Tag «Concludes»

IMF Executive Board Concludes 2013 Article IV Consultation with Russian Federation

On September 18, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Russian Federation.1 Real GDP growth in Russia has slowed, amid weak investment and external demand. Yet, the economy remains close to full capacity, with unemployment at historic lows and capacity utilization at pre-crisis highs. Short-term indicators are mixed, …

IMF Executive Board Concludes 2013 Article IV Consultation with Myanmar

On June 28, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Myanmar1. Recent economic developments have been positive. Growth is estimated to have risen to 6½ percent in fiscal year 2012/13 (April-May), driven by gas production, construction and services while inflation climbed to 4.7 percent in March 2013. The …