IMF and the Group of Twenty

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IMF and the Group of Twenty

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Scope of documents and activities

• Documents and activities of the International Monetary Fund (IMF) related to its relations with the Group of Twenty (G20).
• Core recurring themes: Strong, Sustainable, Balanced, and Inclusive Growth; G20 Data Gaps Initiative (DGI) and DGI-3; surveillance notes for G20 Finance Ministers and Central Bank Governors; background notes on revenue mobilization, macroeconomic vulnerabilities, aging and migration, inequality and social outcomes; macrofinancial implications of crypto assets; operational guidelines for sustainable financing; Mutual Assessment Process (MAP).

Recent major reports and background notes

• G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth, August 2026
• G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth, November 2025
• G20 Data Gaps Initiative (DGI-3), Third Phase of the G20 Data Gaps Initiative (DGI-3) Third Progress Report, October 2025
• G20 Background Note on Enhancing Domestic Revenue Mobilization Through Strengthening Revenue Administration, September 2025
• G20 Background Note on Macroeconomic Vulnerabilities in Africa: Key Issues and Policy Lessons, July 2025
• G20 Background Note on The Implications of Aging And Migration on Growth and Productivity, July 2025
• G20 Report, Strong, Sustainable, Balanced, and Inclusive Growth, November 14, 2024
• G20 Data Gaps Initiative (DGI-3), Third Phase of the G20 Data Gaps Initiative (DGI-3) Second Progress Report, October 2024
• G20/GIF/IMF Report for the G20 Infrastructure Working Group under the Brazilian Presidency: Addressing Exchange Rate Risk in Infrastructure Projects in EMDEs, October 2024
• IMF-FSB Status Report: G20 Crypto Asset Policy Implementation Roadmap: Status report, October 2024
• G-20 Report, Stepping Up Domestic Resource Mobilization: A New Joint Initiative from the IMF and the World Bank, July 2024
• G-20 Background Note, on the Impact of Growth on Inequality and Social Outcomes, July 2024
• G-20 Note, Alternative Options for Revenue Mobilization, June 2024

Surveillance, meetings, and operational outputs

• Regular G-20 Surveillance Notes for Finance Ministers and Central Bank Governors’ Meetings and Leaders’ Summits (examples include February 28-29, 2024 São Paulo, Brazil; July 17-18, 2023 Gandhinagar, India; July 15-16, 2022 Bali, Indonesia; numerous meetings from 2009–2024).
• G-20 Operational Guidelines for Sustainable Financing and related self-assessment survey results (Second Self-Assessment Survey Results and Policy Recommendations, December 1, 2021; Diagnostic Tool, November 15, 2019).
• Repeated reporting and progress updates on the G20 Data Gaps Initiative across phases (DGI-2 and DGI-3), with multiple Progress Reports in 2019–2025 and thematic framing as "People. Planet. Economy." for DGI-3.

Thematic policy work and analytical focus areas

• Data and statistical transparency
  • Ongoing implementation and progress reporting for the G20 Data Gaps Initiative (DGI-2, DGI-3) with multiple progress reports and status assessments.
• Growth strategies and mutual assessment
  • Recurrent G20 Reports on Strong, Sustainable, Balanced, and Inclusive Growth across multiple years (examples: 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026).
  • Mutual Assessment Process (MAP) outputs and staff sustainability assessments (examples include 2011, 2012, 2013, 2015).
• Domestic revenue mobilization and tax policy
  • Background notes and joint IMF–World Bank initiatives on domestic resource mobilization, tax policy, and revenue administration.
  • "Stepping Up Domestic Resource Mobilization: A New Joint Initiative from the IMF and the World Bank", July 2024.
• Macrofinancial stability and macroprudential policy
  • Background notes and progress reports on macroprudential policy tools and frameworks prepared with the FSB and BIS.
  • Work on capital flow management measures, foreign currency exposures, and public debt transparency.
• Climate finance and sustainable finance
  • Background notes and synthesis papers on mobilizing climate finance and applying G-20 Principles for Sustainable Finance Alignment with a focus on climate change mitigation.
• Digital assets and crypto
  • IMF–FSB synthesis papers and status reports on crypto-assets and the G20 Crypto Asset Policy Implementation Roadmap (September–October 2023 and October 2024).
• Inequality, demographic change, and productivity
  • Background notes on the implications of aging and migration for growth and productivity, and on the impact of growth on inequality and social outcomes.
• Crisis response and recovery
  • Background and surveillance notes addressing pandemic-related scarring, food and energy insecurity, and policy responses to crises (examples spanning 2020–2023).

