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Computers > Data Transmission Systems

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Cover IMF Staff Country Reports
Haiti: Staff-Monitored Program-Extension and Modification of Performance Criteria-Press Release; and Staff Report
International Monetary Fund. Western Hemisphere Dept.
This paper focuses on Haiti’s Staff-Monitored Program (SMP) on Extension and Modification of Performance Criteria. Management of the IMF approved a nine-month extension of the SMP with Haiti covering the period through September 2024 to help the country establish a solid record of accomplishment of policy implementation. This SMP focuses on strengthening governance, fighting corruption, enhancing transparency and accountability in the use of public spending, including through data transparency to help ensure public funds are used appropriately. The new additional benchmarks entail the publication of the IMF governance diagnostics report and an associated action plan agreed by the authorities. In addition, it covers the provision of more granular monetary data, including detailed information on government deposits at the central bank and the publication of core macroeconomic and financial indicators according to timeliness, and periodicity of the Enhanced General Data Dissemination System. It also contains the publication of the upcoming annual audit of the central bank for FY2023, undertook, as usual practice, by an independent international audit firm.
Keywords:
IMF governance diagnostic; SMP staff report; SMP objective; SMP extension; nd IMF staff; Corruption; Central bank transparency; Customs administration core functions
Cover IMF Staff Country Reports
Malta: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malta
International Monetary Fund. European Dept.
The 2023 Article IV Consultation highlights that Malta has experienced an impressive recovery from the pandemic and demonstrated resilience to shocks resulting from Russia’s invasion of Ukraine. The challenge for the medium term is to ensure a robust policy framework to foster strong, socially- and environmentally-sustainable, and inclusive growth. Risks to the outlook are tilted to the downside in part due to spillover effects from a possible escalation of Russia’s war in Ukraine or of the Israel–Gaza conflict, as well as a deeper-than-expected economic downturn in Europe. Domestically, wage and inflationary pressures could be higher and more persistent. On the upside, lower-than-expected commodity prices would help decelerate inflation, ease fiscal pressures, and boost growth. Key priorities include containing demand pressures by accelerating fiscal consolidation, exiting gradually from the current fixed energy price policy while protecting vulnerable groups, maintaining financial stability, and boosting structural reform efforts. Boosting productivity will be imperative to achieve strong, socially-and environmentally sustainable, and inclusive growth.
Keywords:
IMF staff calculation; government energy policy; SDDS preparation; lower-than-expected commodity price; anti-corruption framework; Energy prices; Inflation; External sector statistics; Global; Europe