Somalia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Somalia.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2017/061

IMF Staff Country Reports

Language:

English

Subjects (All):

Fiscal policy.

Bank management.

Monetary policy.

Somalia--Economic conditions.

Somalia.

Physical Description:

1 online resource (73 pages) : illustrations (some color), tables, graphs.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2017.

Summary:

This 2016 Article IV Consultation highlights the Government of Somalia’s continued significant efforts toward restoring its key economic and financial institutions despite a very difficult political environment. The Somali economy is expected to continue to be sustained by donor grants, remittances, and foreign direct investment, mostly by the Somali diaspora. Economic activity is projected to decelerate in 2016–17. Growth is projected to be 3.4 percent and 2.5 percent in 2016 and 2017, respectively. The Somali government will continue to implement measures to improve the fiscal framework, raise tax revenue, and implement structural reforms.

Notes:

Description based on online resource; title from PDF title page (ebrary, viewed April 4, 2017).

ISBN:

9781475583045

1475583044

9781475583069

1475583060