COVID-19
The IMF is fully committed to supporting our member countries, particularly the most vulnerable; we have the tools to help; and we are coordinating closely with our partner institutions.
In line with the framework for addressing excessive delays in the completion of Article IV consultations, the following table lists the IMF members for whom the Article IV consultation has been delayed by more than 18 months as of June 30, 2026.
Egypt entered the recent war in the Middle East from a much stronger macroeconomic position than in previous episodes—supported by solid growth, declining inflation, stronger external buffers, and an improved primary fiscal balance—and responded swiftly with an orthodox policy mix. External conditions have since improved markedly following the U.S.–Iran agreement and broader regional de-escalation. Nonetheless, vulnerabilities remain elevated, reflecting high public debt and large gross financing needs. Accelerating reforms to reduce the state’s footprint and support the private sector remains essential.
Authors probe complex issues to shed light on global economic challenges
After restoring stability, Argentina needs to turn hard-won gains into lasting prosperity
Sustained rebalancing requires policy action in both surplus and deficit countries
Stronger oversight, better data, and deeper coordination are needed to safeguard faster and more interconnected markets
With the rise of more expansive investment models, it is time to renew focus on sound legal frameworks
Less demand, more production, and inventory drawdowns prevented a larger price spike. A quick supply recovery is essential to avoid further damage to the global economy
