IMF Country Focus

• Angola: Promoting Sustained, Inclusive Growth and Reducing Oil Dependency

  December 19, 2019

  

  The IMF has approved the second review of its largest program in sub-Saharan Africa. It has given the green light to continued financial support to Angola under the Extended Fund Facility. This will mean about $1.5 billion disbursed, of a planned total of $3.7 billion.

• Equatorial Guinea: Promoting Inclusive Growth, Improving Governance and Transparency

  December 18, 2019

  

  The IMF has agreed a program with Equatorial Guinea worth around $283 million, which will have governance and anti-corruption reforms at its heart. The agreement aims to support the recovery of the economy, which has been contracting for the past six years, and promote sustainable and inclusive growth.

  
  

• Greening Growth in Mongolia

  December 10, 2019

  

  Mongolia’s livestock industry, once the primary engine of the economy, now faces threats from climate change and overgrazing. Without prompt policy action, the national and regional costs will continue to grow, weighing on both economic growth and inequality.

• Jamaica: On the Path to Higher Economic Growth

  November 7, 2019

  

  In an interview with Uma Ramakrishnan, former head of the IMF team for Jamaica, we discuss the history, evolution, and achievements of the country's recently-concluded program. 

• Europe: Facing Spillovers From Trade and Manufacturing

  November 6, 2019

  

  As in the rest of the world, European trade and manufacturing have weakened. There are some signs that this slowdown is spreading into the rest of the economy. While services and consumption have remained relatively resilient in line with strong labor markets, investment is starting to lose steam.

• Building on South Asia's Economic Success

  November 4, 2019

  

  South Asia is poised to play a key role in the global economy, building on the steady economic progress and reform process over the last few decades. Despite the recent global economic slowdown, India remains among the fastest-growing large economies, and South Asia’s contribution to global growth is set to increase.

• Interview with Alejandro Werner on the Latest Economic Developments in Latin America

  October 28, 2019

  

  In a wide-ranging interview with Alejandro Werner, the head of the IMF’s Western Hemisphere Department, we discuss the Regional Economic Outlook report, as well as the latest developments in Argentina and Ecuador. 

• Why Improving Fiscal Institutions is Critical to the Middle East and Central Asia

  October 28, 2019

  

  In the decade since the global financial crisis, countries in the Middle East and Central Asia have grappled with rising deficits and debt. Fiscal challenges have also arisen in the context of underdeveloped and ineffective fiscal institutions. The latest Regional Economic Outlook explores how these institutions relate to fiscal outcomes.

• Making the Most of Capital Flows in the Middle East and Central Asia

  October 28, 2019

  

  The latest Regional Economic Outlook analyzes the evolution of capital inflows to the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and to countries in the Caucasus and Central Asia (CCA), exploring how they can most effectively contribute to economic growth.

• Prolonged Uncertainty Weighs on Asia's Economy

  October 22, 2019

  

  Asia’s strong trade and financial integration is a manifestation of the region’s success. However, this can also be a source of vulnerability amid continuing weakness in global trade and investment, and the region is caught in prolonged global policy uncertainty. Nonetheless, Asia remains the fastest-growing region in the world.

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