COVID-19

Overview

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.

    Highlights

    News & Publications

    The Syrian Arab Republic: Technical Assistance Report-Report on the National Accounts Compilation Mission (September 2–4, 2025)
    December 31, 2025

    A mission was undertaken in Beirut, Lebanon, from September 2 to 4, 2025, by the IMF Middle East Regional Technical Assistance Center (METAC) with the objective of enhancing Syria’s national accounts. The mission evaluated the current work plan for improving annual GDP estimates for 2022–2024 and provided recommendations to the Central Bureau of Statistics (CBS). A comprehensive workplan was established to review data sources, compile supply and use tables, and strengthen staff competencies. This initiative encompasses both immediate improvements and medium-term capacity development, conducted in close coordination with the United Nations Economic and Social Commission for Western Asia.

    Improving Investment in Human Capital in Croatia: Efficiency of Public Spending on Education and Healthcare
    December 30, 2025

    Croatia’s public spending efficiency in education and healthcare can be increased. Increased efficiency would free fiscal resources that could be used for fiscal savings and/or improved outcomes. This would require reforms such as consolidating schools, increasing instructional hours, revising curricula, shifting emphasis from vocational education toward general education, and supporting tertiary enrollment. In healthcare, reforms should focus on telemedicine and primary care, reorganizing hospitals, and prioritizing preventive measures. These reforms would also foster human capital accumulation, reduce labor shortage and skills mismatches, boost productivity, and increase the creation and diffusion of innovation. They would improve potential growth.

    Evaluating Armenia’s Fiscal Framework
    December 30, 2025

    This paper evaluates Armenia’s fiscal framework, focusing on fiscal rule design and implementation. Despite the 2018 reforms strengthening the Armenia’s fiscal rules, limitations persist: rules are somewhat procyclical and complex, ex-post enforcement is not legally binding, coverage is restricted to central government, and operational flexibility is limited. Armenia’s fiscal rules have served the country well, but further improvements could be considered. Drawing on international best practices, the paper recommends upgrading fiscal rules to improve countercyclicality, simplify design, broaden coverage, and strengthen transparency and enforcement. Proposed reforms include consolidating expenditure rules, formalizing escape clauses, expanding coverage, and empowering independent oversight.

    Aruba’s Demographics and Its Potential Impact on the Labor Market and Output
    December 30, 2025

    Historically, Aruba benefited from population growth that expanded the labor force, thereby boosting productivity and fostering economic growth—a phenomenon known as the “demographic dividend”. However, declining fertility rates and a rapidly aging population are altering the balance between the economically active working population and those dependent on them. This study analyzes recent demographic trends and their potential impact on the labor markets and medium-term growth. Then, it discusses policies that could help to increase labor force participation (LFP) and reduce bottlenecks on further growth.

    Blogs

    Top 10 Blogs of 2025
    December 29, 2025

    Debt, Stablecoins, AI, and Global Economy’s New Era Drew Blog Readers

    Top Five IMF Blog Charts of 2025
    December 22, 2025

    Chart of the Week visuals illustrate major developments during a year of uncertainty and resilience

    How Stablecoins Can Improve Payments and Global Finance
    December 4, 2025

    New technology can foster innovation and financial inclusion, or cause fragmentation and turbulence in many countries

    Better Economic Measurement Is About Wiser Use, Not Just More Data
    December 3, 2025

    Statistics are a means, not an end, that should serve the public by helping us see the world more clearly and make better decisions

    Industrial Policy Can Lift Productivity—but Comes With Risks and Trade-offs
    November 25, 2025

    Potential gains in targeted sectors and overall are not guaranteed and depend on careful policy design and implementation

    How Europe Can Capture the AI Growth Dividend
    November 20, 2025

    Artificial intelligence could boost Europe’s productivity, but gains will hinge on efforts to deepen the single market and the calibration of regulation

    Multimedia

    Podcast: Navigating a More Fragile World

    With shock upon shock hitting the world economy in the last three years, IMF Managing Director Kristalina Georgieva's customary opening speech to the Annual Meetings warned of a darker global outlook and emphasized the need for the world to come together to deal with the consequences.