Representative timeline highlights (selected years and outputs)

• 2026: G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth, August 2026
• 2025: G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth, November 2025; DGI-3 Third Progress Report, October 2025; multiple G20 background notes, July–September 2025
• 2024: G20 Report, November 14, 2024; DGI-3 Second Progress Report, October 2024; IMF-FSB Crypto Asset Roadmap Status report, October 2024
• 2023: G-20 Report, Strong, Sustainable, Balanced, and Inclusive Growth, November 7, 2023; DGI-3 First Progress Report, November 8, 2023; IMF–World Bank–OECD Synthesis Paper on Sustainable Finance Alignment, September 13, 2023
• 2021–2022: Operational Guidelines self-assessment, December 1, 2021; multiple G-20 Surveillance Notes and background technical annexes on pandemic scarring and recovery (May–July 2022)

Content in this bundle

• Third Phase of the Data Gaps Initiaitve First Progress Report
  • Third Phase of the Data Gaps Initiaitve First Progress Report (Markdown version)
  • Third Phase of the Data Gaps Initiaitve First Progress Report (PDF)
• Third Phase of the G20 Data Gaps Initiative
  • Third Phase of the G20 Data Gaps Initiative (Markdown version)
  • Third Phase of the G20 Data Gaps Initiative (PDF)
• Third Phase of the G20 Data Gaps Initiative — Third Progress Report 2025
  • Third Phase of the G20 Data Gaps Initiative — Third Progress Report 2025 (Markdown version)
  • Third Phase of the G20 Data Gaps Initiative — Third Progress Report 2025 (PDF)
• G20 Data Gaps Initiative Dgi 2 Sixth Progress Report
  • G20 Data Gaps Initiative Dgi 2 Sixth Progress Report (Markdown version)
  • G20 Data Gaps Initiative Dgi 2 Sixth Progress Report (PDF)
• G20 economies: Notes on status of progress and key challenges
  • G20 economies: Notes on status of progress and key challenges (Markdown version)
  • G20 economies: Notes on status of progress and key challenges (PDF)
• G20 Methodology for Remittance Corridor Risk Assessment
  • G20 Methodology for Remittance Corridor Risk Assessment (Markdown version)
  • G20 Methodology for Remittance Corridor Risk Assessment (PDF)
• G-20 Report, Strong, Sustainable, Balanced, and Inclusive Growth
  • G-20 Report, Strong, Sustainable, Balanced, and Inclusive Growth (Markdown version)
  • G-20 Report, Strong, Sustainable, Balanced, and Inclusive Growth (PDF)
• Online Annex
  • Online Annex (Markdown version)
  • Online Annex (PDF)
• Note for the G20 International Financial Architecture Working Group G20 Operational Guidelines for
  • Note for the G20 International Financial Architecture Working Group G20 Operational Guidelines for (Markdown version)
  • Note for the G20 International Financial Architecture Working Group G20 Operational Guidelines for (PDF)
• G20 Data Gaps Initiative Dgi 2 Closing Report
  • G20 Data Gaps Initiative Dgi 2 Closing Report (Markdown version)
  • G20 Data Gaps Initiative Dgi 2 Closing Report (PDF)
• G20 Dgi 2 Status of Progress and Key Challenges Update End 2021
  • G20 Dgi 2 Status of Progress and Key Challenges Update End 2021 (Markdown version)
  • G20 Dgi 2 Status of Progress and Key Challenges Update End 2021 (PDF)
• Technical Annex
  • Technical Annex (Markdown version)
  • Technical Annex (PDF)
• G-20 Background Note, Minimizing Scarring from the Pandemic
  • G-20 Background Note, Minimizing Scarring from the Pandemic (Markdown version)
  • G-20 Background Note, Minimizing Scarring from the Pandemic (PDF)
• Macrofinancial Implications of Crypto Assets
  • Macrofinancial Implications of Crypto Assets (Markdown version)
  • Macrofinancial Implications of Crypto Assets (PDF)
• Policies for Crypto-Assets,
  • Policies for Crypto-Assets, (Markdown version)
  • Policies for Crypto-Assets, (PDF)
• Domestic Resource Mobilization
  • Domestic Resource Mobilization (Markdown version)
  • Domestic Resource Mobilization (PDF)
• G20 Report 2024 Financial Platforms Macrofinancial Implications Imf Oct2024 Final Board Publish
  • G20 Report 2024 Financial Platforms Macrofinancial Implications Imf Oct2024 Final Board Publish (Markdown version)
  • G20 Report 2024 Financial Platforms Macrofinancial Implications Imf Oct2024 Final Board Publish (PDF)
• G20 Report, Strong, Sustainable, Balanced, and Inclusive Growth
  • G20 Report, Strong, Sustainable, Balanced, and Inclusive Growth (Markdown version)
  • G20 Report, Strong, Sustainable, Balanced, and Inclusive Growth (PDF)
• IMF-FSB Status Report: G20 Crypto Asset Policy Implementation Roadmap: Status report
  • IMF-FSB Status Report: G20 Crypto Asset Policy Implementation Roadmap: Status report (Markdown version)
