Category Archives: IMF AFRICA
Africa IMF Reports : Algeria 2011
IMF Reports for Algeria 2011
The following IMF reports for Algeria have been collated from IMF.org.
Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Algeria
http://www.imf.org/external/np/sec/pn/2011/pn1110.htm
IMF Survey: Algeria Should Reduce Reliance on Oil, Create More Jobs, Says IMF Algeria’s economy, dominated by its oil and natural gas industry, must diversify its exports and create jobs to help tackle its problem of high youth employment, the IMF says.
http://www.imf.org/external/pubs/ft/survey/so/2011/int012611a.htm
Country Report No. 11/39: Algeria: 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Algeria
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24620.0
Country Report No. 11/40: Algeria: Statistical Appendix
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24621.0
Country Report No. 11/41: Algeria: Selected Issues Paper
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24622.0
IMF Survey: Mideast Unrest Shows Need to Consider Bigger Picture Unrest in the Middle East has highlighted the need to look beyond traditional measures when evaluating the economies of member countries, IMF Managing Director Dominique Strauss-Kahn told reporters.
http://www.imf.org/external/pubs/ft/survey/so/2011/car040811b.htm
Working Paper No. 11/143: Will Natural Gas Prices Decouple from Oil Prices across the Pond? Author/Editor: De Bock, Reinout ; Gijon, Jose G Summary: We show that US natural gas prices have decoupled from oil prices following substantial institutional and technological changes. We then examine how this interrelationship has evolved in Europe using data for Algeria, one of Europe’s key gas suppliers. Taking into account total gas exports and cyclical conditions in partner countries, we find that gas prices remain linked to oil prices, though the nexus has loosened. Both high oil prices and a modest industrial recovery in partner countries have kept gas exports at low levels in recent years, suggesting changing market forces. The paper then shows how such shifts can have important macroeconomic implications for a big gas exporter such as Algeria.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24980.0
Press Release: Statement at the Conclusion of an IMF Article IV Mission to Algeria
http://www.imf.org/external/
All info from http://www.imf.org
Suggested Books
Library of Congress profile of Algeria
Martin Evans and John Phillips explore Algeria’s recent and very bloody history, demonstrating how the high hopes of independence turned into anger as young Algerians grew increasingly alienated.
Africa IMF Reports : Swaziland 2010
Swaziand. Image via Wikipedia
IMF reports for Swaziland 2010
Press Release: Statement at the Conclusion of an IMF Mission to the Kingdom of Swaziland
http://www.imf.org/external/np/sec/pr/2010/pr10424.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Book (US)
Related articles
- Analysis: Swaziland mulls multi-million dollar bailout (IRINnews.org)
- Swaziland’s economy near collapse, says IMF (apperi.org)
Africa IMF Reports : Nigeria 2010
Abavo Market, Nigeria
[Photo credit: airpanther]
IMF reports for Nigeria 2010
Press Release
Statement at the Conclusion of an IMF Mission to Nigeria
http://www.imf.org/external/np/sec/pr/2010/pr10459.htmTranscript of the Civil Society Organizations Townhall Meeting (includes Nigeria)
http://www.imf.org/external/np/tr/2010/tr100710cso.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books (US)
Africa IMF Reports : Somalia 2010
Links to IMF reports for Somalia 2010
IMF Policy Paper
Review of the Fund’s Strategy on Overdue Financial Obligations
Summary: This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations. Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million. Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations falling due, and a decrease in Somalia’s arrears resulted from the full settlement of its overdue obligations to the SDR Department in the context of the general SDR allocation in August 2009.
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- Somalia: Economy without State (African Issues)
- Modern History Of The Somali: Revised/Fourth Edition (Eastern African Studies)
Africa IMF Reports : Uganda 2010
Pic by Neil Palmer (CIAT). The rolling, cultivated hillsides of southwestern Uganda.
