IMFSurvey Magazine: Interview
March 13, 2015
Iceland has rebounded after the 2008/9 crisis and will soon surpass pre-crisis output levels with strong performance in tourism and fisheries. Debt ratios are down, balance sheets have broadly been restored, and the financial sector is back on track although some important items remain on the docket.
February 11, 2015
Following four years of political uncertainty and economic slowdown, Egypt has chosen a path of adjustment and reform which, if followed resolutely, will lead to economic stability and growth, the IMF said in its first comprehensive assessment of the North African nation’s economy since 2010.
December 22, 2014
While banks in the GCC countries are generally well capitalized, it is difficult for them to have a truly diversified credit portfolio given the structure of their economies, which exposes them to risks that require a greater amount of scrutiny, a new IMF study finds.
April 29, 2014
Making strides in economic transformation has become increasingly important as the Arab Countries in Transition—Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen—continue to chart their political paths, says Masood Ahmed, IMF Middle East Department Director in an interview.
February 24, 2014
The IMF should be like a family doctor who has an ongoing, close relationship with the patient, and not an emergency physician who appears only at times of crisis, suggests the new Director of the IMF’s Asia and Pacific Department.
October 21, 2013
Central, Eastern, and Southeastern Europe may be confronting a period of slower growth after years of robust expansion, says the International Monetary Fund in a new report which looks at how the region might increase its growth potential.
May 23, 2013
The IMF is taking a fresh look at sovereign debt restructuring, with a robust work agenda on this issue in the coming months, said Hugh Bredenkamp, Deputy Director of the IMF’s Policy, Strategy, and Review Department.
May 08, 2013
Having taken stock of the IMF’s work on job creation and growth, there is scope for the institution to provide more analysis and policy advice to help its members achieve their inclusive growth goals, says IMF Deputy Managing Director Min Zhu in an interview.
February 23, 2015
The Moroccan economy is faring better due to significant progress in implementing economic reforms, but the country should sustain efforts to maintain gains and achieve higher and inclusive growth, the IMF said in its latest annual assessment of the economy and first review of the liquidity line that Morocco obtained from the global lender in 2014.
February 05, 2015
The IMF will provide grants totaling $100 million to be used as debt relief to the three countries worst hit by the Ebola epidemic. Guinea, Liberia, and Sierra Leone will use the funds to cover the cost of servicing their debt.
March 19, 2014
The experience of the boom and bust in 2008-09 demonstrates the vulnerability of the member countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—to credit and asset price cycles, and makes macroprudential policies especially important, says IMF.
December 26, 2013
Africa’s economic growth should be more inclusive, and the middle class has a strong role to play in strengthening this growth, says economist Mthuli Ncube, who also gives his thoughts on the state of data in Africa and the continent’s stellar economic performance.
August 02, 2013
Spain’s economy is expected to emerge from recession later this year, but the IMF is calling for the European country to continue with reforms to strengthen its economy and bolster job creation.
June 28, 2013
When a country shifts from being a largely agrarian economy to one based on services or industry, it is said to have undergone “structural change”. This process has taken place in some Asian countries, but many low-income countries have yet to undergo structural transformation.
May 09, 2013
As the 2008 global crisis deepened, the euro area, the world’s largest and most well-known regional currency union, faced a number of challenges. In many respects, the smaller Eastern Caribbean Economic and Currency Union (ECCU) is an interesting microcosm of the euro area’s problems and its difficulties.
May 01, 2013
The IMF’s Executive Board approved a 48-month, $932 million Extended Arrangement for Jamaica. The program will help create the conditions for sustained growth through a significant improvement in the fiscal and debt positions and in competitiveness.
April 08, 2013
The IMF is studying ways to strengthen the focus of its debt limits policy on debt sustainability while allowing countries to manage debt in a more flexible way, a new report says. The IMF’s Executive Board has given the green light to develop proposals in the coming months.