What's New Archive

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IMF Staff Reaches Staff-Level Agreement on an Extended Credit Facility Arrangement with São Tomé and Príncipe

March 31, 2023
“The São Toméan authorities and the IMF team have reached staff-level agreement to support the authorities’ economic adjustment and reform policies with a new 40-month program supported by an arrangement under the Extended Credit Facility (ECF) in the amount of SDR 14.8 million or about US$20 million. The agreement is subject to approval by IMF Management and Executive Board in the period ahead, contingent on the implementation of prior actions by the authorities.  

IMF Executive Board Approves US$15.6 Billion under a New Extended Fund Facility (EFF) Arrangement for Ukraine as part of a US$115 Billion Overall Support Package

March 31, 2023
Ukraine’s EFF-supported program aims to anchor policies that sustain fiscal, external, price and financial stability and support economic recovery, while enhancing governance and strengthening institutions to promote long-term growth in the context of post-war reconstruction and Ukraine’s path to EU accession.  

St. Kitts and Nevis: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

March 31, 2023
Country Report No. 2023/130  

St. Kitts and Nevis: Selected Issues

March 31, 2023
Country Report No. 2023/131  

Review of the Fund’s Policy on Multiple Currency Practices—Extension of the Effective Date

March 31, 2023
Policy Paper No. 2023/012  

IMF Executive Board Concludes 2023 Article IV Consultation with St. Kitts and Nevis

March 31, 2023
St. Kitts and Nevis’ economic growth rebounded strongly in 2022 despite global headwinds. GDP is estimated to have grown by 9 percent in 2022 after contracting 14.5 percent in 2020 and 0.9 percent in 2021. The lifting of all COVID-related travel restrictions in August 2022 sparked a strong rebound in the tourism sector and across the economy.  

Internet Adoption Trends during COVID-19

March 31, 2023
IMF Notes No 2023/001  

Japan: Selected Issues

March 30, 2023
Country Report No. 2023/128  

Japan: 2023 Article IV consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan

March 30, 2023
Country Report No. 2023/127  

IMF Executive Board Concludes 2023 Article IV Consultation with Japan

March 30, 2023
IMF Executive Board Concludes 2023 Article IV Consultation with Japan  

Panama: Selected Issues

March 30, 2023
Country Report No. 2023/129  

Abebe Aemro Selassie and Ken Opalo on Making Reforms Stick in Africa

March 30, 2023
As global economic uncertainty surges, Sub-Saharan Africa faces a host of challenges that will require effective policy responses if it is to regain the ground it lost during the pandemic.  

Cyprus: Staff Concluding Statement of the 2023 Article IV Mission

March 30, 2023
1. Cyprus’s economy has proved resilient to the fallout from Russia’s invasion of Ukraine, but surging energy prices pushed up inflation. Output grew by 5.6 percent in 2022 as consumption recovered on the back of post-COVID pent-up demand, tourist arrivals rebounded (despite the impact of the war on arrivals from Russia and Ukraine), and the ICT sector continued expanding supported by an influx of new companies. Employment has recovered to pre-COVID levels and unemployment has dropped to a post-financial-crisis low. However, high energy prices contributed to a pickup of inflation, transmitting to other prices amid the tight labor market.  

Remarks by Managing Director Kristalina Georgieva at the 2023 Boao Forum for Asia

March 30, 2023
It is very fitting for us to be here today. The Boao Forum for Asia is hosted by the home of Mulantou Lighthouse, the tallest in China, a beacon of light guiding ships to safe harbor — an inspiration for our discussions so they can guide global policymakers navigating very challenging times.  

Papua New Guinea: Requests for an Arrangement under the Extended Credit Facility and an Extended Arrangement under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for the Papua New Guinea

March 29, 2023
Country Report No. 2023/126  

The Rise and Impact of Fintech in Latin America

March 29, 2023
Fintech Notes No 2023/003  

IMF Staff Reaches Staff-Level Agreement with Seychelles on a Resilience and Sustainability Facility (RSF) Program and a new Extended Fund Facility (EFF) Arrangement

March 29, 2023
“The Seychellois authorities and an IMF staff team reached a staff-level agreement on policies and reforms under a new 36-month Extended Fund Facility arrangement and a Resilience and Sustainability Faciity program, with a requested access of 185 percent of quota under the EFF (SDR 42.36 million) and 150 percent of quota under the RSF (SDR 34.35 million). The new EFF would support the authorities in their efforts to build on the progress in macroeconomic, fiscal, and financial reforms started under the EFF that was approved in July 2021. The RSF financing will help the authorities advance their efforts in building resilience against climate change. The agreement is subject to approval by the IMF Management and Executive Board. Consideration by the Board is tentatively scheduled for May 2023.  

Statement at the Conclusion of an IMF Mission to Kosovo

March 28, 2023
“The IMF mission has been engaged in productive discussions with the Kosovar authorities on policies that could be supported by financial arrangements with the IMF. In this context, there has been agreement on the need to further strengthen fiscal and financial governance; on climate change mitigation and adaptation policies, there was broad agreement on policy actions to strengthen energy efficiency, expand green energy production, and advance in the implementation of actions to reduce emissions and pollution, among other areas.”  

Republic of Tajikistan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Tajikistan

March 28, 2023
Country Report No. 2023/125  

Botswana: Technical Assistance Report-National Accounts Statistics Mission

March 28, 2023
Country Report No. 2023/124  

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