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In its 2021 Article IV consultation with Ghana on Monday, the IMF said the government response helped contain the pandemic and support the economy, but at the cost of a record fiscal deficit. “…The economic outlook is improving, even though risks remain, including from the evolution of the pandemic and rising debt vulnerabilities,” the statement said. “The pandemic had a severe impact on economic activity. Growth slowed to 0.4 percent in 2020 from 6.5 percent in 2019, food prices spiked, and poverty increased”. The statement also noted that Ghana’s ...

Republic of Uzbekistan: 2021 Article IV Consultation-Press Release; and Staff Report; IMF Country Report No. 21/85; April 6, 2021PDF File 04/26/2021 | 03:53pm EDT Send by mail : Message : REPUBLIC OF UZBEKISTAN April 2021 with members, usually every year. In the context of the 2021 Article IV consultation with Uzbekistan, the following documents have been released and are included in this package: A Press Release. The Staff Report prepared by a staff team of the IMF for the Executive Board's consideration ...

IMF Executive Board Concludes 2021 Article IV Consultation with Chile sitecoreitem IMF Executive Board Concludes 2021 Article IV Consultation with Chile April 23, 2021 Washington, DC: On April 19, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Chile. The pandemic hit Chile as it was recovering from the economic consequences of the social unrest in October 2019. Economic activity is projected to have declined by 5.8 percent in 2020, about 7 percentage points below staff's pre-pandemic projection. Inflation has hovered around t...

IMF Executive Board Concludes 2020 Article IV Consultation with Morocco sitecoreitem IMF Executive Board Concludes 2020 Article IV Consultation with Morocco December 23, 2020 Washington, DC: On December 18, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Morocco. The prompt response of the Moroccan authorities has helped contain the fallout from the pandemic. Nonetheless, economic activity has slowed sharply in the first half of 2020 on account of the combined effect of the health crisis and the drought (that affected agricultural p...

IMF Executive Board Concludes 2020 Article IV Consultation with United Kingdom sitecoreitem IMF Executive Board Concludes 2020 Article IV Consultation with United Kingdom December 18, 2020 [1] with United Kingdom. The UK economy entered 2020 with some challenges but also with some strengths. Key challenges included agreeing to a post-Brexit trade deal with the EU, weak productivity growth, large regional disparities in income, population aging (and its impact on pension spending), and the need to strengthen climate policies. At the same time, the economy was operating at full employment, infl...