IMF Managing Director's Statement to the Development Committee, April 2019
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- IMF Managing Director's Statement to the Development Committee, April 2019
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- Published: April 15, 2019
Global economic outlook
- Growth in advanced economies is losing momentum amid trade tensions and policy uncertainty.
- Downside risks to the global outlook are building.
Emerging market and developing economies (EMDEs)
- Activity in many emerging and low-income developing countries (EMDEs) has remained more robust, supported by still favorable financing conditions.
- Differences across EMDEs are large, however, and downside risks are building.
Policy priorities and recommendations
- Enhance resilience in response to a more challenging global environment.
- Create fiscal space for essential development spending.
- Contain debt vulnerabilities.
- Promote strong and inclusive growth.
Public finance and development actions
- Strengthen revenue generating capacity.
- Enhance public spending efficiency.
- Address infrastructure gaps as critical steps for reaching the 2030 Sustainable Development Goals.
IMF Managing Director's Statement to the Development Committee, April 15, 2019 — International Monetary Fund.
Content in this bundle
- The Managing Director's Written Statement to the Developement Committee, April 2019, April 10, 2019