[Photo credit: CIAT - International Center for Tropical Agricultu]
IMF report for Uganda 2010
Country Report No. 10/272: South Africa
Report on Observance of Standards and Codes
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24176.0IMF Survey: New Financing Sources for Africa’s Infrastructure Deficit
Four African countries aim to boost infrastructure budgets with new financing sources as they chase higher economic growth rates. Policy programs in Mozambique, Rwanda, Tanzania, and Uganda allow for less concessional financing from development banks, more public-private partnerships; and, potentially, external sovereign bond issues.
http://www.imf.org/external/pubs/ft/survey/so/2010/car072110b.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- Crisis, Adjustment and Growth in Uganda: A Study of Adaptation in an African Economy (Studies in the African Economies)
- Uganda, 5th: The Bradt Travel Guide
Africa IMF Reports : Tanzania 2010
IMF Reports for Tanzania 2010
IMF Survey: New Financing Sources for Africa’s Infrastructure Deficit
Four African countries aim to boost infrastructure budgets with new financing sources as they chase higher economic growth rates. Policy programs in Mozambique, Rwanda, Tanzania, and Uganda allow for less concessional financing from development banks, more public-private partnerships; and, potentially, external sovereign bond issues.
http://www.imf.org/external/pubs/ft/survey/so/2010/car072110b.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html.
Suggested Books
Beyond the World Bank Agenda: An Institutional Approach to Development
Africa IMF Reports : São Tomé and PrÃncipe 2010
- Sao Tome
[Photo credit: saotome_00]
IMF reports for São Tomé and PrÃncipe 2010
Press Release: Statement at the Conclusion of an IMF Mission to the Democratic Republic of São Tomé and PrÃncipe
http://www.imf.org/external/np/sec/pr/2010/pr10429.htmPress Release: Statement at the Conclusion of an IMF Mission to the Democratic Republic of São Tomé and PrÃncipe
http://www.imf.org/external/np/sec/pr/2010/pr10208.htmCountry Report No. 10/100: Democratic Republic of São Tomé and PrÃncipe: First Review Under the Three Year Arrangement Under the Extended Credit Facility Arrangement, and Request for Waivers of Performance Criteria – Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23813.0Country’s Policy Intentions Documents — São Tomé and PrÃncipe, Democratic Republic of: Letter of Intent, Memorandum of Economic and Financial Polieis, and Technical Memorandum of Understanding, February 1, 2010
http://www.imf.org/External/NP/LOI/2010/stp/020110.pdfPress Release: IMF Executive Board Completes the First Review of São Tomé and PrÃncipe’s ECF Arrangement and Approves a US$570,000 Disbursement
http://www.imf.org/external/np/sec/pr/2010/pr1065.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
- Sao Tome and Principe (Bradt Travel Guide)
Related articles
- ‘The Chocolate Islands’ (africaunchained.blogspot.com)
- The Dark Tower: Found! (darkroastedblend.com)
Africa IMF Reports : Niger 2010
Niamey - River Niger
[Photo credit: Guillaume Colin]
IMF Reports for Niger 2010
Press Release
Statement at the Conclusion of an IMF Mission to Niger
http://www.imf.org/external/np/sec/pr/2010/pr10369.htmIMF Policy Paper: Niger – 2010
Assessment Letter for the European Union and African Development Bank
Summary: Niger’s macroeconomic performance and policies through end-January 2010 were assessed in the IMF Country Report No. 10/146, issued following the completion of the third program review under the arrangement under the Extended Credit Facility (ECF) from the IMF. Since the military intervention in February, the near-term growth outlook has weakened, reflecting the intensity of the food crisis and some contraction in public spending, but the outlook for 2011 is broadly favorable provided that budgetary policies remain appropriately cautious, that normal weather conditions prevail, and that donor support for Niger picks up.
http://www.imf.org/external/pp/longres.aspx?id=4470Country Report No. 10/146: Niger
Third Review Under the Three-Year Arrangement Under the Extended Credit Facility – Staff Report; Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Niger
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23908.0Country’s Policy Intentions Documents — Niger
Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 21, 2010
http://www.imf.org/External/NP/LOI/2010/ner/012110.pdfPress Release
IMF Executive Board Completes Third Review Under the Extended Credit Facility Arrangement for Niger and Approves US$5 Million Disbursement
http://www.imf.org/external/np/sec/pr/2010/pr1036.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html.
