Barbados Fifth Review Under The Extended Arrangement Request For Waiver Of Nonobservance Of Performance Criterion And Modification Of Performance Criteria Press Release Staff Report And Statement By The Executive Director For Barbados PDF Download

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Barbados: Fifth Review Under the Extended Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Barbados

Barbados: Fifth Review Under the Extended Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Barbados
Author: International Monetary
Publisher: International Monetary Fund
Total Pages: 86
Release: 2021-06-18
Genre: Business & Economics
ISBN: 1513577166

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Barbados has made good progress in implementing its Economic Recovery and Transformation (BERT) plan to restore fiscal and debt sustainability, rebuild reserves, and increase growth. International reserves have increased to US$1.3 billion at end-March 2021, supported by IFI loans. This, and a successful 2018-19 public debt restructuring, have helped rebuild confidence in the country’s macroeconomic framework. However, a virtual standstill in the tourism sector during the pandemic took a significant toll in 2020, with the economy contracting by 18 percent. While Barbados was successful in containing the outbreak during 2020, a surge in COVID-19 cases in early 2021 resulted in the country’s second national lockdown in February. Economic growth is projected at 3 percent for 2021 premised on a modest recovery of tourism in the second half of the year, but the outlook remains highly uncertain, and risks are elevated, also in light of the possible impact of recent volcanic activity in neighboring Saint Vincent.


Revenue Statistics in Latin America and the Caribbean 2022

Revenue Statistics in Latin America and the Caribbean 2022
Author: OECD
Publisher: OECD Publishing
Total Pages: 342
Release: 2022-04-27
Genre:
ISBN: 9264630449

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This report compiles comparable tax revenue statistics over the period 1990-2020 for 27 Latin American and Caribbean economies. Based on the OECD Revenue Statistics database, it applies the OECD methodology to countries in Latin America and the Caribbean to enable comparison of tax levels and tax structures on a consistent basis, both among the economies of the region and with other economies.


Liberia

Liberia
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 60
Release: 2020-06-12
Genre: Business & Economics
ISBN: 1513547283

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This paper presents Liberia’s Request for Disbursement Under the Rapid Credit Facility. The economic impact of the pandemic is hitting the poorest with little social safety net, and food security of those relying on uncertain daily income is a pressing concern. The authorities have responded by taking revenue and expenditure measures to support emergency food aid for the poor; improving monitoring and control of spending; and safeguarding scarce foreign exchange reserves. Preliminary data suggest that performance under the Extended Credit Facility-supported program has been weak, though the authorities are fully committed to address the weaknesses. In order to address the shortage of Liberian dollars and the growing need for more US dollar liquidity, the authorities have contracted the printing of additional Liberian dollar bank notes and are formulating measures for inclusion in the FY2021 budget to augment US dollar liquidity.


Chad

Chad
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 42
Release: 2013-09-09
Genre: Business & Economics
ISBN: 1484324072

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This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.


Economic Development and Islamic Finance

Economic Development and Islamic Finance
Author: Zamir Iqbal
Publisher: World Bank Publications
Total Pages: 376
Release: 2013-08-05
Genre: Business & Economics
ISBN: 0821399535

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Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.


Liberia

Liberia
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 96
Release: 2014-07-11
Genre: Business & Economics
ISBN: 1498354661

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This paper focuses on Liberia’s Third Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waiver of Nonobservance of Performance Criterion (PC) and Modification of Performance Criteria. Real GDP grew at 8.7 percent in 2013 and is projected to decline to 5.9 percent in 2014 as mining production decelerates. Most end-December 2013 PCs and indicative targets (ITs) were met, except for the PC on government revenue and the IT on external borrowing. Four out of five structural benchmarks were met on time. The IMF staff supports the completion of the third ECF review.


Rigged Rules and Double Standards

Rigged Rules and Double Standards
Author: Kevin Watkins
Publisher: Oxfam
Total Pages: 278
Release: 2002
Genre: Social Science
ISBN: 9780855985257

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A critical and detailed analysis of inequalities of world trade systems.


Human Rights of Irregular Migrants in the European Union

Human Rights of Irregular Migrants in the European Union
Author: Annalisa Morticelli
Publisher:
Total Pages: 360
Release: 2021-06-09
Genre: Law
ISBN: 3748925255

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Das Buch befasst sich mit dem heiklen Thema der illegalen Migration in der Europäischen Union, durch eine juristische Rekonstruktion des Phänomens, ausgehend von seinen Ursprüngen. Der interessante Aspekt ist der Verständigungsteil zwischen Italien und Deutschland, um das Phänomen in zwei verschiedenen Mitgliedsländern zu verstehen, um die wichtigsten kritischen Fragen zu erfassen und tugendhafte Verhaltensweisen zu identifizieren, um ein möglichst homogenes System auf der Ebene der Europäischen Union zu schaffen. Die Untersuchungen wurden in Italien und in Deutschland vor allem durch die Analyse von Gesetzesdokumenten und der Doktrin zu diesem Thema durchgeführt.


The Global Informal Workforce

The Global Informal Workforce
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 414
Release: 2021-07-23
Genre: Business & Economics
ISBN: 1513575910

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The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.


Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities

Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 45
Release: 2021-03-25
Genre: Business & Economics
ISBN: 1513575031

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The Fund introduced two main sets of temporary adjustments to its lending frameworks in the early months of the pandemic: (i) increases in the limits on access to its emergency financing instruments (April 2020) and (ii) increases in the annual limits on access to financing from both its general and concessional financing facilities (July 2020).