Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1498330754
Category : Business & Economics
Languages : en
Pages : 6
Book Description
Cambodia is not a HIPC country because its debt levels were below the relevant thresholds. It is, however, eligible under the MDRI because it had per capita annual GDP of below $380 as of 2004. No IDA relief is currently expected under the MDRI for non-HIPC countries. Staff is of the view that all criteria have been met, and recommends that the Board determine that Cambodia qualifies for immediate relief under the MDRI.
Cambodia - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1498330754
Category : Business & Economics
Languages : en
Pages : 6
Book Description
Cambodia is not a HIPC country because its debt levels were below the relevant thresholds. It is, however, eligible under the MDRI because it had per capita annual GDP of below $380 as of 2004. No IDA relief is currently expected under the MDRI for non-HIPC countries. Staff is of the view that all criteria have been met, and recommends that the Board determine that Cambodia qualifies for immediate relief under the MDRI.
Publisher: International Monetary Fund
ISBN: 1498330754
Category : Business & Economics
Languages : en
Pages : 6
Book Description
Cambodia is not a HIPC country because its debt levels were below the relevant thresholds. It is, however, eligible under the MDRI because it had per capita annual GDP of below $380 as of 2004. No IDA relief is currently expected under the MDRI for non-HIPC countries. Staff is of the view that all criteria have been met, and recommends that the Board determine that Cambodia qualifies for immediate relief under the MDRI.
Multilateral Debt Relief Initiative - A First Assessment of Eligible Countries
Author: International Monetary Fund. Policy Development and Review Dept.
Publisher: International Monetary Fund
ISBN: 1498330770
Category : Business & Economics
Languages : en
Pages : 15
Book Description
This paper responds to the Board’s request for an assessment of eligible countries that could qualify for Fund debt relief under the MDRI once the requisite consents and requests have been received. Directors requested that, by end-2005, staff prepare, in collaboration with the World Bank, an assessment of the 18 post-completion point HIPCs, as well as eligible non-HIPCs, and propose for Board consideration a list of members that would qualify immediately for MDRI debt relief. Directors also requested that, for those members that do not presently meet the MDRI qualification criteria, remedial measures be expressly identified that would allow them to qualify for MDRI relief.
Publisher: International Monetary Fund
ISBN: 1498330770
Category : Business & Economics
Languages : en
Pages : 15
Book Description
This paper responds to the Board’s request for an assessment of eligible countries that could qualify for Fund debt relief under the MDRI once the requisite consents and requests have been received. Directors requested that, by end-2005, staff prepare, in collaboration with the World Bank, an assessment of the 18 post-completion point HIPCs, as well as eligible non-HIPCs, and propose for Board consideration a list of members that would qualify immediately for MDRI debt relief. Directors also requested that, for those members that do not presently meet the MDRI qualification criteria, remedial measures be expressly identified that would allow them to qualify for MDRI relief.
Cambodia
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451821816
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They appreciated the public financial management reform program, and encouraged to hasten the program’s implementation by introducing the new Chart of Accounts for the budget and by rationalizing government bank accounts. They stressed the need to improve governance to enhance the business environment and strengthen revenue collection.
Publisher: International Monetary Fund
ISBN: 1451821816
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Cambodia achieved macroeconomic stability underpinned by prudent fiscal and monetary policies. Executive Directors commended this development. They welcomed the National Strategic Development Plan for reducing poverty, enhancing physical infrastructure, and improving social services. They appreciated the public financial management reform program, and encouraged to hasten the program’s implementation by introducing the new Chart of Accounts for the budget and by rationalizing government bank accounts. They stressed the need to improve governance to enhance the business environment and strengthen revenue collection.
Cambodia, Selected Issues and Statistical Appendix
The Multilateral Debt Relief Initiative (G-8 Proposal) and Its Implications for the Fund - Further Considerations - Supplemental Information
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498330851
Category : Business & Economics
Languages : en
Pages : 20
Book Description
The Executive Board held an informal seminar on September 21, 2005 to discuss possible implementation modalities for the G-8 debt relief proposal. On September 24, 2005, the International Monetary and Financial Committee supported providing 100 percent cancellation of debt owed by HIPCs to the Fund, and considered that this would provide significant additional resources for countries’ efforts to reach the Millennium Development Goals and reinforce long-term debt sustainability.
Publisher: International Monetary Fund
ISBN: 1498330851
Category : Business & Economics
Languages : en
Pages : 20
Book Description
The Executive Board held an informal seminar on September 21, 2005 to discuss possible implementation modalities for the G-8 debt relief proposal. On September 24, 2005, the International Monetary and Financial Committee supported providing 100 percent cancellation of debt owed by HIPCs to the Fund, and considered that this would provide significant additional resources for countries’ efforts to reach the Millennium Development Goals and reinforce long-term debt sustainability.