  • IMF-FSB Status Report: G20 Crypto Asset Policy Implementation Roadmap: Status report (PDF)
• G20 Background Note Enhancing Domestic Revenue Mobilization Through Strengthening Revenue Administra
  • G20 Background Note Enhancing Domestic Revenue Mobilization Through Strengthening Revenue Administra (Markdown version)
  • G20 Background Note Enhancing Domestic Revenue Mobilization Through Strengthening Revenue Administra (PDF)
• G20 Background Note on The Implications of Aging And Migration on Growth and Productivity
  • G20 Background Note on The Implications of Aging And Migration on Growth and Productivity (Markdown version)
  • G20 Background Note on The Implications of Aging And Migration on Growth and Productivity (PDF)
• G20 Background Note on Macroeconomic Vulnerabilities in Africa: Key Issues and Policy Lessons
  • G20 Background Note on Macroeconomic Vulnerabilities in Africa: Key Issues and Policy Lessons (Markdown version)
  • G20 Background Note on Macroeconomic Vulnerabilities in Africa: Key Issues and Policy Lessons (PDF)
• SECTION III — Addressing Exchange Rate Risk in Infrastructure Projects in EMDEs
  • SECTION III — Addressing Exchange Rate Risk in Infrastructure Projects in EMDEs (Markdown version)
  • SECTION III — Addressing Exchange Rate Risk in Infrastructure Projects in EMDEs (PDF)
• G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth
  • G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth (Markdown version)
  • G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth (PDF)
• G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth
  • G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth (Markdown version)
  • G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth (PDF)
• 101515af (PDF)
• 101515f (PDF)
• Pr15517t (PDF)
• 021411 (PDF)
• 053110 (PDF)
• 062710a (PDF)
• 063011 (PDF)
• 070911 (PDF)
• G-20 Background Note, Global Economy Beyond the Crisis: Challenges Over the Medium Term (PDF)
• 090309b (PDF)
• G-20 Background Note, Global Economy Beyond the Crisis: Framework for Sustainable Growth (PDF)
• G-20 Data Gaps Initiative, Progress Report (PDF)
• 093013 (PDF)
• 101511 (PDF)
• 101515 (PDF)
• 101515a (PDF)
• 102711 (PDF)
• 102909 (PDF)
• 110211 (PDF)
• 110311 (PDF)
• 110411a (PDF)
• 110411b (PDF)
• 110411c (PDF)
• G-20 Mutual Assessment Process (PDF)
• 022113annx (PDF)
• 5thprogressrep (PDF)
• G-20 Background Note, Budget Institutions in G-20 Countries (PDF)
• G-20 Background Note, Growth-Friendly Fiscal Policy (PDF)
• G-20 Background Note, Advancing the Work on Foreign Currency Exposures (PDF)
• G-20 Background Note, Quantifying the Impact of G-20 Members' Growth Strategies (PDF)
• 111515background (PDF)
• 6thprogressrep (PDF)
• G-20 Background Note, Work on Foreign Currency Exposures (PDF)
• 083116 (PDF)
• 090116 (PDF)
• 090216 (PDF)
• 121416 (PDF)
• G-20 Background Note, Tax Certainty, Prepared by Staff of the IMF and the OECD (PDF)
• 041817 (PDF)
• 060317 (PDF)
• G-20 Background Note, Fostering Inclusive Growth (PDF)
• 092117 (PDF)
• G-20 Background Note, Technology and the Future of Work (PDF)
• G-20 Background Note, Recent Developments on Local Currency Bond Markets in Emerging Economies (PDF)
• G-20 Background Note, The Future of Work: Measurement and Policy Challenges (PDF)
• G-20 Background Note, Strengthening Public Debt Transparency (PDF)
• G-20 Background Note, The IMF's Institutional View on Capital Flows in Practice (PDF)
• 082918 (PDF)
• 092518 (PDF)
• G-20 Background Note, IMF 2018 Taxonomy of Capital Flow Management Measures (PDF)
• , IMF 2018 CFM Taxonomy Database (XLSX)
• Agenda (PDF)
• Issues Note (PDF)
• Seminar Summary (PDF)
• G-20 Background Note, Macroeconomics of Aging and Policy Implications (PDF)
• G-20 Background Note, Global Imbalances (PDF)
• 101119 (PDF)
• 101119a (PDF)
• G-20 Operational Guidelines for Sustainable Financing—Diagnostic Tool (PDF)
• 012820 (PDF)
• 061120 (PDF)
• G-20 Background Note, Implementation of the G-20 Action Plan, (PDF)
• G-20 Background Note, Tax Policy and Climate Change, Prepared by Staff of the IMF and the OECD (PDF)
• G-20 Background Note, Boosting Productivity in the Aftermath of COVID-19 (PDF)
• Online Annex (PDF)
• G-20 Background Note, Reaching Net Zero Emissions (PDF)
• Online Annex (PDF)
• G-20 Background Note, on the Impact of Growth on Inequality and Social Outcomes (PDF)
• Map2015 (PDF)
• G-20 Mutual Assessment Process (PDF)
• Policy Paper (2016) (PDF)
• Policy Paper (2016) (PDF)
• G-20 Background Note, The Role of the SDR: Initial Considerations (PDF)
• Pr16176 (PDF)
• 090110 (PDF)
• Pr13269r (PDF)
• 101515as (PDF)
• 101515s (PDF)

