Israel: 2022 Article IV Consultation-Press Release and Staff Report
Israel: 2022 Article IV Consultation-Press Release and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-03-21

Total Pages: 82

ISBN-13:

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The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence. The outlook is positive but still subject to high uncertainty.

Qatar: 2022 Article IV Consultation-Press Release; and Staff Report
Qatar: 2022 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-06-21

Total Pages: 70

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Swift and decisive policy response to the Covid-19 pandemic has helped to mitigate the health and economic impact of the crisis. Fast vaccination rollout has also strengthened the economy’s resilience to new pandemic waves, paving the way for a speedy recovery. As the economy rebounds, a gradual exit from pandemic support measures is underway.

Paraguay: 2022 Article IV Consultation-Press Release; and Staff Report
Paraguay: 2022 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-06-21

Total Pages: 69

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After two consecutive years of GDP decline driven by external shocks, Paraguay’s economy rebounded in 2021. In 2019, drought and flooding reduced economic growth to -0.4 percent. In 2020, the impact of the pandemic on the secondary and tertiary sectors was partly compensated by a rebound of agriculture and an extensive emergency package, and GDP fell by only 0.8 percent. Growth rebounded to 4.2 percent in 2021, but heatwaves and a severe drought decelerated the recovery and have limited 2022 growth prospects, though a recovery is projected for 2023 and the medium-term. While the loss of agricultural export revenue is affecting Paraguay’s balance of payments in 2022, the external position in 2021 was stronger than the level implied by fundamentals and desirable policies.

Belize: 2022 Article IV Consultation-Press Release; and Staff Report
Belize: 2022 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-05-10

Total Pages: 64

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The COVID-19 pandemic had a severe impact on Belize in 2020, leading to a 16.7 percent contraction in real GDP and a rise in public debt to an unsustainable level of 133 percent of GDP. To address this situation, the government presented a medium-term plan to lower public debt to 85 percent of GDP in 2025 and 70 percent in 2030 by implementing fiscal consolidation, structural reforms, and debt restructuring. Significant progress towards restoring debt sustainability was made in 2021.

New Zealand: 2022 Article IV Consultation-Press Release; and Staff Report
New Zealand: 2022 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-05-13

Total Pages: 62

ISBN-13:

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New Zealand’s management of the pandemic, including health policy and macroeconomic policy support, has been effective in ensuring economic recovery. Output has already recovered to above potential, the labor market is tight, and inflation has risen to above the Reserve Bank of New Zealand’s (RBNZ) target range.

Canada
Canada

Author: International Monetary Fund. Western Hemisphere Dept.

Publisher: International Monetary Fund

Published: 2022-12-08

Total Pages: 63

ISBN-13:

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Canada has come through the pandemic relatively well and, as a commodity exporter, has been hit less hard than many other countries have been by Russia’s war on Ukraine. Nonetheless, inflation is well above target, housing affordability is a major concern following a long boom that may now have peaked, and the pandemic remains a source of risk.