Cambodia, ... Article IV Consultation and ... Review Under the Poverty Reduction and Growth Facility--staff Report
International Monetary Fund Annual Report 2012
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1475511310
Category : Business & Economics
Languages : en
Pages : 76
Book Description
The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, through April 30, 2012. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2012.
Publisher: International Monetary Fund
ISBN: 1475511310
Category : Business & Economics
Languages : en
Pages : 76
Book Description
The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, through April 30, 2012. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2012.
Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation 2009
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498335462
Category : Business & Economics
Languages : en
Pages : 63
Book Description
This paper updates the status of implementation, impact, and costs of the Enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI). Debt relief provided under the Initiatives has substantially alleviated debt burdens in recipient countries. Aided by continued flexibility on the part of IDA and the Fund, substantial progress has been achieved under the Initiatives since the last report, and a number of post-decision-point countries have already benefited from debt relief.
Publisher: International Monetary Fund
ISBN: 1498335462
Category : Business & Economics
Languages : en
Pages : 63
Book Description
This paper updates the status of implementation, impact, and costs of the Enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI). Debt relief provided under the Initiatives has substantially alleviated debt burdens in recipient countries. Aided by continued flexibility on the part of IDA and the Fund, substantial progress has been achieved under the Initiatives since the last report, and a number of post-decision-point countries have already benefited from debt relief.
Review, Analysis, and Outlook
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821364804
Category : Banks and Banking Reform
Languages : en
Pages : 226
Book Description
"International private capital flows to developing countries reached a record net level of $491 billion in 2005. This surge in private capital flows offers national and international policy makers a major opportunity to bolster development efforts if they can successfully meet three challenges. The first is to ensure that more countries, especially poorer ones, enhance their access to developmentally beneficial international capital through improvements in their macroeconomic performance, investment climate, and use of aid. The second is to avoid sudden capital flow reversals by redressing global imbalances through policies that recognize the growing interdependencies between developed and developing countries' financial and exchange rate relations in the determination of global financial liquidity and asset price movements. And the third is to ensure that development finance, both official and private, is managed judiciously to meet the development goals of recipient countries while promoting greater engagement with global financial markets. These are the themes and concerns of this year's edition of Global Development Finance. Vol I. Anlaysis and Statistical Appendix reviews recent trends in financial flows to developing countries. Vol II. Summary and Country Tables* includes comprehensive data for 138 countries, as well as summary data for regions and income groups."
Publisher: World Bank Publications
ISBN: 0821364804
Category : Banks and Banking Reform
Languages : en
Pages : 226
Book Description
"International private capital flows to developing countries reached a record net level of $491 billion in 2005. This surge in private capital flows offers national and international policy makers a major opportunity to bolster development efforts if they can successfully meet three challenges. The first is to ensure that more countries, especially poorer ones, enhance their access to developmentally beneficial international capital through improvements in their macroeconomic performance, investment climate, and use of aid. The second is to avoid sudden capital flow reversals by redressing global imbalances through policies that recognize the growing interdependencies between developed and developing countries' financial and exchange rate relations in the determination of global financial liquidity and asset price movements. And the third is to ensure that development finance, both official and private, is managed judiciously to meet the development goals of recipient countries while promoting greater engagement with global financial markets. These are the themes and concerns of this year's edition of Global Development Finance. Vol I. Anlaysis and Statistical Appendix reviews recent trends in financial flows to developing countries. Vol II. Summary and Country Tables* includes comprehensive data for 138 countries, as well as summary data for regions and income groups."
Cambodia
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1475566573
Category : Business & Economics
Languages : en
Pages : 60
Book Description
This 2013 Article IV Consultation highlights that economic activity in Cambodia remained strong in 2013 driven by robust exports, with garment exports helped by preferential access to European Union, and tourism with more diversified destinations. Real estate and construction also expanded, rapidly supported by fast credit growth. Foreign direct investment remained strong partly driven by factories relocating from China and Vietnam. The IMF Staff estimates real GDP growth to remain at 7 percent in 2013 owing to the sluggish global economic recovery, the recent floods, and the slowdown in economic activity during the election period.
Publisher: International Monetary Fund
ISBN: 1475566573
Category : Business & Economics
Languages : en
Pages : 60
Book Description
This 2013 Article IV Consultation highlights that economic activity in Cambodia remained strong in 2013 driven by robust exports, with garment exports helped by preferential access to European Union, and tourism with more diversified destinations. Real estate and construction also expanded, rapidly supported by fast credit growth. Foreign direct investment remained strong partly driven by factories relocating from China and Vietnam. The IMF Staff estimates real GDP growth to remain at 7 percent in 2013 owing to the sluggish global economic recovery, the recent floods, and the slowdown in economic activity during the election period.