IMF Executive Board Discusses Macroeconomic Developments and Prospects in Low-Income Countries

On March 29, 2024, the Executive Board of the International Monetary Fund (IMF) discussed the IMF staff paper on macroeconomic developments and prospects in low-income countries (LICs) [link], which includes in-depth analysis of strategies for strengthening social safety nets (SSN) in LICs. The paper defines LICs as those 69 countries eligible for the Poverty Reduction and Growth Trust facilities.

IMF Staff Reaches Staff-Level Agreement on the Second Reviews Under the Extended Fund Facility (EFF) Arrangement and the Resilience and Sustainability Facility (RSF) with Seychelles and Completes 2024 Article IV Mission

An International Monetary Fund (IMF) team led by Mr. Todd Schneider visited Victoria from March 21-April 3, 2024, to conduct discussions on the second reviews of Seychelles’ economic and financial program supported by the Extended Fund Facility (EFF) Arrangement and the Resilience and Sustainability Facility (RSF).