What's New Archive
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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.
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.
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.
December 4 , 2023
How-To Note No 2023/004
December 3 , 2023
Bangladesh and its Partners are Launching the Bangladesh Climate and Development Platform to Leverage Adaptation and Mitigation Investments
December 3 , 2023
Rwanda Climate Finance Partnership Powers Innovative Climate Action
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.
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.
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 $100 trillion economy and it will continue to grow. So, by the time we move into the decades ahead, there should be better capacity to finance any activity.
December 1 , 2023
Working Paper No. 2023/247
December 1 , 2023
Working Paper No. 2023/248
December 1 , 2023
In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on December 1, 2023, the Executive Board was briefed by staff on recent economic developments in Venezuela.
December 1 , 2023
Working Paper No. 2023/246
November 30, 2023
In her acceptance speech for the 2023 Bernhard Harms Prize, Gita Gopinath discusses the rising phenomenon of geoeconomic fragmentation and its implications for Europe. She highlights three key points: Firstly, she emphasizes that geoeconomic fragmentation is a reality, with trade patterns shifting and supply chains lengthening. Secondly, Gopinath notes that while Europe is highly exposed to this fragmentation, its diverse membership and innovative capabilities position it to weather the effects. Finally, she advocates for EU policymakers to prioritize deepening the single market and calls for a rules-based global trading system to leverage Europe's unique strengths and foster resilience in the face of a divided world.
November 30, 2023
On November 29, the Executive Board of the International Monetary Fund (IMF) completed the third review under the four year Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent of SDR 39.20 million (about US$ 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).
November 30, 2023
November 30, 2023
Working Paper No. 2023/245
November 29, 2023
Guinea Bissau, Third Review, Extended Credit Facility
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.
November 29, 2023
Departmental Paper No 2023/008
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