Sierra Leone Ad Hoc Review Under The Extended Credit Facility Arrangement And Request For Augmentation Of Access And Modification Of Performance Criteria And Financing Assurances Review Staff Report Press Release And Statement By The Executive Director For Sierra Leone

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498398146
Size: 60.87 MB
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Sierra Leone Ad Hoc Review Under The Extended Credit Facility Arrangement And Request For Augmentation Of Access And Modification Of Performance Criteria And Financing Assurances Review Staff Report Press Release And Statement By The Executive Director For Sierra Leone from the Author: International Monetary Fund. African Dept.. KEY ISSUES Background. The Ebola outbreak that started in one district in late May has spread to the entire country, overwhelming already weak institutions and ill-equipped medical facilities. At end-August, over 1000 people were infected and more than a third had died from the disease. The country’s social and economic fabric is also adversely affected by the epidemic. Economic growth has slowed, inflationary pressures have intensified, and new balance of payments and fiscal financing needs have emerged. The epidemic has heightened food insecurity and impacted livelihoods for a large portion of the population, generating additional distress for vulnerable groups. The program. In October 21, 2013, the Executive Board approved a three-year arrangement under the Extended Credit Facility (ECF) for Sierra Leone totaling SDR 62.2 million (60 percent of quota). The first review under the program was completed on June 19, 2014. Preliminary indications are that performance under the program is on track, in spite of weaknesses in budget execution at end-June. The authorities’ requests. In the attached letter of intent, the Sierra Leone authorities are requesting an Ad Hoc review under the ECF arrangement, and an augmentation of access in an amount equivalent to 25 percent of quota (SDR 25.925 million), in a single disbursement. These resources, together with contributions from other donors will help cover balance of payments and budgetary financing needs generated by the Ebola epidemic. The authorities are also requesting a modification of end-December 2014 performance criteria on net domestic bank credit to the central government, and on net domestic assets of the central bank. Safeguard assessment. A safeguards assessment of the Bank of Sierra Leone (BoSL) was completed in March 2014. The BoSL is taking steps to strengthen its safeguards framework and staff is monitoring implementation of the recommendations from the assessment. Staff views. Staff supports the completion of the Ad Hoc review, and the authorities’ requests.

Imf Financial Operations 2014

Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1484317440
Size: 57.72 MB
Format: PDF, ePub
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Imf Financial Operations 2014 from the Author: International Monetary Fund. Finance Dept.. IMF Financial Operations 2014 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF’s activities during the most recent financial year. This publication updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF’s structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including measures taken in response to the global financial crisis of 2007-09 and the institutional reforms aimed at ensuring that the IMF’s governance structure evolves in line with developments in the global economy, as well as reforms to the IMF’s income model.

Military Interventions In Sierra Leone

Author: Larry J. Woods
Publisher: DIANE Publishing
ISBN: 1437923100
Size: 19.47 MB
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Military Interventions In Sierra Leone from the Author: Larry J. Woods. Analyzes the massive turmoil afflicting the nation of Sierra Leone, 1995-2002, and the efforts of outside forces to bring stability to that small country. The taxonomy of intervention ranged from private mercenary armies, through the Economic Community of West African States, to the U.N. and the U.K. In every case, those who intervened encountered a common set of difficulties that had to be overcome. Unsurprisingly, they also discovered challenges unique to their own org. and political circumstances. Serving soldiers can often profit vicariously from the mistakes of others as recounted in detailed case studies of historical events. ÂżA cautionary tale that political leaders and military planners contemplating intervention in Africa ignore at their peril.Âż

Imf Financial Operations 2016

Author: International Monetary Fund
Publisher:
ISBN: 9781475532197
Size: 34.83 MB
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Imf Financial Operations 2016 from the Author: International Monetary Fund. This publication updates a previous report entitled Financial Organization and Operations of the IMF.This revised and updated report covers more recent developments.

Tearing Down Walls

Author: James M. Boughton
Publisher:
ISBN: 9781616350840
Size: 50.46 MB
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Tearing Down Walls from the Author: James M. Boughton. This volume - the fifth in a series of histories of the International Monetary Fund - examines the 1990s, a tumultuous decade in which the IMF faced difficult challenges and took on new and expanded roles. Among these were assisting countries that had long operated under central planning to manage transitions toward market economies, helping countries in financial crisis after sudden loss of support from private financial markets, adapting surveillance to reflect the growing acceptance of international standards for economic and financial policies, helping low-income countries grow and begin to eradicate poverty while staying within its mandate as a monetary institution, and providing adequate financial assistance to members in an age of limited official resources. The IMF's successes and setbacks in facing these challenges provide valuable lessons for an uncertain future.

Safer Homes Stronger Communities

Author: Abhas K. Jha
Publisher: World Bank Publications
ISBN: 9780821382684
Size: 18.91 MB
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Safer Homes Stronger Communities from the Author: Abhas K. Jha. This handbook is designed to guide public sector managers and development practitioners through the process of large-scale housing reconstruction after major disasters, based on the experiences of recent reconstruction programs in Aceh (Indonesia), Sri Lanka, Pakistan, Gujarat (India) and Bam (Iran).

Trade Liberalization And Poverty

Author: Neil McCulloch
Publisher: Centre for Economic Policy Research
ISBN: 9781898128625
Size: 52.87 MB
Format: PDF, Docs
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Trade Liberalization And Poverty from the Author: Neil McCulloch. Sponsored by the UK Department for International Development, this book deals directly with concerns that reform may have adverse effects on poverty in developing countries. The first part of the book recaps the current debates over trade policy and anti-poverty policy and the connections between them. The second part explores ten areas of trade policy that are likely to figure in future trade negotiations and examines the possible impact upon poverty in each case. The authors argue that the poverty impact of trade liberalization is extremely country specific, being pro-poor in some cases and anti-poor in others. However, they believe that it is better to tackle poverty concerns directly (for example, by safety nets and investments to facilitate structural reform) rather than through the continuation of protectionist policies. Given the popular suspicions about trade liberalization, this handbook will make an important contribution to debate on globalization and poverty.

Private Voluntary Health Insurance In Development

Author: Alexander S. Preker
Publisher: World Bank Publications
ISBN: 0821366203
Size: 19.69 MB
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Private Voluntary Health Insurance In Development from the Author: Alexander S. Preker. Private voluntary health insurance already plays an important role in the health sector of many low and middle income countries. The book reviews the context under which private insurance could contribute to an improvement in the financial sustainability of the health sector, financial protection against the costs of illness, household income smoothing, access to care, and market productivity. This volume is the third in aseries of in-depth reviews of the role of health care financing in providing access for low-income populations to needed healthcare, protecting them from the impoverishing effects of illness, and addressing the important issues of social exclusion in government financed programs.

Engineering

Author: Unesco
Publisher: UNESCO
ISBN: 9231041568
Size: 42.53 MB
Format: PDF, ePub, Mobi
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Engineering from the Author: Unesco. This report reviews engineering's importance to human, economic, social and cultural development and in addressing the UN Millennium Development Goals. Engineering tends to be viewed as a national issue, but engineering knowledge, companies, conferences and journals, all demonstrate that it is as international as science. The report reviews the role of engineering in development, and covers issues including poverty reduction, sustainable development, climate change mitigation and adaptation. It presents the various fields of engineering around the world and is intended to identify issues and challenges facing engineering, promote better understanding of engineering and its role, and highlight ways of making engineering more attractive to young people, especially women.--Publisher's description.