What's New Archive

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Sweden: Financial Sector Assessment Program–Technical Note on Cybersecurity Risk Supervision and Oversight

April 5 , 2023
Country Report No. 2023/135  

Sweden: Financial Sector Assessment Program–Technical Note on Central Bank Digital Currency and Fintech

April 5 , 2023
Country Report No. 2023/134  

Sweden: Financial Sector Assessment Program–Technical Note on Supervision and Disclosure of Climate-Related Risks

April 5 , 2023
Country Report No. 2023/137  

Sweden: Financial Sector Assessment Program–Technical Note on Oversight and Supervision of Financial Market Infrastructures and Selected Issues in Payment Systems

April 5 , 2023
Country Report No. 2023/136  

IMF Staff and Paraguayan Authorities Reach Staff-Level Agreement on the First Review of the Policy Coordination Instrument (PCI)

April 5 , 2023
The fiscal consolidation path remains on track. Quantitative targets and reform targets were broadly met. The mission held cordial and constructive discussions with the authorities about the economic outlook and the reform agenda going forward.  

IMF Reaches Staff-Level Agreement with Benin on the Second Review under the Extended Fund Facility and the Extended Credit Facility Arrangements

April 5 , 2023
“The Beninese economy is gaining strength. The authorities’ balanced policy response to external shocks, supported by frontloaded financing under the EEF/ECF, has boosted business confidence. Economic activity is estimated to have expanded by 6.3 percent in 2022, buoyed by construction and good harvest. While the outlook is favorable, supported by the expansion of the special economic zone and the modernization of the Port of Cotonou, geoeconomic fragmentation poses an important risk, with the protracted war in Ukraine and the challenging regional security situation straining external accounts and threatening food security.  

Serbia: Staff Concluding Statement of the First Review Under the Stand-By Arrangement and the 2023 Article IV Mission

April 5 , 2023
The Serbian economy has shown resilience in the face of strong headwinds. Over the past year or so, sharply higher food and energy prices, shortfalls in domestic electricity production, regional drought conditions, weak trading partner growth and tightening global financial conditions have posed major challenges to the Serbian economy. Real GDP growth was 2.3 percent in 2022 and, for this year, growth is projected to be around 2 percent as tight macroeconomic policies and weak trading partner growth weigh on activity. But the 2022 fiscal outcome was stronger than expected, as were the current account balance and reserve outcomes. And, reflecting ongoing reforms, growth is expected to recover to 3 percent in 2024, and to return to potential of about 4 percent over the medium term.  

Data for a Greener World: A Guide for Practitioners and Policymakers

April 4 , 2023

Are We Heading for Another Debt Crisis in Low-Income Countries? Debt Vulnerabilities: Today vs the pre-HIPC Era

April 4 , 2023
Working Paper No. 2023/079  

IMF Staff Reached Staff-Level Agreement on the First Reviews of the Policy Coordination Instrument and Arrangement under Resilience and Sustainability Facility with Rwanda

April 4 , 2023
“The Rwandan authorities and IMF mission team reached staff-level agreement on the economic and financial policies needed to complete the first reviews under the PCI and RSF arrangement. The agreement is subject to approval by the IMF Management and Executive Board. Consideration by the Board is tentatively scheduled for May 2023. Upon completion of the Executive Board review, Rwanda would have access to SDR 55.46 million (equivalent to about US$ 74.6 million) under the RSF.  

Switzerland: Staff Concluding Statement of the 2023 Article IV Mission

April 4 , 2023
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country.  

Argentina: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waiver for Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Argentina

April 3 , 2023
Country Report No. 2023/133  

IMF Executive Board Approves Two-Year US$5.0 Billion Flexible Credit Line Arrangement for Morocco

April 3 , 2023
Since 2012, Morocco had benefited from four successive Precautionary and Liquidity Line (PLL) arrangements, amounting each to about US$ 3 billion. The first PLL was approved on August 3, 2012, and three additional approved on July 28, 2014, July 22, 2016, and December 17, 2018. The fourth PLL expired on April 7, 2020, when the authorities purchased all available resources under the PLL to limit the social and economic impact of the COVID-19 pandemic and allow Morocco to maintain an adequate level of official reserves to mitigate pressures on the balance of payments.  

Review of the Role of Trade in the Work of the Fund

April 3 , 2023
Policy Paper No. 2023/013  

IMF Executive Board Concludes the Review of the Role of Trade in the Work of the Fund

April 3 , 2023
The paper emphasizes that open, stable, and transparent trade policies remain key for economic growth and resilience, and for addressing key global challenges. It cautions that the deteriorating global trade policy landscape poses risks to the current levels of prosperity, and a weakened multilateral trading system has been ill-equipped to address these challenges.  

Dominica: Staff Concluding Statement of the 2023 Article IV Mission

April 3 , 2023
The Dominican economy is expanding strongly but faces headwinds from global inflationary shocks. Severely affected by the pandemic, real GDP growth is estimated to have reached 6.9 percent in 2021 and 5.7 percent in 2022, driven by construction of climate-resilient infrastructure, a rebound in tourism since the full lifting of COVID-related restrictions in April 2022, and a substantial rise in agricultural output. Global commodity price pressures aggravated by Russia’s war in Ukraine, notably oil and food, in tandem with high shipping costs, pushed inflation up to an estimated 7.5 percent in 2022, despite mitigating price policies – fuel subsidies, custom fees waivers, and VAT cuts for electricity.  

Stacking up the Benefits: Lessons from India’s Digital Journey

March 31, 2023
Working Paper No. 2023/078  

IMF Executive Board Completes Fourth Review of the Extended Arrangement Under the Extended Fund Facility for Argentina

March 31, 2023
The Board’s decision enables an immediate disbursement US$5.4 billion (SDR 4 billion), bringing total disbursements under the arrangement to about US$28.9 billion.  

Ukraine: Request for an Extended Arrangement Under the Extended Fund Facility and Review of Program Monitoring with Board Involvement-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

March 31, 2023
Country Report No. 2023/132  

Renminbi Usage in Cross-Border Payments: Regional Patterns and the Role of Swaps Lines and Offshore Clearing Banks

March 31, 2023
Working Paper No. 2023/077  

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