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Books and Analytical Papers > IMF Staff Country Reports

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Cover IMF Staff Country Reports
Mali: Request for Second Tranche of Debt Service Relief Under the Catastrophe Containment and Relief Trust-Press Release; and Staff Report
International Monetary Fund. African Dept.
The COVID-19 pandemic and the August 2020 coup d’état have disrupted more than half a decade of strong economic performance, during which growth averaged 5 percent.1 Growth is projected to decline from 5 percent to -2 percent in 2020 both on account of the pandemic (reflecting a slowdown in external demand, travel, and FDI, as well as the impact of uncertainty and reduced mobility on domestic demand) and of post-coup disruptions in trade, transport, economic and financial flows following the sanctions imposed by the Economic Community of West African States (ECOWAS). Inflation accelerated slightly in recent months but is expected to remain below 2 percent, while the current account deficit is projected to narrow due to higher gold prices (main export) and lower oil prices (main import). Risks around the outlook are exceptionally high in light of the uncertainty surrounding the political transition, the impact of the sanctions on trade and overall activity, and continued deterioration in the security situation. Weak social safety nets amid high informality, food insecurity and a fragile healthcare system exacerbate challenges.
Keywords:
ISCR; CR; IMF lending tracker; tranche of debt service relief; eligible debt service; six-month tranche; expenditure report
Cover IMF Staff Country Reports
Mali: Request for Second Tranche of Debt Service Relief Under the Catastrophe Containment and Relief Trust-Press Release; and Staff Report
International Monetary Fund. African Dept.
The COVID-19 pandemic and the August 2020 coup d’état have disrupted more than half a decade of strong economic performance, during which growth averaged 5 percent.1 Growth is projected to decline from 5 percent to -2 percent in 2020 both on account of the pandemic (reflecting a slowdown in external demand, travel, and FDI, as well as the impact of uncertainty and reduced mobility on domestic demand) and of post-coup disruptions in trade, transport, economic and financial flows following the sanctions imposed by the Economic Community of West African States (ECOWAS). Inflation accelerated slightly in recent months but is expected to remain below 2 percent, while the current account deficit is projected to narrow due to higher gold prices (main export) and lower oil prices (main import). Risks around the outlook are exceptionally high in light of the uncertainty surrounding the political transition, the impact of the sanctions on trade and overall activity, and continued deterioration in the security situation. Weak social safety nets amid high informality, food insecurity and a fragile healthcare system exacerbate challenges.
Keywords:
ISCR; CR; IMF lending tracker; tranche of debt service relief; eligible debt service; six-month tranche; expenditure report
Cover IMF Staff Country Reports
Kingdom of the Netherlands - Netherlands: Selected Issues
International Monetary Fund. European Dept.
This Selected Issues paper analyzes the wage moderation in the Netherlands. Wage growth has been subdued in the Netherlands despite tighter labor market conditions in recent years. Besides various cyclical factors, rising labor market flexibility may have contributed to the wage moderation in the Netherlands. Like other advanced economies, slower productivity growth and lower expected inflation are important drivers to the wage moderation in the recent years. In addition to that, remaining slack in the labor market also weighed on wage growth. Going forward, wages are expected to grow faster given higher expected inflation, foreign wage spillovers, and tightening labor market.
Keywords:
ISCR; CR; cost; pay; Netherlands; wage growth; ETS price; cost containment toolkit; containment challenge; Phillips curve; house price; agreement law; housing supply; Housing prices; Housing; Wages; Health care; Health care spending; Global
Cover IMF Staff Country Reports
United States: Selected Issues
International Monetary Fund. Western Hemisphere Dept.
This Selected Issues paper on United States 2012 Article IV Consultation discusses rebound of manufacturing production. The U.S. share in global manufacturing production declined through most of the past three decades, but it has stabilized since the Great Recession. It currently represents about 20 percent of global manufacturing value added. Interestingly, after a sharp increase during most of the previous decade, China’s share in global manufacturing has also stabilized since the Great Recession, at a level similar to that of the United States. The notion of a manufacturing renaissance has been fuelled partly by the rebound in production since the end of the Great Recession.
Keywords:
ISCR; CR; price; house price; GDP; cost; health care; price change; cost-saving measure; term premium; durable goods production; loan standard; LSAP program; Health care spending; Housing prices; Manufacturing; Health care; Oil; Global; Asia and Pacific
Cover IMF Staff Country Reports
République du Congo: Document de stratégie pour la réduction de la pauvreté : rapport d’étape annuel
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; private sector; civil society; General secretariat; public finance; development program; liberalization policy; production capacity
Cover IMF Staff Country Reports
Republic of Congo: Poverty Reduction Strategy Paper: Annual Progress Report
International Monetary Fund
This paper reviews the first annual progress report (APR) on implementation of the Poverty Reduction Strategy (PRS) in the Republic of Congo. The paper discusses that a number of stages in PRS implementation have already been completed. The PRS is being implemented in an international economic context marked by a severe economic and financial crisis. At the national level, favorable circumstances have enabled Congo to maintain a high level of economic growth averaging nearly 6 percent a year from 2005 to 2009.
Keywords:
ISCR; CR; private sector; civil society; General secretariat; public finance; development program; liberalization policy; production capacity; feasibility study; housing objective; Transportation; Health care; Global; Central Africa
Cover IMF Staff Country Reports
Mexico: 2010 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion
International Monetary Fund
This paper reviews the annual progress report on Poverty Reduction Strategy Paper (PRSP) for Republic of Congo. The adoption of the PRSP in March 2008 was followed by adoption of the Operational Action Plan for implementation of the PRSP. The poverty reduction strategy is being implemented in an international economic context marked by a severe economic and financial crisis. The government has also undertaken significant structural administrative reforms with a view to improving political governance.
Keywords:
ISCR; CR; feasibility study; development plan; private sector; civil society; General secretariat; public finance; housing objective; liberalization policy; Transportation; Health care; Global; Central Africa