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29 Oct 2015 description

Press Release No. 15/483
October 28, 2015

The Executive Board of the International Monetary Fund (IMF) on October 28, 2015 approved a disbursement of an amount equivalent to SDR 6.15 million (about US$8.7 million) for Dominica to be drawn from the Rapid Credit Facility (RCF).

Following the Executive Board’s discussion of Dominica, Mr. Mitsuhiro Furusawa, Deputy Managing Director and Acting Chair, issued the following statement:

18 Jun 2015 description

Press Release No. 15/279

June 17, 2015

On June 5, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation1 with Vanuatu.

29 Apr 2015 description

Press Release No. 15/182
April 28, 2015

End-of-mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.

12 Dec 2012 description

Communiqué de presse n° 12/482

Le 11 décembre 2012

12 Jan 2011 description

The Executive Board of the International Monetary Fund (IMF) today approved a combined SDR 5.36 million (about US$8.19 million) in emergency assistance for St. Lucia to cope with the economic consequences of Hurricane Tomas. The financial assistance consists of an SDR 3.83 million (about US$5.85 million) disbursement under the IMF's Rapid Credit Facility (RCF), and SDR 1.53 million ( about US$2.34 million) under the Fund's Emergency Natural Disaster Assistance (ENDA).

Hurricane Tomas struck St.

18 Aug 2009 description

And request for waiver of performance criterion, modification of performance criteria, and extension of the arrangement

Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Haiti.

In the context of the fifth review under the three-year arrangement under the poverty reduction and growth facility, request for waiver of performance criterion, modification of performance criteria, and extension of the arrangement, the following documents have been released and are included in this package:

- The staff report for the Fifth …

15 May 2009 description

Press Release No. 09/167

The Executive Board of the International Monetary Fund today approved a request for SDR 2.225 million (about US$3.4 million) in Emergency Natural Disaster Assistance for St. Kitts and Nevis.

St. Kitts and Nevis was hit by Hurricane Omar in October 2008. The damage caused by the hurricane has greatly aggravated the economic slowdown, with a significant impact on unemployment, fiscal revenues, and tourism receipts, particularly on the island of Nevis.

06 Apr 2009 description

I. INTRODUCTORY NOTE

This Review of the Economic and Social Plan for 2007 is an evaluation of the implementation of the Five-Year Government Programme for 2005-2009, in its third year of execution. The document presents the new simplified structure adopted in the Review of the First Half of 2007, and aims at adjusting the Review of the Economic and Social Plan as main monitoring and evaluation instrument of Government action. It consists of 4 big chapters: International Context, National Socio-Economic and Demographic Context, Main Lines of Development by Pillar, and Public Finance.

02 Mar 2009 description

and Request for Waiver of Performance Criterion and Augmentation of Access - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Haiti

IMF Country Report No. 09/77

Executive Summary

Macroeconomic outcomes in the second year of the PRGF arrangement (FY 2008) were weaker than anticipated at the time of the third review. A prolonged political stalemate constrained government operations, while severe natural disasters caused damages estimated at about 15 percent of GDP.

24 Feb 2009 description

Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Belize

IMF Country Report No. 09/69

- Belize suffered considerable damage from two tropical systems during the 2008 hurricane season.

13 Feb 2009 description

Press Release No. 09/34

The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Haiti's economic performance under the Poverty Reduction and Growth Facility, and approved an increase in financial assistance of an amount equivalent to SDR 24.57 million (about US$36.6 million) to mitigate the negative effects caused by a series of hurricanes in 2008 as well as the global downturn.

13 Feb 2009 description

Communiqué de presse n° 09/34 (F)

Le Conseil d'administration du Fonds monétaire international (FMI) a achevé la quatrième revue des résultats économiques obtenus par Haïti dans le cadre de l'accord appuyé par la facilité pour la réduction de la pauvreté et pour la croissance (FRPC), et il a approuvé une augmentation de l'aide financière d'un montant équivalent à 24,57 millions de DTS (environ 36,6 millions de dollars EU) pour atténuer les effets négatifs d'une série de cyclones survenus en 2008 et du ralentissement de l'activité mondiale.

02 Feb 2009 description

Dear Mr. Strauss-Kahn:

1. The purpose of this letter and attached memorandum is to inform you of the progress made under the PRGF-supported program, and to request that the fifth disbursement under the arrangement, in the amount of SDR 7.6 million, be made available to Haiti following the completion of the fourth review. In addition, given the damage caused by recent natural disasters and its expected negative impact on Haiti's external position, we are requesting an augmentation of access under the arrangement of SDR 24.57 million (30 percent of quota).

02 Jul 2008 description

Press Release No. 08/158

The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Madagascar's economic performance under a three-year Poverty Reduction Growth Facility (PRGF) arrangement and augmented access under the arrangement.

28 Apr 2008 description

An International Monetary Fund (IMF) team led by Mr. Thomas Rumbaugh, Advisor in the Asia and Pacific Department of the IMF, visited Bangladesh during April 22-27 to review recent economic developments and the outlook for the FY09(1) budget.

05 Feb 2008 description

Press Release No. 08/19

The Executive Board of the International Monetary Fund (IMF) approved on February 4, 2008, SDR 2.05 million (about US$3.3 million) in emergency assistance for Dominica. This amount is available immediately to help the government deal with the effects of Hurricane Dean, which struck Dominica in August 2007.

The damage caused by Hurricane Dean is estimated at almost 20 percent of GDP.

25 Feb 2005 description


Washington, DC., February 25, 2005
Participants:

His Excellency Denis G. Antoine, Grenada's Ambassador to the United States

Caroline Anstey, Country Director for the Caribbean Region, The World Bank

Prakash Loungani, IMF Mission Chief for Grenada

Moderated by:

Paul Nehru Tennassee, National Coalition on Caribbean Affairs (NCOCA) & Carib Nation TV

Sponsored by: NCOCA and Caribbean Association of the World Bank Group and IMF (CAWI)