International Monetary Fund

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IMF Executive Board Concludes 2023 Article IV Consultation with Guyana

December 4 , 2023
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana and considered and endorsed the staff appraisal without a meeting.  click for more

Suriname and the IMF Reach Staff-Level Agreement on the Fourth Review of the Extended Arrangement Under the Extended Fund Facility

December 4 , 2023
An International Monetary Fund (IMF) team led by Ms. Anastasia Guscina conducted virtual and in-person discussions with the Surinamese authorities during October 30-November 8 to discuss policies to complete the fourth review of the 36-month Extended Fund Facility approved by the IMF Executive Board on December 22, 2021.  click for more

IMF Staff Completes 2023 Article IV Mission to the Kyrgyz Republic

December 4 , 2023
The Kyrgyz economy performed strongly in 2022 and expanded at 6.3 percent despite the headwinds from the difficult regional environment. Tax revenue improved sharply, and public debt declined to 49 percent of GDP. Headline inflation fell from 14.7 percent in December 2022 to 9.2 percent in October 2023, but demand pressures have kept core inflation elevated. The current account deficit widened significantly to 43.6 percent of GDP in 2022 as non-oil imports increased by 26 percent of GDP and gold exports were suspended, while re-exports to Russia were not captured in official statistics.  click for more

How To Design Excise Taxes on Alcoholic Beverages

December 4 , 2023
How-To Note No 2023/004  click for more

Bangladesh and its Partners are Launching the Bangladesh Climate and Development Platform to Leverage Adaptation and Mitigation Investments

December 3 , 2023
Bangladesh and its Partners are Launching the Bangladesh Climate and Development Platform to Leverage Adaptation and Mitigation Investments  click for more

Rwanda Climate Finance Partnership Powers Innovative Climate Action

December 3 , 2023
Rwanda Climate Finance Partnership Powers Innovative Climate Action  click for more

Costa Rica Engages with Multilateral Partners to Launch a Sustainable Project Preparation Facility and Crowd in Climate Investments

December 2 , 2023
The Government of Costa Rica announced today the creation of a Public-Private Partnership (PPP) Project Preparation Facility (PPF) to leverage public and private sector resources to develop sustainable and efficient infrastructure projects.  click for more

MD Remarks to EU Pavilion Discussion on Carbon Pricing and Carbon Markets

December 1 , 2023
Thank you for bringing us together. I cannot think of a more important topic than accelerating decarbonization by pricing carbon. IMF research shows that the path of borrowing to fund decarbonization is not one that countries can afford to follow. Whereas the path of pricing carbon is pragmatic, leads to more revenues, creates incentives for changing behavior, and is equitable.  click for more

Managing Director’s Remarks at the World Bank/IMF/Financial Times Pavilion: A Fireside Chat with President Banga, Moderated by Pilita Clark.

December 1 , 2023
This is the first COP when the IMF and the World Bank have shared a pavilion. This sends a signal that we all need to work together in a way that makes sure what we achieve is bigger than we would have achieved on our own. Going to the money: $5 trillion sounds like an impossible amount of climate finance, but if you look at the world economy today, it is over $100 trillion economy and it will continue to grow. So, by the time we move into the decades ahead, there should be better capacity to finance any activity.  click for more

Housing Affordability: A New Dataset

December 1 , 2023
Working Paper No. 2023/247  click for more

Navigating the Well-Being Effects of Monetary Policy: Evidence from the Euro Area

December 1 , 2023
Working Paper No. 2023/248  click for more

IMF Executive Board Holds Informal Briefing on Venezuela

December 1 , 2023
In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on December 1, 2023, the Executive Board was briefed by staff on recent economic developments in Venezuela.  click for more

Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood

December 1 , 2023
Working Paper No. 2023/246  click for more

Europe in a Fragmented World

November 30, 2023
Good afternoon. It is a pleasure to join you today. Let me begin by thanking Moritz and Sebnem for the very kind introduction. Sebnem is a phenomenal researcher and dear friend from whom I have learned a lot. I am extremely thankful for her generous words. I would also like to thank the Kiel Institute for the Bernhard Harms Prize. I am honored to receive a prize that champions scholarship in international economics and global relations.  click for more

IMF Executive Board Completes the Third Review of the Nepal Extended Credit Facility

November 30, 2023
On November 29, the Executive Board of the International Monetary Fund (IMF) completed the third review under the four year Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent of SDR 39.20 million (about US$ 52.25 million). This brings total disbursements under the ECF for budget support thus far to SDR 166.90 million (about US$ 222.5 million).  click for more

Daniel Susskind: AI’s Transformation of Labor

November 30, 2023

Geoeconomic Fragmentation: What’s at Stake for the EU

November 30, 2023
Working Paper No. 2023/245  click for more

IMF Executive Board Completes the Third Review of the Extended Credit Facility Arrangement for Guinea-Bissau and Approves US$8.2 Million Disbursement

November 29, 2023
Guinea Bissau, Third Review, Extended Credit Facility  click for more

IMF Staff Completes 2023 Article IV Mission to Timor-Leste

November 29, 2023
Timor-Leste’s growth is expected to slow to 1.5 percent in 2023 but will recover to 3.5 percent in 2024 supported by the new government’s prioritization of public capital expenditure. Inflation remains high and will average 8 percent in 2023 but is expected to ease to 2.5 percent in 2024.  click for more

Asia’s Perspectives on Climate Change: Policies, Perceptions, and Gaps

November 29, 2023
Departmental Paper No 2023/008  click for more

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