## Development Committee: The Managing Director's Written Statement

_Policy Papers, October 20, 2025_

## Source details

**Canonical URL:** [Development Committee: The Managing Director's Written Statement](https://www.imf.org/en/publications/policy-papers/issues/2025/10/20/development-committee-the-managing-director-s-written-statement-571316)

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## Bibliographic details
- Published: October 20, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798229027410.007

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### Global outlook and risks
- The global economy is undergoing a profound transformation, and uncertainty runs high.
- The outlook points to dim growth prospects, both in the short and the medium term, though with notable variations across countries and regions.
- The world’s poorest economies are particularly at risk of seeing their growth momentum decelerate and their per capita income gap relative to advanced economies widen.

### Challenges facing Low-Income Developing Countries (LIDCs)
- LIDCs face specific challenges, including:
  - high debt vulnerabilities,
  - a dearth of external financing flows,
  - cuts to official aid,
  - more restrictive immigration policies.
- For LIDCs, strengthening capacity to mobilize domestic resources and implement growth-enhancing reforms is crucial.
- In parallel, donors should explore ways to mobilize more development assistance.

### Policy priorities and recommended actions
- Implement credible and sustainable policy actions.
- Build resilience against shocks.
- Safeguard macroeconomic and financial stability.
- Undertake structural reforms to unlock private sector-led growth.

### Publication metadata and identifiers
- Publication title: Development Committee: The Managing Director's Written Statement
- Date: October 20, 2025
- Pages: 5
- Volume: 2025
- Issue: 037
- Series: Policy Paper No. 2025/037
- DOI: https://doi.org/10.5089/9798229027410.007
- Stock No: PPEA2025037
- ISBN: 9798229027410
- ISSN: 2663-3493

*International Monetary Fund. Strategy, Policy, & Review Department "Development Committee: The Managing Director's Written Statement", Policy Papers 2025, 037 (2025).*

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## Content in this bundle

- **Policy Paper**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2025/10/20/development-committee-the-managing-director-s-written-statement-571316_