{ "title": "Joint IMF-Regional Financing Arrangements Press Release on the 10th High-level RFA Dialogue", "publication": "IMF News, October 14, 2025", "sourceUrl": "https://www.imf.org/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue", "canonical": "https://www.imf.org/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue", "overlayPath": "/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/index.md", "summary": "On 14 October 2025, the Regional Financing Arrangements (RFAs) and the International Monetary Fund (IMF) marked a significant milestone with the convening of their 10th Annual High-Level Dialogue.", "publishDate": "2025-10-14", "sections": [ { "heading": "Overview and context", "content": "- Event: 10th Annual High-Level Dialogue between Regional Financing Arrangements (RFAs) and the International Monetary Fund (IMF).\n- Date of event: 14 October 2025.\n- Press Release No.: 25/343.\n- Since inception: Dialogue began in 2016; ten years of cooperation have deepened institutional ties and coordination across layers of the Global Financial Safety Net (GFSN).\n- Macroeconomic backdrop described: prolonged uncertainty, limited policy space for many economies, weak medium-term growth prospects, and transformative forces including digital technologies and artificial intelligence, demographic shifts, and climate transitions." }, { "heading": "Participants and contributions", "content": "- Convenors/participants included:\n - IMF\n - International Financial Architecture G20 Working Group\n - RFAs: the Arab Monetary Fund; the ASEAN+3 Macroeconomic Research Office cum the Chiang Mai Initiative Multilateralisation; the BRICS Contingent Reserve Arrangement; the Eurasian Fund for Stabilization and Development; the European Commission; the European Stability Mechanism; the Latin American Reserve Fund.\n- Key speakers:\n - IMF Managing Director Kristalina Georgieva — reaffirmed the Fund’s role at the centre of the GFSN and stressed close cooperation between the IMF and RFAs to safeguard economic stability, promote crisis prevention, and provide a more effective shield against crises.\n - Pablo Hernández de Cos, General Manager of the Bank for International Settlements — keynote address focused on the role of international reserves and the effectiveness of central bank currency reserves swap lines.\n - IMF staff presentation — latest assessment of the GFSN evaluating performance, identifying strengths, and proposing areas for improvement." }, { "heading": "Main findings and assessments", "content": "- Institutional and policy observations:\n - Cooperation over the past decade has deepened institutional ties between RFAs and the IMF.\n - Stronger coordination between layers of the GFSN can strengthen financial resilience and support member economies in navigating future crises.\n - The IMF provided an assessment of the GFSN that evaluated performance, identified strengths, and proposed areas for improvement (specific assessment details not provided on the page)." }, { "heading": "Commitments, outcomes, and next steps", "content": "- Reinforced commitments:\n - RFAs and the IMF reaffirmed shared commitment to cooperation, solidarity, and readiness to meet future challenges.\n - Emphasis on multilateralism as critical amid ongoing international economic shifts.\n- Announced future events:\n - The 10th Joint RFA Research Seminar will be held in Abu Dhabi in the first half of 2026.\n - The 11th High-level RFA Dialogue will be convened at the margins of the next IMF/World Bank Annual Meetings in Bangkok in October 2026." }, { "heading": "Media and contact information", "content": "- Publication date of press release: October 14, 2025.\n- Issuer: IMF Communications Department, MEDIA RELATIONS.\n- PRESS OFFICER: Randa Elnagar\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- Twitter/handle referenced: @IMFSpokesperson\n- Email notification option noted for IMF website updates (sign-up invitation referenced on the page).\n\nSource: IMF press release dated October 14, 2025 (Press Release No. 25/343).\n\n---\n\n\n References\n\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue" } ], "bullets": [ "[Markdown version](/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/index.md)", "[Structured JSON version](/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/index.json)", "[Bundle manifest](/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/bundle-manifest.json)", "Published: October 14, 2025", "Event: 10th Annual High-Level Dialogue between Regional Financing Arrangements (RFAs) and the International Monetary Fund (IMF).", "Date of event: 14 October 2025.", "Press Release No.: 25/343.", "Since inception: Dialogue began in 2016; ten years of cooperation have deepened institutional ties and coordination across layers of the Global Financial Safety Net (GFSN).", "Macroeconomic backdrop described: prolonged uncertainty, limited policy space for many economies, weak medium-term growth prospects, and transformative forces including digital technologies and artificial intelligence, demographic shifts, and climate transitions.", "Convenors/participants included:", "Key speakers:", "Institutional and policy observations:", "Reinforced commitments:", "Announced future events:", "Publication date of press release: October 14, 2025.", "Issuer: IMF Communications Department, MEDIA RELATIONS.", "PRESS OFFICER: Randa Elnagar", "Phone: +1 202 623-7100", "Email: MEDIA@IMF.org", "Twitter/handle referenced: @IMFSpokesperson", "Email notification option noted for IMF website updates (sign-up invitation referenced on the page).", "[Press Releases](https://www.imf.org/en/news/searchnews)", "[PRESS CENTER](http://presscenter.imf.org/)", "[https://www.imf.org/en/home](https://www.imf.org/en/home)" ], "alternates": { "markdown": "/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/index.md", "json": "/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/index.json", "bundleManifest": "/en/news/articles/2025/10/13/pr-25343-joint-imf-reg-fin-arrange-press-release-on-10th-high-level-rfa-dialogue/bundle-manifest.json" }, "generatedAtUtc": "2026-09-26T04:11:32.089Z" }