Zimbabwe Second Review Under The Staff Monitor Program Press Release And Staff Report

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513572741
Size: 13.95 MB
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Zimbabwe Second Review Under The Staff Monitor Program Press Release And Staff Report from the Author: International Monetary Fund. Context: The authorities have demonstrated their commitment to the program by taking important steps towards advancing their macroeconomic and structural reforms, despite increasing economic and financial difficulties. The policy reform agenda for the remainder of the Staff-Monitored Program (SMP) consists of: (a) mitigating the impact of this year’s adverse shocks on the external position and growth; (b) improving the investment climate; (c) restoring confidence in the financial sector; and (d) garnering support for a strategy to clear arrears to the international financial institutions (IFIs). Recent developments, outlook, and risks: Zimbabwe's economic and financial conditions remain difficult because of inadequate external inflows given the arrears situation, low commodity prices which have kept liquidity conditions tight, and an appreciating U.S. dollar. Growth has slowed, unemployment is rising and increasingly there is a shift in economic activity to the informal sector. The external position remains precarious with very low levels of international reserves, and the country is in debt distress. Risks to the outlook stem mainly from fiscal challenges, weak global commodity prices, adverse weather conditions, and policy implementation in a difficult political environment. However, further advancing the reforms and reengaging with creditors could reopen Zimbabwe’s access to financial support that could reverse the adverse economic trend and lift the economic outlook. Program performance: The program is on track. Four of the five quantitative targets for end-June 2015, and all the structural benchmarks for the second review were met. Although a recently contracted $200 million nonconcessional loan breached the quantitative target on nonconcessional borrowing, it avoided the accumulation of additional external arrears. The authorities have made significant progress in implementing their reform agenda, particularly in financial sector and labor-market reforms. They are starting to take steps to rationalize public expenditure and reduce public sector employment costs. The authorities continue to see the SMP as a crucial tool in building a track record toward normalizing relations with creditors and addressing Zimbabwe’s deep seated structural issues. Reengagement with creditors: The authorities have intensified their reengagement with the international community, with the immediate objective of resolving arrears with the IFIs, and eventually seeking debt rescheduling under the umbrella of the Paris Club. To this end, they have developed a strategy for clearing Zimbabwe’s external arrears to IFIs, for which they intend to seek the support of creditors and development partners at a meeting on the sidelines of the 2015 annual meetings in Lima, Peru. Strong support from the Lima meeting, successful completion of the SMP and continued commitment by the authorities would set the stage for advancing the reengagement process with the IFIs and bilateral creditors.

Zimbabwe Third Review Under The Staff Monitored Program And Successor Staff Monitored Program Staff Report And Press Release

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498329608
Size: 51.60 MB
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Zimbabwe Third Review Under The Staff Monitored Program And Successor Staff Monitored Program Staff Report And Press Release from the Author: International Monetary Fund. African Dept.. This paper discusses Zimbabwe’s Third Review Under the Staff-Monitored Program (SMP) and the successor SMP. Zimbabwe has succeeded in keeping macroeconomic conditions relatively stable, despite difficult political and economic circumstances. In particular, the precarious external position improved somewhat, with higher international reserves and a projected lower current account deficit in 2014. The SMP will cover a 15-month period, October 2014 through December 2015, and will be monitored based on quantitative targets and structural benchmarks. The IMF staff welcomes the authorities’ intention to continue to seek financing through grants or loans that are as concessional as possible, and to limit contracting nonconcessional loans within the ceilings set under the program.

Democratic Republic Of The Congo

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 145276607X
Size: 48.69 MB
Format: PDF
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Democratic Republic Of The Congo from the Author: International Monetary Fund. This paper examines the Democratic Republic of the Congo’s 2003 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility (PRGF), and Request for Waiver of Performance Criteria. Through September 2002, overall performance under the PRGF-supported program was broadly satisfactory, with good progress in the structural area. The annualized rate of inflation for the first nine months of 2002 reached 11 percent, down from 135 percent in 2001. Economic growth is expected to be positive for the first time in 13 years.

Imf Survey No 7 2004

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455252751
Size: 10.69 MB
Format: PDF, Mobi
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Imf Survey No 7 2004 from the Author: International Monetary Fund. The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

Imf Survey

Author: International Monetary Fund
Publisher:
ISBN:
Size: 32.58 MB
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Imf Survey from the Author: International Monetary Fund.

Pocket Book Of Hospital Care For Children

Author: World Health Organization
Publisher: World Health Organization
ISBN: 9241548371
Size: 32.98 MB
Format: PDF, Docs
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Pocket Book Of Hospital Care For Children from the Author: World Health Organization. The Pocket Book is for use by doctors, nurses and other health workers who are responsible for the care of young children at the first level referral hospitals. This second edition is based on evidence from several WHO updated and published clinical guidelines. It is for use in both inpatient and outpatient care in small hospitals with basic laboratory facilities and essential medicines. In some settings, these guidelines can be used in any facilities where sick children are admitted for inpatient care. The Pocket Book is one of a series of documents and tools that support the Integrated Management of Childhood Illness (IMCI). The guidelines require the hospital to have (1) the capacity to carry out certain essential investigations, such as pulse oximetry, blood glucose, blood smear examinations for malaria parasites, estimation of haemoglobin, packed cell volume and full blood count, blood group and cross-match, and basic microscopy of cerebrospinal fluid and urine; and where possible blood and urine culture, ultrasound and basic x-rays; (2) essential medicines for the care of seriously ill children. Advanced and high care treatment options, such as intensive care or mechanical ventilation, are not described. These guidelines focus on the management of the major causes of childhood mortality in most developing countries, such as newborn problems, pneumonia, diarrhoea, malaria, meningitis, septicaemia, measles and related conditions, severe acute malnutrition and paediatric HIV/AIDS. It also covers some common surgical conditions that can be managed in small hospitals. Details of the evidence on which the Pocket Book is based can be found onWHO website from the published guidelines provided in the bibliography. These guidelines are applicable in most areas of the world and may be adapted to suit country specific circumstances.

Global Tuberculosis Report 2015

Author: World Health Organization
Publisher: World Health Organization
ISBN: 9241565055
Size: 24.19 MB
Format: PDF, ePub, Mobi
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Global Tuberculosis Report 2015 from the Author: World Health Organization. This is the twentieth global report on tuberculosis (TB) published by WHO in a series that started in 1997. It provides a comprehensive and up-to-date assessment of the TB epidemic and progress in implementing and financing TB prevention, care and control at global, regional and country levels using data reported by over 200 countries that account for over 99% of the world's TB cases.

Man Of Bees

Author: OLIVER STUART YORK
Publisher:
ISBN: 9780797461574
Size: 69.44 MB
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Man Of Bees from the Author: OLIVER STUART YORK.