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Africa > Sierra Leone

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Cover Policy Papers
Implementation Plan in Response to The Board - Endorsed Recommendations from The IEO Evaluation Report on Growth and Adjustment in IMF - Supported Programs
International Monetary Fund. Strategy, Policy, & Review Department
This management implementation plan (MIP) proposes actions in response to the Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs. The full implementation of the MIP package will help ensure that, at a time when many countries face strong headwinds, IMF-supported programs not only deliver necessary adjustment to address balance of payments needs but also pay greater attention to their growth effects. While the policy-related deliverables are already incorporated into current departmental work plans and budgets, the operational implementation of these recommendations may require mobilizing additional resources.
Keywords:
IEO recommendation; IEO evaluation; financing envelope; IEO report; implementation plan; Structural reforms; Training and development in revenue administration; Fiscal multipliers; Fiscal consolidation; Contingency planning; Sub-Saharan Africa; Global
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the fifteenth such report and provides information through September 1, 2014
Keywords:
article IV discussion; LTPE definition EPA report; Grenada EPA; Haiti EPA report; EPA update
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the fourteenth such report and provides information through July 1, 2013.
Keywords:
article IV discussion; LTPE definition; ECF arrangement; EPA report; LTPE status
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements.2 In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the thirteenth such report and provides information through June 27, 2012.
Keywords:
article IV discussion; EPA update; LTPE definition; EPA report; LTPE status
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the twelfth such report and provides information through June 22, 2011.
Keywords:
article IV discussion; EPA update; Longer-term program engagement; EPA requirement; LTPE definition
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
The decision on IMF membership in the Financial Stability Board (as set forth above) was adopted by the IMF’s Executive Board.
Keywords:
EPA update; LTPE definition; EPA requirement; EPA report; Gra arrangement
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
During the discussion of the conclusions of the Task Force on Prolonged Use of Fund Resources, the Executive Board requested semi annual reports on the incidence of Longer-Term Program Engagement (LTPE). This is the sixth such report which provides information through June 2006.
Keywords:
article IV discussion; program review discussion; EPA discussion; definition of LTPE; LPTE definition
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
The assessments are intended to provide an analysis of the economic problems facing the member and a critical and frank review of progress during the period of Fund-supported programs, as the basis for a forward-looking assessment and strategy for future Fund engagement, including, where appropriate, an explicit exit strategy.
Keywords:
article IV discussion; program review discussion; EPA discussion; definition of LTPE; LPTE definition
Cover IMF Staff Papers
IMF Staff papers: Volume 29 No. 1
International Monetary Fund. Research Dept.
This paper analyzes determinants of the evolution of exchange rates within the context of alternative models of exchange rate dynamics. The overshooting hypothesis is examined in models that emphasize differential speeds of adjustment in asset and goods markets as well as in models that emphasize portfolio balance considerations. It is shown that exchange rate overshooting is not an intrinsic characteristic of the foreign exchange market and that it depends on a set of specific assumptions. It is also shown that the overshooting is not a characteristic of the assumption of perfect foresight, nor does it depend in general on the assumption that goods and asset markets clear at different speeds. If the speeds of adjustment in the various markets are less than infinite, the key factor determining the short-run effects of a monetary expansion is the degree of capital mobility. When capital is highly mobile, the exchange rate overshoots its long-run value, and when capital is relatively immobile, the exchange rate undershoots its long-run value. When internationally traded goods are a better hedge against inflation than nontraded goods, the nominal exchange rate overshoots the domestic price level, and conversely.
Keywords:
SP; interest rate; rate of interest; asset market; exchange market intervention; banking system; excess demand; Exchange rates; Monetary aggregates; Islamic banking; Monetary base; Real exchange rates; West Africa; Middle East; Eastern Europe; Caribbean; Global