IMF Publications

The Debt Reckoning: High debt is forcing governments to make hard fiscal choices

Finance and Development, March 2026

After years of crisis borrowing, public debt has risen to record highs. Governments can no longer defer hard fiscal tradeoffs and now face having to reconcile competing, and often difficult, choices.

World Economic Outlook Update, January 2026: Global Economy: Steady amid Divergent Forces

Global Economy: Steady amid Divergent Forces

World Economic Outlook Update, January 2026

Global growth is projected at 3.3% for 2026 and 3.2% for 2027, little changed from the October 2025 World Economic Outlook. Technology investment, fiscal and monetary support, accommodative financial conditions, and private sector adaptability offset trade policy shifts. Global inflation is expected to fall, but US inflation will return to target more gradually.

FLAGSHIP PUBLICATIONS

World Economic Outlook Update

Full Report: Global Economy: Steady amid Divergent Forces

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Global Financial Stability Report

Full Report: Shifting Ground beneath the Calm

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Fiscal Monitor

Full Report: Spending Smarter: How Efficient and Well-Allocated Public Spending Can Boost Economic Growth

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