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A carpet shop, Tunisia. Economic program aims at fostering private sector development and inclusive growth (photo: Terry Harris/Stock Connection USA /Newscom)

IMF Loan Aims to Help Tunisia Boost Growth, Protect Poor

June 17, 2013

IMF Mission Chief for Tunisia Amine Mati explains the underlying reasons for the recent loan and the main ingredients of the government’s economic reform program.click for more

click for moreTunisia and the IMF
click for morePress release

click for moreRead the report
click for moreLagarde’s blog on Tunisia

IMF Survey Interview

Eastern Caribbean Currency Union Faces Similar Challenges to Euro Area

May 09, 2013
As the 2008 global crisis deepened, the euro area, the world’s largest and most well-known regional currency union, faced a number of challenges. In many respects, the smaller Eastern Caribbean Economic and Currency Union (ECCU) is an interesting microcosm of the euro area’s problems and its difficulties.

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In the News

Better Gender Balance at Top Helps Both Women and Men

June 04, 2013
Women’s many gains haven’t yet translated into equal opportunities, says the IMF’s F&D magazine, which focuses in its recently released June issue on how changes in the balance of power for women at work can improve the global economy.

IMF Outlines Steps to Energize Global Recovery

April 20, 2013
A broad mix of policies is needed to help put the global economy on a sustained and balanced growth path, the IMF said as it wrapped up the 2013 Spring Meetings against a backdrop of an uneven global recovery.

Move From ‘Three-speed’ To ‘Full-speed’ Global Recovery, Urges Lagarde

April 18, 2013
The global economy can move beyond an uneven recovery to achieve “full-speed” if countries take customized action on a range of policy fronts, IMF Managing Director Christine Lagarde said at the 2013 IMF-World Bank Spring Meetings.

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IMF Research

Countries Explore Sales of Nonfinancial Assets to Help Reduce Debt

May 08, 2013
Governments across the world are exploring whether they could use their nonfinancial assets, such as land and buildings, to help ease their deficit and debt burdens. Yet according to a new IMF study, it is still unclear how much revenue the asset sales can really yield.

Policy Actions Improve Prospects for Global Economy

April 16, 2013
The global economy is expected to continue mending gradually, says the IMF, whose latest forecast of economic growth projects 3.3 percent growth in 2013, and 4 percent in 2014. But with old dangers remaining and new risks emerging, policymakers cannot afford to relax their efforts.

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What the Numbers Show

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Did You Know?

The world’s population is projected to rise from 7 billion this year to over 9 billion in 2050. But low fertility combined with the fact that people are living longer means that 1.25 billion elderly (ages 60+) and 1 billion working-age adults will be added to the global population by 2050, while the number of people younger than 25 will hold steady at 3 billion.click for more

Countries & Regions

IMF Approves $15 Million Loan to Boost Mali’s Recovery

June 10, 2013
The IMF’s Executive Board approves a $15 million interest-free emergency loan for Mali to back policies aimed at macroeconomic stability and assisting economic recovery. The loan is under the IMF’s concessional window for countries that need rapid support after economic disruptions.

U.K. Should Restore Growth, Rebalance Economy

May 22, 2013
The United Kingdom could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job skills, the IMF said as it wrapped up its annual check of Europe’s third largest economy.

Economic Growth Moderates Across Middle East

May 21, 2013
Differences in economic growth across the Middle East and North Africa are expected to narrow in 2013, though economic conditions in the oil exporters and importers still differ, says the IMF in its latest regional outlook, which predicts growth at about 3.1 percent this year.

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Policy

Global Resilience, Sustainable Recovery Are IMF Work Priorities

June 06, 2013
The IMF’s work agenda for the coming months centers on invigorating a sustainable recovery and making the global economy more resilient. The plan also stresses identifying emerging risks and designing policies to encourage stronger and sustainable growth.

IMF Launches Discussion of Sovereign Debt Restructuring

May 23, 2013
The IMF is taking a fresh look at sovereign debt restructuring, with a robust work agenda on this issue in the coming months, said Hugh Bredenkamp, Deputy Director of the IMF’s Policy, Strategy, and Review Department.

IMF Assesses New Era of Monetary Policy

May 16, 2013
Several years of exceptionally low interest rates and bond buying by some advanced economy central banks have reduced the risk of deflation, stabilized the financial system, and calmed financial markets, but these unconventional policies also have potential negative side effects.

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The IMF Survey welcomes comments, suggestions, and brief readers' letters, a selection of which are posted under What readers say. Letters may be edited. Please address Internet correspondence to imfsurvey@imf.org.