References

• G20 Surveillance Notes
• G20 Data Gaps Initiative
• G20 Reports on Strong, Sustainable, Balanced, and Inclusive Growth
• IMF Blog: Weak Global Economy, High Inflation, and Rising Fragmentation Demand Strong G20 Action
• IMF Blog: Volatile Commodity Prices Reduce Growth and Amplify Swings in Inflation
• IMF Chart of the Week Blog, Slowing Global Economic Growth is Increasingly Evident, High-Frequency Data Show
• Press Release, FSB and IMF Publish 2021 Progress Report on the G20 Data Gaps Initiative
• Press Release, IMF Managing Director Kristalina Georgieva Calls for Strong G20 Policies to Counter ‘Dangerous Divergence’
• Remarks by IMF Managing Director Kristalina Georgieva to G20 on Economic Impact of COVID-19
• Press Release, FSB and IMF publish 2019 Progress Report on G-20 Data Gaps Initiative
• Press Release, IMF Managing Director Christine Lagarde Calls for Stronger International Cooperation
• Press Release, IMF Managing Director Lagarde Calls for Cooperation to Support Global Growth
• Joint G-20/IMF Seminar on Global Imbalances
• Video
• Press Release, IMF Managing Director Christine Lagarde Calls for Decisive and Collaborative Action by G-20 Leaders as Global Growth Moderates and Risks Increase
• Press Release, FSB and IMF Publish the 2018 Progress Report on G-20 Data Gaps Initiative
• Press Release, Statement by the IMF's Managing Director on the G-20 Finance Ministers and Central Bank Governors meeting in Argentina
• Press Release, IMF Managing Director Christine Lagarde Calls for G-20 Policies to Make Growth More Resilient and More Widely Shared
• Press Release, FSB and IMF Report on Progress with G-20 Data Gaps Initiative
• Press Release, IMF Managing Director Christine Lagarde Urges Action to Strengthen Global Growth and Build Inclusive Economies
• Press Release, Joint Statement by the Heads of the IMF, World Bank, and WTO on the Need to Reinvigorate Trade to Boost Global Economic Growth
• Press Release, The Platform for Collaboration on Tax Delivers a Toolkit to Provide Guidance to Developing Countries to Better Protect Tax Bases
• Press Release, IMF Managing Director Christine Lagarde Calls for Global Cooperation and Strong Policies to Sustain the Growth Momentum
• Press Release, IMF Christine Lagarde Urges Action to Deliver on G-20's Hangzhou Commitments
• Press Release, IMF, FSB, and BIS Publish Elements of Effective Macroprudential Policies
• Press Release, IMF Christine Lagarde Calls for Broad-Based Policy Effort to Reinvigorate Growth
• Transcript, Press Briefing by IMF Managing Director Christine Lagarde