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IMF Staff Country Reports
2010
INTERNATIONAL MONETARY FUND

This 2008 Article IV Consultation discusses that Lesotho has made significant progress in macroeconomic performance, but the pace of implementation of key structural reforms has been slow. After a decade of low growth, economic activity surged above historic trends, averaging 6.6 percent during 2006–07, driven by the mining, textile, and construction sectors. Howev...

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IMF Staff Country Reports
2006
INTERNATIONAL MONETARY FUND

Lesotho is a small, landlocked, low-income country, with limited natural resources and a narrow production and export base. In recent Article IV consultations, IMF staff has emphasized the importance of ensuring that increases in outlays for poverty reduction are consistent with fiscal sustainability and absorptive capacity. However, economic activity has remained ...

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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

The current high Southern African Customs Unions revenues should be used to implement fiscal measures to secure fiscal sustainability and support economic growth. The government should formulate a financial sector strategy that addresses Swaziland’s twin challenges of enhancing financial development and ensuring financial stability. Compounding the threat to export...

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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

The current high Southern African Customs Unions revenues should be used to implement fiscal measures to secure fiscal sustainability and support economic growth. The government should formulate a financial sector strategy that addresses Swaziland’s twin challenges of enhancing financial development and ensuring financial stability. Compounding the threat to export...

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46
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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

Aruba is one of the most developed islands in the Caribbean. Still, it is vulnerable to external shocks owing to its heavy dependence on tourism and a steady increase in public debt. Policies to support further fiscal consolidation and boost Aruba’s growth potential are needed. Maintaining macroeconomic stability will require fiscal adjustment and an appropriately ...

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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

Aruba is one of the most developed islands in the Caribbean. Still, it is vulnerable to external shocks owing to its heavy dependence on tourism and a steady increase in public debt. Policies to support further fiscal consolidation and boost Aruba’s growth potential are needed. Maintaining macroeconomic stability will require fiscal adjustment and an appropriately ...

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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

The 2008 Article IV Consultation analyzes the promise of fiscal discipline and debt relief that has boosted investor confidence and growth in the Kingdom of the Netherlands—Netherlands Antilles. Although exports moderated temporarily, tourism was a bright spot owing to improvements in competitiveness as a result of infrastructure investments, and cost controls from...

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IMF Staff Country Reports
2010
INTERNATIONAL MONETARY FUND

The staff report for the Netherlands’ 2009 Article IV Consultation describes the economic developments and policies. State interventions in the financial sector have been broadly appropriate and consistent with a sound fix-it-and-exit approach. Measures have included capital injections, nationalization, and government guarantees. Although systemic risks have been a...

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IMF Staff Country Reports
2010
INTERNATIONAL MONETARY FUND

The staff report for the Netherlands’ 2009 Article IV Consultation describes the economic developments and policies. State interventions in the financial sector have been broadly appropriate and consistent with a sound fix-it-and-exit approach. Measures have included capital injections, nationalization, and government guarantees. Although systemic risks have been a...

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41
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IMF Staff Country Reports
2010
INTERNATIONAL MONETARY FUND

The staff report for the Netherlands’ 2009 Article IV Consultation describes the economic developments and policies. State interventions in the financial sector have been broadly appropriate and consistent with a sound fix-it-and-exit approach. Measures have included capital injections, nationalization, and government guarantees. Although systemic risks have been a...

0
47
0
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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

The strong economic and financial position of Kuwait has improved further, but inflation has risen. The nation has made significant progress on the issues raised in the 2007 consultation. Kuwait’s integration into the global economy has been increasing in recent years. Global integration is underpinned by active membership in global and regional trade initiatives a...

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43
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IMF Staff Country Reports
2008
INTERNATIONAL MONETARY FUND

The strong economic and financial position of Kuwait has improved further, but inflation has risen. The nation has made significant progress on the issues raised in the 2007 consultation. Kuwait’s integration into the global economy has been increasing in recent years. Global integration is underpinned by active membership in global and regional trade initiatives a...

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