Barriers and Opportunities for Enhancing Capital Flows
In the COMCEC Member Countries
89
Appendix 5: Adherence to IMF standards on capital controls
Low income group
Low Income Group adherence to IMF standards
# of capital account transaction controls Article VIII convertibility
Afghanistan 3 No
Bangladesh 13 Yes
Benin 12 Yes
Burkina Faso 12 Yes
Chad 13 (2 not regulated) Yes
Comoros 10 Yes
Gambia 3 Yes
Guinea 11 Yes
Guinea-Bissau 12 Yes
Kyrgyz Republic 10 Yes
Mali 12 Yes
Mozambique 13 Yes
Niger 13 Yes
Sierra Leone 10 (1 not regulated) Yes
Somalia n/a No
Tajikistan 10 Yes
Source: IMF Annual Report on Exchange Arrangements and Exchange Restrictions