Examples of MEFP in a sentence
However, because most societies would either fall short of, or consciously refuse being “eminently practical,” as Charles Dickens’ Thomas Gridiron would say, there are different levels and responses to “modernity.”As Max Weber observed in parts of Europe and America during the 19th century, practical rationality, something that has always existed to varying extents in society, took on an ethically positive slant.
Monitoring TrusteeThe Memorandum of Economic and Financial Policies (MEFP) of the Second Adjustment Program for Greece between the Hellenic Republic, the European Commission, the International Monetary Fund and the European Central Bank provides for the appointment of a monitoring trustee in all banks under State Aid.
Within the year, progress will be assessed against the (cumulative) quarterly ceilings for the consolidated General Government cash balance in the Memorandum of Economic and Financial Policies (MEFP), as defined in the Technical Memorandum of Understanding (TMU), without prejudice to full-year ESA-95 deficit targets.
We will consult with the IMF and European Commission (EC) before modifying measures contained in this Letter and the attached MEFP or adopting new measures that would deviate from the goals of the program, and will provide the IMF and the EC with the necessary information for program monitoring.
The consolidation of that bank was requested under the MEFP dated 15 May 2013.
You are washing dishes and the soap squirts up in your eye.Something in the eye – What do I do?1.
Tab 1: Financial execution of the first Priority Action Plan of the PSE SourcesNeeds (billions of ExecutedFCFA) (billions of FCFA)amountPercentage of budget executedGovernment4202.60 2989.237 71.13Technical and Financial partners3909.00 2104.704 53.84Private sector1574.00 397.805 25.3Total9685.60 5491.74 52.59 (MEFP, 2018) The main constraints of the PSE have been related to governance issues, the country’s administrative issues and the poverty situation.
Other figures are even higher stating that 89 percent of the employment remains informal (MEFP, 2018).
This memorandum defines the targets described in the memorandum of economic and financial policies (MEFP) for the July 2006–June 2009 financial program supported by the IMF Policy Support Instrument (PSI), and sets forth the reporting requirements under the instrument.
The share of the budget that was contributed by the government has the highest execution rate, followed by the one from technical and financial partners and the private sector, which only has an execution rate of around 25 percent (MEFP, 2018).