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Message from the Managing Director

Amid rising global inequality and slowing growth, the IMF calls for bold, cooperative policy shifts to unlock opportunity, support vulnerable nations, and ensure the global economic system remains resilient, inclusive, and fit for the future.

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Getting to growth in an age of uncertainty

IMF Annual Report 2025

Part One

IN FOCUS

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Pursuing Durable Growth in an Uncertain World

Policymakers must resolve trade tensions, safeguard stability, and implement growth-oriented reforms to achieve durable growth in an uncertain world.

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Rising Debt Levels and Fiscal Adjustments

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures.

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Rising Financial Stability Risks

Global financial stability risks have increased due to tightening conditions, trade uncertainty, and vulnerabilities in capital markets, institutions, and sovereign debt.

A photo of Kristalina Georgieva smiling wearing a yellow blazer

Message from the Managing Director

Amid rising global inequality and slowing growth, the IMF calls for bold, cooperative policy shifts to unlock opportunity, support vulnerable nations, and ensure the global economic system remains resilient, inclusive, and fit for the future.

Part Two

WHAT WE DO

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Economic Surveillance

The IMF monitors the economic and financial policies of its members and provides advice and guidance.

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Lending

The IMF assists countries hit by crises by providing them financial support to create breathing room as they implement adjustment policies to restore economic stability and growth.

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Capacity Development

The IMF helps its members by providing technical assistance, training, and knowledge-sharing to improve their economic policies and make their institutions more effective.

Part Three

WHO WE ARE

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Executive Directors & Management Team

The IMF’s management team and 18 departments carry out its country, policy, analytical, and technical work.

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Resources

The IMF budget supports stability, efficiency, and cooperation, balancing resource growth with reducing temporary funds amid global challenges

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Accountability & Transparency

The IMF ensures accountability, transparency, and ethical conduct with its 191 members through audits, committees, risk management, and public engagement.

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Corporate Social Responsibility

The IMF's corporate social responsibility program focuses on staff engagement in volunteering and disaster relief efforts, philanthropic initiatives, and environmental sustainability.