International Monetary Fund. Western Hemisphere Dept.
publish the audited financial statements in accordance with the Safeguards Policy. However, implementation of IFRS remains in progress.
Strengthening liquidity management tools is important to deepen financial markets. Efforts to strengthen short-term liquidity management should continue, with a stronger focus on calibration, choice of instruments, and monitoring of liquiditydevelopments. Introducing a short-term policy rate and a corridor will reduce interest rate volatility, deepen financial markets and, eventually, may provide some cushion against external shocks