to $12,878.8 million, and the end-2007 PV of required

Keywords:
ISCR; CR; World Bank's International Development Association; HIPC completion point; HIPC process; government; IDA credit; MDRI relief from the IMF; PV terms; Debt relief; Debt service; Agricultural commodities; Budget execution and treasury management; Debt reduction; Africa; Global; West Africa; debt reconciliation exercise; IDA assistance; post-completion-point repayment obligation; completion point; Poverty reduction strategy; Debt sustainability analysis
Cover IMF Staff Country Reports
Côte d'Ivoire
Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative; Press Release
Mr. Thomas William Dorsey

months prior to the proposed completion point. 36. Based on the progress outlined above, the staffs of IDA and the IMF consider the two completion point triggers concerning governance of the coffee and cocoa sector to have been met . III. Updated Debt Relief and Debt Sustainability Analysis A. Revision of Data Reconciliation Exercise as of the Decision Point 37. The stock of HIPC-eligible external debt in present value (PV) terms at end-2011 was revised upward slightly from the decision point, following the debt reconciliation exercise . The staffs of

Keywords:
ISCR; CR; World Bank's International Development Association; HIPC completion point; HIPC process; government; IDA credit; MDRI relief from the IMF; PV terms; Debt relief; Debt service; Agricultural commodities; Budget execution and treasury management; Debt reduction; Africa; Global; West Africa; debt reconciliation exercise; HIPC assistance; debt ratio; GDP deflator
Cover IMF Staff Country Reports
Zimbabwe: First and Second Reviews Under the Staff Monitored Program
International Monetary Fund. African Dept.
EXECUTIVE SUMMARY Zimbabwe’s performance under the Staff-Monitored Program (SMP) has been broadly satisfactorily through the difficult electoral transition period, and the authorities have taken corrective measures to restore a track record of policy implementation going forward. In the attached Letter of Intent (LOI), the authorities outline progress in implementing the SMP; the agreed quantitative targets and structural benchmarks to be monitored for the third review; and their plans to advance the structural reform agenda and to more generally strengthen performance under the SMP. Performance under the staff-monitored program. The SMP provided a useful anchor for Zimbabwe in an election year. However, progress in implementing the program was slowed by a long electoral process and a protracted post-election transition, as well as an adverse external environment. Thus, a number of quantitative targets and structural benchmarks were not met. The authorities have began implementing policy measures and a program of reforms aimed at addressing the fiscal gap that has emerged for 2014; improving the quality of public expenditures; enhancing financial sector stability; and moving forward delayed structural reform measures. The authorities have reiterated their continued commitment to the policies agreed under the SMP, and to enhanced engagement with the creditors and the international community. The authorities have agreed to the publication of the Letter of Intent, and the staff report.
Keywords:
ISCR; CR; IMF agreement; implementation; assistance; progress; policy implementation; clearance framework; reconciliation exercise; GDP series; Arrears; Fiscal stance; International reserves; Africa
Cover IMF Staff Country Reports
Zimbabwe: Second Review Under the Staff-Monitor Program-Press Release; and Staff Report
International Monetary Fund. African Dept.
This paper discusses Zimbabwe’s Second Review of the Staff-Monitored Program. The program is on track. Four of the five quantitative targets for end-June 2015, and all the structural benchmarks for the second review were met. Although a recently contracted $200 million nonconcessional loan breached the quantitative target on nonconcessional borrowing, it avoided the accumulation of additional external arrears. The IMF staff welcomes the authorities’ intentions to continue seeking financing through grants and loans that are as concessional as possible, and to limit contracting non-concessional loans to within the ceiling set under the program, and to prioritize investment that would eventually raise Zimbabwe’s capacity to repay.
Keywords:
ISCR; CR; management of the International Monetary Fund; reform; reform agenda; earnings; international financial institutions; reconciliation exercise; IMF staff estimate; Zimbabwean authorities; debt stock; legacy debt obligation; Arrears; Fiscal stance; Currencies; Global