Suggested Books
- Public Expenditure Management and Financial Accountability in Niger (World Bank Country Study)
- Niger: The Bradt Travel Guide
Africa IMF Reports : Namibia 2010
IMF reports for Namibia 2010
Country Report No. 10/269: Namibia: 2010
Article IV Consultation – Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24172.0Public Information Notice
IMF Executive Board Concludes 2010 Article IV Consultation with Namibia
http://www.imf.org/external/np/sec/pn/2010/pn10116.htmPress Release
Statement at the Conclusion of an IMF Article IV Mission to Namibia
http://www.imf.org/external/np/sec/pr/2010/pr10214.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- Africa and IMF Conditionality: The Unevenness of Compliance, 1983-2000 (African Studies)
- Namibia, 3rd: The Bradt Travel Guide
Africa IMF Reports : Mali 2010
Mopti market, Mali
[Photo credit: emilio labrador]
IMF reports for Mali 2010
Press Release
Statement at the Conclusion of an IMF Mission to Mali
http://www.imf.org/external/np/sec/pr/2010/pr10427.htmWorking Paper No. 10/237: The Impact of the Great Recession on Emerging Markets
Author/Editor: Llaudes, Ricardo ; Salman, Ferhan ; Chivakul, Mali
Summary: This paper examines the impact of the recent global crisis on emerging market economies (EMs). Our cross-country analysis shows that the impact of the crisis was more pronounced in those EMs that had initial weaker fundamentals and greater financial and trade linkages. This effect is observed along a number of dimensions, such as growth, stock market performance, sovereign spreads, and credit growth. This paper also shows that during this crisis, pre-crisis reserve holdings helped to mitigate the initial growth collapse. This finding contrasts with other studies that fail to find a significant relationship between reserves and the growth decline. This paper argues that our preferred measure of impact is a more accurate reflection of the true impact of the crisis on EMs.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24286.0Country Report No. 10/266: Mali
Poverty Reduction Strategy Paper-Progress Report
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24147.0Country Report No. 10/255: Mali-2010
Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of Performance Criteria
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24115.0Public Information Notice
IMF Executive Board Concludes 2010 Article IV Consultation with Mali
http://www.imf.org/external/np/sec/pn/2010/pn1096.htmCountry’s Policy Intentions Documents — Mali
Letter of Intent and Technical Memorandum of Understanding, June 28, 2010
http://www.imf.org/External/NP/LOI/2010/mli/062810.pdfPress Release
IMF Executive Board Completes Fourth Review Under ECF Arrangement for Mali
http://www.imf.org/external/np/sec/pr/2010/pr10294.htmWorking Paper No. 10/126: Mining Taxation: An Application to Mali
Author/Editor: Thomas, Saji
Summary: Mali’s gold sector is an enclave with weak forward and backward linkages with the rest of the economy. Given the predominance of the fiscal transmission channel, it is important that the design of the mineral tax regime gives the state a fair share of the benefits. Using optimal control theory, this paper estimates that the optimal royalty tax in Mali is about 3.5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the fiscal regimes in other sub-Saharan African countries in its mix of tax instruments and tax structure.
