Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon
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Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon
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Author : International Monetary
language : fr
Publisher: International Monetary Fund
Release Date : 2022-09-23
Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon written by International Monetary and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-23 with Business & Economics categories.
Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$ 689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program. This followed two disbursements in 2020 under the Rapid Credit Facility (RCF) totaling SDR 276 million, equivalent to about US$382 million or 100 percent of Cameroon’s quota.
Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon
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Author : International Monetary
language : en
Publisher: International Monetary Fund
Release Date : 2022-03-11
Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon written by International Monetary and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-11 with Business & Economics categories.
Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$ 689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program. This followed two disbursements in 2020 under the Rapid Credit Facility (RCF) totaling SDR 276 million, equivalent to about US$382 million or 100 percent of Cameroon’s quota.
Armed Conflict Survey 2022
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Author : The International Institute for Strategic Studies (IISS)
language : en
Publisher: Taylor & Francis
Release Date : 2022-11-18
Armed Conflict Survey 2022 written by The International Institute for Strategic Studies (IISS) and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-18 with Political Science categories.
The Armed Conflict Survey 2022 provides an exhaustive review of the political, military and humanitarian dimensions of 33 active armed conflicts globally in the period from 1 March 2021 to 30 April 2022. The review is complemented by a strategic analysis of national, regional and global drivers and conflict outlooks, providing unique insights into the geopolitical and geo-economic threads linking conflicts across the world, as well as into emerging flashpoints and political risks. This edition includes a special feature on climate security given the increasingly urgent need to understand the complex interlinkages between climate change, climate vulnerability and conflict amid accelerating global warming. Reflecting the growing importance of geopolitical factors in the current global conflict landscape, The Armed Conflict Survey 2022 features the IISS Armed Conflict Global Relevance Indicator, which compares the global relevance of armed conflicts in terms of their geopolitical impact, as well as their human impact and intensity. This edition also includes maps, infographics and key statistics, as well as the accompanying Chart of Armed Conflict.
Barbados
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Author : International Monetary Fund. Western Hemisphere Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-10-04
Barbados written by International Monetary Fund. Western Hemisphere Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-04 with Business & Economics categories.
The key objectives of the program are to restore macroeconomic and debt sustainability, address falling reserves, and increase growth. The new government, which took office in late May, has committed to fiscal consolidation and structural reform as key tools for macroeconomic adjustment.
The Gambia
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2021-01-28
The Gambia written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-28 with Business & Economics categories.
The IMF Executive Board approved, on March 23, 2020, a 39-month Extended Credit Facility (ECF) arrangement in the amount of SDR 35 million (56.3 percent of quota) for The Gambia. The Gambia benefited from a Rapid Credit Facility (RCF) disbursement of SDR 15.55 million (25 percent of quota) approved on April 15, 2020 and is receiving debt service relief under the Catastrophe Containment and Relief Trust (CCRT) expected to total SDR 7.9 million (SDR 4.2 million of which has already been approved), to help meet heightened balance-of-payments and fiscal financing needs due to the impact of the COVID-19 pandemic. While indicators point to a domestic weakening of the pandemic, the authorities are seeking an ECF augmentation of SDR 20 million (32.15 percent of quota) to meet balance-of-payments needs arising from fiscal measures to stimulate the economic recovery in 2021, strengthen public health preparedness, increase social spending to mitigate the effects of the pandemic. They are also requesting a waiver of nonobservance of a continuous performance criterion (a zero ceiling) on new external payment arrears of the central government.
A Review Of The Role And Impact Of Export Processing Zones
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Author : Dorsati Madani
language : en
Publisher: World Bank Publications
Release Date : 2003
A Review Of The Role And Impact Of Export Processing Zones written by Dorsati Madani and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Globalization categories.
As instruments for encouraging economic development, export processing zones have only limited usefulness. A better policy choice is general liberalization of a country's economy.
