What's New Archive

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Global Food Crisis Update: Recent Developments, Outlook, and IMF Engagement

April 12, 2023
IMF Notes No 2023/002  

Transcript of April 2023 World Economic Outlook Press Briefing

April 11, 2023
Transcript of April 2023 World Economic Outlook Press Briefing  

Transcript of the April 2023 Global Financial Stability Report Press Briefing

April 11, 2023
Transcript of the April 2023 Global Financial Stability Report Press Briefing  

IMF Approach to Central Bank Digital Currency Capacity Development

April 11, 2023
Policy Paper No. 2023/016  

Statement from International Monetary Fund Managing Director, COP28 President-Designate, and UN Special Envoy for Climate Action and Finance

April 11, 2023
Participants at the roundtable included representatives from governments, international financial institutions, development banks, philanthropic organizations, and private financial institutions committed to net zero.  

Review of Implementation of The 2018 Framework for Enhanced Fund Engagement on Governance

April 11, 2023
Policy Paper No. 2023/015  

Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development

April 11, 2023
G-24 members express their condolences over the human suffering experienced from various crises globally. We recognize that these crises are stretching the capability of governments as well as humanitarian agencies to cope with the challenges, and strongly support international efforts to restore peace, stability and livelihoods.  

IMF Executive Board Concludes Review of the Implementation of the Framework for Enhanced Engagement on Governance

April 11, 2023
IMF Executive Board Concludes Review of the Implementation of the Framework for Enhanced Engagement on Governance  

Global Financial Stability Tested by Higher Inflation and Interest Rates

April 11, 2023
Financial stability never comes easy, but the past few months have been especially challenging with persistently high inflation and two bank failures in the United States that exposed vulnerabilities lurking beneath the surface.  

World Economic Outlook, April 2023: A Rocky Recovery

April 11, 2023

Burundi Implements the International Monetary Fund’s Enhanced General Data Dissemination System

April 10, 2023
The National Summary Data Page will serve as a one-stop publication for disseminating the data recommended under the e-GDDS, covering national accounts and prices, government operations and debt, the monetary and financial sector, and the external sector. The National Summary Data Page will facilitate access for data users in Burundi and abroad, including policymakers, financial sector, private investors, think tanks, and the media. More broadly, aligning data with the e-GDDS will make it accessible in a standardized way to facilitate analysis of economic trends across countries, and to allow early detection of risks that could help avert economic crises. This supports sustainable economic growth and development.  

IMF Managing Director Kristalina Georgieva’s Opening Remarks

April 10, 2023
IMF Managing Director Kristalina Georgieva’s Opening Remarks IFF/BWC/Paulson Institute Panel on “Scaling Up Resilience and Sustainability Financing, ” April 10, 2023  

IMF Reaches Staff-Level Agreement on a 40-Month Extended Credit Facility with Burundi

April 10, 2023
IMF Reaches Staff-Level Agreement on a 40-Month Extended Credit Facility with Burundi  

2023 Review of Resource Adequacy of the Poverty Reduction and Growth Trust, Resilience and Sustainability Trust, and Debt Relief Trusts

April 7 , 2023
PRGT finances were found to be under strain owing to substantially stronger demand for PRGT loans and sharply higher interest rates than previously envisaged; since the pandemic, the IMF has supported more than 50 low-income countries with over SDR 17 billion (about $24 billion) in interest-free loans. The PRGT faces a shortfall of SDR 1.2 billion (about $1.6 billion) in pledges for subsidy resources and SDR 3.5 billion (about $4.7 billion) for loan resources to complete the first stage of the 2021 funding strategy. In these circumstances, a multi-pronged strategy is proposed to make the PRGT whole through a concerted push to mobilize broad-based contributions to address gaps in subsidy and loan resources in the near-term, coupled with further steps during the 2024/25 comprehensive PRGT review to put the PRGT on a sustainable footing to deliver sufficient support to LICs in the long-term.  

IMF Staff Concludes Visit to Ethiopia

April 7 , 2023
An International Monetary Fund (IMF) mission led by Mr. Alvaro Piris visited Addis Ababa from March 27 to April 7, 2023, to hold discussions on the authorities’ request for IMF support for their reform program.  

UN Refugee Chief Filippo Grandi on Where Economics Fits In

April 6 , 2023
Financial stability is not only about managing inflation, employment rates and spending, it’s about understanding how those factors affect people in different places and in all kinds of circumstances.  

The Path to Growth: Three Priorities for Action

April 6 , 2023
Managing Director's Curtain Raiser speech ahead of the 2023 World Bank Group - IMF Spring Meetings  

IMF Reaches Staff-Level Agreement on the First Review of the Extended Credit Facility and Conducts Discussions on the 2023 Article IV Consultation with Zambia

April 6 , 2023
• Zambia will have access to about US$188 million in financing once the review is approved by IMF Management and formally completed by the IMF Executive Board. To remove any hurdles to the timely completion of the review, Zambia needs official creditors to move forward and reach agreement on a debt treatment in line with the financing assurances they provided in July 2022.  

IMF Reaches Staff Level Agreement with Côte d’Ivoire on a $3.5 billion EFF/ECF Arrangement

April 5 , 2023
The IMF-supported program would aim to preserve fiscal and debt sustainability and advance the authorities’ reform agenda for deeper economic transformation under the 2021-25 National Development Plan. The authorities have taken measures to strengthen macroeconomic stability and reverse widening fiscal and external imbalances as the economic has been hit hard by the triple shock of the Covid-19 pandemic, global financial tightening, and adverse spillovers from Russia’s war in Ukraine  

Amid War, Ukraine Is Maintaining Macroeconomic Stability and Embarking on Reforms

April 5 , 2023
A new IMF program will support the authorities to stabilize the economy and help speed Ukraine’s recovery and reconstruction.  

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