IMFSurvey Magazine: News, views, and analysis from the IMF

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IMF Outlines Plan to Lend $17.5 Billion to Romania

March 25, 2009
The IMF announces plans to lend about $17.5 billion to Romania to help the country cushion the effects of a sharp drop in private capital inflows. The loan program would include measures to address external and fiscal imbalances and to strengthen the financial sector.

To Help Countries Face Crisis, IMF Revamps its Lending

March 24, 2009
As part of moves to support countries during the global economic crisis, the IMF beefs up its lending capacity and approves a major overhaul of how it lends money by offering higher amounts and tailoring loan terms to countries’ varying strengths and circumstances.

Global Crisis Weighs on Outlook for Mexico

March 20, 2009
While Mexico is in a much stronger position today than it was just ten years ago, the global financial crisis has worsened the near term economic outlook, the IMF finds in its latest assessment of the country’s economy.

Advanced Economies to Contract Sharply in 09, Upturn Next Year--IMF

March 19, 2009
Despite major stimulus packages announced by advanced economies and several emerging markets, trade volumes have shrunk rapidly, while production and employment data suggest that global activity continues to contract in the first quarter of 2009, the IMF says in a new assessment of the global economy.

Emerging Markets Face Growing Capital Account Pressures

March 19, 2009
Emerging market countries are facing increasing difficulties around the world because of the spreading economic crisis, with demand falling for their exports, investment slumping, and cross-border lending drying up, according to an assessment by the IMF.

Reducing Uncertainty

March 18, 2009
When uncertainty reigns and the economic environment is highly complex, the result is often extreme caution on the part of investors, consumers and firms. This behavior, in turn, feeds the crisis. To get the economy going again, we must reduce uncertainty, writes Tayo Fagbule.

G-20 Asks IMF to Track, Assess Global Crisis Response

March 14, 2009
Ministers from leading industrialized and emerging market economies in the G-20 ask the IMF to assess the policy responses taken so far by governments and central banks to combat the world economic crisis and back a substantial boost in the Fund’s lendable resources.

Africa Conference Debates Way Forward Amid Crisis

March 13, 2009
The international donor community must honor its commitments to Africa, but the continent can also do more to live up to its growth potential and strengthen its resilience, concluded participants at a two-day conference on Africa's economy in Dar es Salaam, Tanzania.

IMF Examines Scope to Revamp Regulation to Prevent Crises

March 13, 2009
Ahead of a series of international meetings on the global policy response to the world economic crisis, the IMF’s Finance & Development magazine examines the multiple facets of the recession and offers a variety of suggestions for strengthening regulation and governance to avert future crises.

Amid Crisis, Africa Calls for Stronger Partnership With IMF

March 11, 2009
African leaders, meeting at a two-day conference in Tanzania to discuss the continent’s response to the global financial crisis, urge a stronger partnership between the region and the IMF and call for enhanced surveillance over the policies of all its members.

IMF Pledges to Help Africa Get Through Global Crisis

March 10, 2009
The IMF pledges to help Africa get through the global economic crisis by providing extra funding and technical assistance and offers to be the voice of Africa at coming talks of major industrial and emerging market countries in London convened to agree ways to combat the worldwide trade and business slump.

Crisis Brings Reversal of Fortune to Caucasus and Central Asia

March 10, 2009
Growth in the resource-rich Caucasus and Central Asia (CCA) is projected to slow to under 2 percent in 2009 from 6 percent in 2008, as the deepening global crisis hits the region hard, the IMF says in its latest regional forecast.

IMF Pushes on Aid for Africa, Revival of World Trade Talks

March 09, 2009
The IMF, worried that economic gains in Africa will slip away because of the global downturn, presses advanced countries to honor, and even scale up, aid commitments and calls for a revival of stalled world trade negotiations.

IMF Lends Armenia $540 Million to Counter Crisis Impact

March 09, 2009
The IMF has approved a $540 million loan to Armenia to help the country cope with shocks and boost confidence in its currency and financial system.

IMF Urges Rethink Of How To Manage Global Systemic Risk

March 06, 2009
In the first comprehensive study of its nature, the IMF takes stock of the initial lessons learned from the global financial crisis, and urges a rethink of how to manage global systemic risk. Understanding what went wrong is key to restoring stability to the global economy.

Crisis-Hit Countries To See Sharp Rise in Government Debt

March 06, 2009
The cost of fiscal stimulus packages to revive economies battered by the financial crisis, combined with tax revenue losses from output decline and the huge price tag for financial sector restructuring, will be very large, the IMF says in a new study.

Poor Countries Need Extra Help to Get Through Global Crisis

March 05, 2009
A new IMF study finds that at least $25 billion in urgent concessional financing will be needed this year to help low-income countries affected by the deepening global economic crisis and prevent millions from falling back into poverty.

Economic Crisis Starts to Hit World's Poorest Countries

March 03, 2009
After first striking the advanced economies and then emerging markets, a third wave of the global financial crisis has begun to hit the world’s poorest and most vulnerable countries, threatening to undermine recent economic gains, IMF Managing Director Dominique Strauss-Kahn says.

Changing IMF Works Hard To Combat Global Crisis

February 26, 2009
The IMF's Reza Moghadam, who leads the work on the IMF's overall policies and strategy, talks about lessons learned from the financial crisis, the G-20's work on reforming the international financial system, and the IMF's new approach to lending.

IMF Backs Iceland As It Struggles with Uncertainty

February 24, 2009
The IMF is helping Iceland recover from the financial crisis. The IMF's new mission chief for Iceland, Mark Flanagan, looks at the economic challenges ahead, explains what role the IMF is playing in the restructuring of Iceland's banks, and how its money is being used.

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