Growth in the emerging markets of Latin America to slow down in the 2nd quarter after six strong months.
Performance remains variable with wide divergences in inflation rates.
Between 1.2 and 1.
The divergence between rich and poor has never been so great as it is today.
ï¿½orderly exchange arrangements.
Make available to its members general resources of the Fund under adequate safeguards.
To review key developments in the international monetary system.
ï¿½ICSID: provides facilities for the settlement of investment disputes.
The UN ODA/GNP target of 0.7 percent has reached a low of 0.
Africa's total debt to exports of goods and services at 215.
Total Funding Requirement = US$ 11.2 billion (WB) World Bank Total Funding Gap = US$ 5.
Total Funding Requirement = US$ 3.5 billion (IMF) International Monetary Fund Total Funding Gap = US$ 0.
IDA's commitment is to allocate 50 percent of its resources to Africa.
Total funding provided by the World Bank is US$46.
Authorities commended for its intention to use privatisation revenue to reduce debt.
Authorities commended for conduct of monetary policy.
Authorities called to speed up privatisation reform.
South Africa has recently requested technical assistance in the area of drafting legislation for capital gains tax.
The G7 countries between them have a 47.
ï¿½The unequal distribution of IMF quotas, e.g. United States quota allocation equals 17.52 percent; Africa's quota allocation equals 5.57 percent; SADC's quota allocation equals 2.03 percent; and South Africa's quota allocation equals 0.
Must review the nature of cross-conditionality clauses.
Moral hazard must be limited in determining the application of the Supplemental Reserve Fund (SRF) in managing systemic crises.
Match financial sector norms for cost efficiency, effectiveness and customer service.
Search for new and better ways to mobilise finance for housing.
Partnering organisations to pioneer new finance and housing delivery products.
Facilitate affordable and suitable credit for low and moderateincome households in the region.
Offering guarantees and seed funds to retail enterprises.