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COVID-19 AND THE WAR IN UKRAINE
News & Publications
The 2025 Review of The Short-Term Liquidity Line
The Short-term Liquidity Line (SLL), introduced in 2020, was designed as a revolving liquidity backstop for countries with very strong economic fundamentals and institutional policy frameworks. It aims to address short-term, moderate balance of payments needs arising from capital flow volatility, helping to prevent emerging liquidity pressures from escalating into broader macroeconomic or financial instability. However, uptake has been limited, with only one arrangement for Chile in 2022, which was canceled shortly thereafter in favor of a Flexible Credit Line (FCL).
How Stablecoins Can Improve Payments and Global Finance
New technology can foster innovation and financial inclusion, or cause fragmentation and turbulence in many countries
Better Economic Measurement Is About Wiser Use, Not Just More Data
Statistics are a means, not an end, that should serve the public by helping us see the world more clearly and make better decisions
Industrial Policy Can Lift Productivity—but Comes With Risks and Trade-offs
Potential gains in targeted sectors and overall are not guaranteed and depend on careful policy design and implementation
How Europe Can Capture the AI Growth Dividend
Artificial intelligence could boost Europe’s productivity, but gains will hinge on efforts to deepen the single market and the calibration of regulation
Policy Actions Can Reinforce Growth Progress in Many G20 Economies
Concerted action on economic reforms can help the G20 achieve the group’s collective growth ambitions, but the reforms with the biggest payoff vary across countries
Sub-Saharan Africa: Steady Growth Amid Fiscal Challenges
Increasing government revenue and better managing debt can help foster resilience and accelerate growth
Podcast: Navigating a More Fragile World
With shock upon shock hitting the world economy in the last three years, IMF Managing Director Kristalina Georgieva's customary opening speech to the Annual Meetings warned of a darker global outlook and emphasized the need for the world to come together to deal with the consequences.