Collateralized Transactions
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2020-02-19
Collateralized Transactions written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-19 with Business & Economics categories.
In a response to a request from the G20 IFA Working Group, this note provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective. The work of the IMF and World Bank suggests that the availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances, but also points to pitfalls.
The Political Economy Of Energy Subsidy Reform
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Author : Gabriela Inchauste
language : en
Publisher: World Bank Publications
Release Date : 2017-03-22
The Political Economy Of Energy Subsidy Reform written by Gabriela Inchauste and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-22 with Business & Economics categories.
This book proposes a simple framework for understanding the political economy of subsidy reform and applies it to four in-depth country studies covering more than 30 distinct episodes of reform. Five key lessons emerge. First, energy subsidies often follow a life cycle, beginning as a way to stabilize prices and reduce exposure to price volatility for low-income consumers. However, as they grow in size and political power, they become entrenched. Second, subsidy reform strategies vary because the underlying political economy problems vary. When benefits are concentrated, satisfying (or isolating) interest groups with alternative policies is an important condition for effective reform. When benefits are diffuse, it can be much harder to identify and manage the political coalition needed for reform. Third, governments vary in their administrative and political capacities to implement difficult energy subsidy reforms. Fourth, improvements in social protection systems are often critical to the success of reforms because they make it possible to target assistance to those most in need. Finally, the most interesting cases involve governments that take a strategic approach to the challenges of political economy. In these settings, fixing energy subsidies is central to the governments’ missions of retaining political power and reorganizing how the government delivers benefits to the population. These cases are examples of “reform engineering,†? where governments actively seek to create the capacity to implement alternative policies, depoliticize tariffs, and build credibility around alternative policies. The most successful reforms involve active efforts by policy leaders to identify the political forces supporting energy subsidies and redirect or inoculate them.
Fidic A Guide For Practitioners
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Author : Axel-Volkmar Jaeger
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-11-11
Fidic A Guide For Practitioners written by Axel-Volkmar Jaeger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-11 with Law categories.
In 1999, a suite of three new conditions of contract was published by FIDIC, following the basic structure and wording harmonised and updated around the previous FIDIC Design-Build and Turnkey Contract (the 1992 ‘‘Orange Book’’). These conditions, known as the ‘‘FIDIC rainbow, were the Conditions of C- tract for: l Construction, the so-called Red Book, for works designed by the Employer l Plant and Design-Build, the so-called Yellow Book, for works designed by the Contractor l EPC/Turnkey Projects, the so-called Silver Book, for works designed by the Contractor The ?rst is intended for construction works where the Employer is responsible for the design, as for per the previous so-called Red Book 4th Edition (1987), with an important role for the Engineer. The other two conditions of contract are intended for situations when the Contractor is responsible for the design. The Plant and Design-Build Contract has the traditional Engineer while the EPC/Turnkey Contract has a two-party arran- ment, generally with an Employer’s Representative as one of the parties.
Sierra Leone
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-12-18
Sierra Leone written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-18 with Business & Economics categories.
Sierra Leone is a fragile state. Since emerging from a decade-long civil war in 2001, the country has made notable economic progress but has also suffered occasional setbacks, such as the Ebola Virus Disease epidemic of 2014. A three-year ECF arrangement was approved June 2017 to help address Sierra Leone’s macroeconomic weaknesses—in particular, low revenue, elevated inflation, high public debt, and inadequate foreign exchange reserve buffers—which had been exacerbated by the Ebola crisis and a collapse in iron ore prices (Country Report No. 17/154). However, the program went off track shortly after approval as lackluster revenue performance and expenditure overruns led to a budget cash shortfall and a growing stock of budget arrears. With the authorities unable to take corrective actions ahead of the March 2018 presidential elections the first review of the program was put on hold. Since then elections have produced a new government, marking the first change of power in ten years. This government has taken a number of corrective actions over the last six months with the aim of reviving the program engagement with the IMF.
