All publications by tag «IMF»
IMF: Austria’s economy is robust. Supported by expansionary monetary and fiscal policies, growth has picked up markedly, to 3 percent in 2017 and 3.1 percent (y/y) in Q1 2018. A recovery in private investment and a favorable external environment as growth in Europe accelerated more broadly, have underpinned growth. Concomitantly, unemployment has declined recently. Inflation remains broadly stable, at 2 percent (y/y) in April.
IMF - “In this regard, I commended the President for his leadership that enabled the approval of the law, and welcomed his intention to make the court operational by the end of this year. We agreed that it is now important for parliament to quickly approve the supplementary law submitted by the President to formally establish the court, as well as the necessary amendments to restore the requirement that the HACC will adjudicate all cases under its jurisdiction, including all appeals of relevant first instance court decisions, as it was in the draft law approved in the first reading.
REUTERS - “What we’ll be looking to see is that it ensures the establishment of an independent and trustworthy anti-corruption court that meets the expectation of the Ukrainian people,” IMF spokesman Gerry Rice said at a briefing.
IMF - “Egypt’s growth has continued to accelerate during 2017/18, rising to 5.2 percent in the first half of the year from 4.2 percent in 2016/17. The current account deficit has also declined sharply, reflecting the recovery in tourism and strong growth in remittances, while improved investor confidence has continued to support portfolio inflows. In addition, gross international reserves rose to $44 billion by end-April, equal to 7 months of imports.
IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures
IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.
REUTERS - But it warned that all its expectations hinged on Ukraine sticking with its $17.5 billion programme with the IMF, which has expressed concern about perceived backtracking on reforms and delays in implementing policies to tackle corruption.
IMF - The Qatari economy remains competitive, though there are certain areas that deserve attention. Qatar has fallen to 25th place (out of 137) in the World Economic Forum’s Global Competitiveness Index (2017–18), down from 18 th in 2016–17. Nonetheless, it still ranks ahead of most emerging markets, a reflection of a stronger infrastructure base.
IMF - The Indonesian economy has continued to perform well. Real GDP growth accelerated slightly to 5.1 percent in Q3:2017 from 5 percent in 2016 and H1:2017, led by robust exports and fixed investment.
IMF - “This macroeconomic turnaround at home and the supportive global economic environment provide a unique opportunity to carry the reform momentum into areas that have historically been hard to tackle. Deep and lasting structural reforms are needed to create jobs as speedily as needed for Egypt’s growing population,” said Subir Lall, head of the IMF team for Egypt.