Managing for Development Results
Managing for Development Results

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2012-04-01

Total Pages: 286

ISBN-13: 9290926139

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This study assesses the achievement of the Asian Development Bank (ADB) in mainstreaming the Managing for Development Results agenda within ADB, with a view to track progress, identify lessons, and make recommendations for ensuring better development effectiveness of operations in the future.

Montenegro
Montenegro

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2012-05-23

Total Pages: 61

ISBN-13: 1475560850

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This 2012 Article IV Consultation highlights that three years after the sudden end of Montenegro’s boom, there has been considerable progress toward recovery. Fiscal imbalances have proved difficult to rein in, reflecting a large fall in revenue after the collapse of the boom. Executive Directors have commended the authorities’ efforts to stabilize the economy, and welcomed the progress made since the financial crisis. Directors have also recognized the sizable public expenditure adjustment over the past few years, but underscored the need for further high-quality deficit reducing measures.