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23859.0Press Release
Statement of the IMF Mission at the Conclusion of its Visit to Mali
http://www.imf.org/external/np/sec/pr/2010/pr10147.htmCountry Report No. 10/64: Mali
Third Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for a Modification of Performance Criteria – Staff Report; Joint IMF/IDA Debt Sustainability Analysis; Press Release; and Statement by the Executive Director for Mali
http://www.imf.org/external/pubs/cat/longres.cfm?sk=23702.0Country’s Policy Intentions Documents — Mali
Letter of Intent and Technical Memorandum of Understanding, December 23, 2009
http://www.imf.org/External/NP/LOI/2009/mli/122309.pdfPress Release
IMF Executive Board Completes Second Review Under ECF Arrangement for Mali
http://www.imf.org/external/np/sec/pr/2010/pr1023.htm
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html.
All information from http://www.imf.org
Book Suggestion
Africa IMF Reports : Democratic Republic of Congo 2010
Kinshasa, Democratic Republic of Congo
[Photo credit: Adam Huggins]
IMF reports for Democratic Republic of Congo 2010
Country Report No. 10/360: Democratic Republic of the Congo
Enhanced Initiative for Heavily Indebted Poor Countries – Completion Point Document and Multilateral Debt Relief Initiative Paper
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24500.0
Country’s Policy Intentions Documents — Congo, Democratic Republic of the
Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 15, 2010
http://www.imf.org/External/NP/LOI/2010/cod/061510.pdfCountry Report No. 10/328: Democratic Republic of the Congo
Poverty Reduction Strategy Paper-Progress Report
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24302.0Country Report No. 10/327: Democratic Republic of the Congo
Poverty Reduction Strategy Paper-Progress Report-Joint Staff Advisory Note
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24301.0Country Report No. 10/329: Democratic Republic of the Congo
First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Congo, Democratic Republic of the. Democratic Republic of the Congo
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24305.0Press Release
Statement at the Conclusion of a Staff Visit to the Democratic Republic of the Congo
http://www.imf.org/external/np/sec/pr/2010/pr10345.htmPress Release: IMF Executive Board Completes First Review Under ECF Arrangement for the Democratic Republic of the Congo and Approves US$73.20 Million Disbursement
http://www.imf.org/external/np/sec/pr/2010/pr10271.htmPress Release: IMF and World Bank Announce US$12.3 billion in Debt Relief for the Democratic Republic of the Congo
http://www.imf.org/external/np/sec/pr/2010/pr10274.htmIMF Survey: IMF, World Bank Support $12.3 Billion Debt Relief for DR Congo
The IMF and the World Bank support debt relief worth $12.3 billion for the Democratic Republic of the Congo under the Heavily Indebted Poor Countries Initiative. Additional resources released will help create room in the national budget for spending on priority domestic programs.
http://www.imf.org/external/pubs/ft/survey/so/2010/car070110a.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books (US)
- The Democratic Republic of Congo: Economic Dimensions of War and Peace (International Peace Academy Occasional Paper)
- Postconflict Economics In Sub-saharan Africa: Lessons From The Democratic Republic Of The Congo
Africa IMF Reports : Lesotho 2010
IMF reports for Lesotho 2010
Country Report No. 10/225: Kingdom of Lesotho
Request for a Three-Year Arrangement Extended Fund Facility Arrangement – Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; Statement by the Executive Director for the Kingdom of Lesotho
http://www.imf.org/external/pubs/cat/longres.cfm?sk=24066.0
Country’s Policy Intentions Documents — Lesotho
Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 17, 2010
http://www.imf.org/External/NP/LOI/2010/lso/051710.pdf
Press Release
IMF Executive Board Approves US$61.4 Million Three-year ECF Arrangement for the Kingdom of Lesotho
http://www.imf.org/external/np/sec/pr/2010/pr10224.htm
All information from http://www.imf.org
To view and print pdf files you need the free Adobe Acrobat Reader which is available at http://www.adobe.com/products/acrobat/readstep.html
Suggested Books
- South Africa Lesotho & Swaziland (Country Guide)
- Lesotho: 2000 Article IV Consultation and Request for a Three-year Agreement Under the Poverty Reduction and Growth Facility (IMF Country Report)
