Source: International Monetary Fund (IMF) |

IMF Executive Board Concludes 2016 Article IV Consultation with Namibia

Since the financial crisis, Namibia has experienced remarkable growth and economic progress

On December 2, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Namibia. Since the financial crisis, Namibia has experienced remarkable growth and economic progress. Strong policy frameworks and expansionary domestic policies have contributed to macroeconomic stability, robust growth, and rising living standards.…

Source: International Monetary Fund (IMF) |

IMF Executive Board Completes Sixth Review Under ECF Arrangement for Sierra Leone and Approves US$33.23 Million Disbursement

The economy proved resilient, supported by sound macroeconomic policies, together with generous support from development partners that helped ensure fiscal and external sustainability, while providing resources to begin implementing the post-Ebola Recovery Strategy

The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Sierra Leone’s performance under the economic program supported by an Extended Credit Facility (ECF) arrangement[1]. Completion of the review enables the disbursement of SDR24.44million, about US$33.23million, bringing total disbursements under the arrangement to SDR186.66million (about…

Source: International Monetary Fund (IMF) |

IMF Executive Board Completes Sixth Review Under Mali’s ECF and Approves US$25.8 Million Disbursement for Mali

The decision enables the disbursement of SDR19 million (about US$25.8 million), bringing total disbursements under the arrangement to SDR60 million (about US$ 1.3 million)

On December 2, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the sixth review of Mali’s performance under an economic program supported by an Extended Credit Facility (ECF) arrangement. The decision enables the disbursement of SDR19 million (about US$25.8 million), bringing total disbursements under the arrangement to…

Source: International Monetary Fund (IMF) |

IMF Executive Board Approves Extension of the Arrangement under the Extended Credit Facility for Malawi

This extension will provide additional time for the authorities to achieve the program’s objectives

The Executive Board of the International Monetary Fund (IMF) approved on December 5, 2016—without an Executive Board meeting[1]—an extension of Malawi’s arrangement under the Extended Credit Facility (ECF) to June 30, 2017. This extension will provide additional time for the authorities to achieve the program’s objectives. The ECF arrangement for…

Source: International Monetary Fund (IMF) |

IMF Executive Board Completes First and Second Reviews of Guinea-Bissau’s Arrangement Under the Extended Credit Facility, and Approves US$6.9 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first and second reviews of Guinea-Bissau's economic performance under the program supported by an Extended Credit Facility (ECF) arrangement.[1] Completion of the reviews enables the disbursement of SDR 5.112 million (about US$6.9 million), bringing total disbursements under the…

Source: International Monetary Fund (IMF) |

IMF Executive Board Completes Third Review under the PSI for Senegal and Concludes 2016 Article IV Consultation

Program performance through September 2016 has been satisfactory Growth is expected to exceed 6 percent in 2016, while inflation remains low The financial sector should play a stronger role in supporting private-sector led growth The Executive Board of the International Monetary Fund (IMF) completed the third review of Senegal’s economic…

Source: International Monetary Fund (IMF) |

IMF Staff Completes 2016 Article IV Consultation and First Review of the Precautionary and Liquidity Line Mission to Morocco

In 2016, Moroccan economic growth should slow to between 1.5 and 2 percent

An International Monetary Fund (IMF) staff team led by Nicolas Blancher visited Morocco from November 16 to December 1, 2016, to conduct discussions with the Moroccan authorities on the 2016 Article IV consultation, as well as on the first review under the Precautionary and Liquidity Line (PLL) arrangement approved in…

Source: International Monetary Fund (IMF) |

IMF Executive Board Concludes 2016 Article IV Consultation with Cabo Verde

In 2016, growth is forecast to recover to 3.2 percent supported by FDI, domestic demand, agriculture, and tourism, which should benefit from the mild upswing in Europe

On November 18, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation[1] with Cabo Verde. In 2015, economic growth stagnated at 1.5 percent, slightly below the 1.9 percent registered in 2014. Tourism recovered and remittances remained robust, but FDI and public investment slowed.…

Source: International Monetary Fund (IMF) |

Tanzania to Implement the International Monetary Fund’s Enhanced General Data Dissemination System

Making this information easily accessible in both human, license free and machine readable formats will allow all users to have simultaneous access to timely data released on a disciplined dissemination schedule based on an Advance Release Calendar, which will bring greater data transparency

At the request of the authorities a mission from the International Monetary Fund’s Statistics Department led by Mr. Andrew Kitili visited Dar-es-Salaam during October 19‑25, 2016, to assist with the implementation of the Enhanced General Data Dissemination System (e-GDDS), which was endorsed by the Executive Board in May 2015. The mission helped develop…