What's New Archive
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May 26, 2023
The Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with Mali and endorsed the staff appraisal.
May 25, 2023
The Article IV consultation took place after a decade-long hiatus. The fragmentation of the country that followed the fall of the Ghaddafi regime in 2011 effectively suspended the production of key economic indicators and complicated policymaking, resulting in difficulties in conducting Article IV consultations. The authorities have recently made commendable progress towards improving data sharing and collection, and transparency. Together with the flexibility afforded by the IMF’s new Fragile and Conflict-Affected States (FCS) strategy, this has paved the way for a resumption of Article IV consultations.
May 25, 2023
The Executive Board of the IMF approved a 24-month precautionary SBA in the amount of SDR 80.12 million (around €100 million, 97 percent of quota) and an RSF in the amount of SDR 61.95 million (around €78 million, 75 percent of quota) to support Kosovo’s economic policies. Kosovo is the first country in Europe to receive financing under the RSF.
May 25, 2023
Fintech Notes No 2023/002
May 25, 2023
Country Report No. 2023/180
May 25, 2023
Country Report No. 2023/181
May 25, 2023
Country Report No. 2023/182
May 25, 2023
Gita Gopinath discusses geoeconomic fragmentation, highlighting its emergence and implications. She emphasizes the need for thorough research, identifies key questions, and stresses the importance of multilateral institutions.
May 25, 2023
The heads of the IMF, OECD, World Bank, and WTO today announced the launch of a Joint Subsidy Platform (JSP) at www.subsidydata.org to enhance transparency on the use of subsidies. The JSP is intended to facilitate access to information on the nature, size, and economic impact of subsidies, with a view to facilitating dialogue on their appropriate use and design.
May 24, 2023
Should policymakers be worried about the continued surge in underlying price increases?
May 24, 2023
Transcript of IMF Press Briefing on Ghana
May 24, 2023
Hit by triple shocks, namely the pandemic, the adverse spillovers of Russia’s war in Ukraine, and the global monetary tightening, Côte d’Ivoire faces growing macroeconomic imbalances. The authorities are committed to pursue their agenda to promote private sector led and inclusive growth, as well as to strengthen fiscal consolidation efforts mainly through domestic revenue mobilization supported by upfront measures and a comprehensive medium-term revenue strategy to ensure the means to its ambitious social and capital investment program. Key structural reforms aim to further improve business climate, including by strengthening governance, increasing financial inclusion, and investing in human capital, and to strengthen resilience to climate change.
May 24, 2023
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement: “I welcome the very important pledge, announced by Qatar today, of 20% of its Special Drawing Rights (SDR) holdings toward the IMF’s Poverty Reduction and Growth Trust (PRGT) and Resilience and Sustainability Trust (RST). Two of the greatest challenges the world faces are how to generate the growth necessary to reduce poverty, and how to mitigate the impact of climate change. With this announcement today, Qatar is showing leadership on both issues, and I am deeply grateful for this generous pledge.
May 24, 2023
The Executive Board of the International Monetary Fund (IMF) completed today the first reviews of Rwanda’s Policy Coordination Instrument (PCI) and program under the Resilience and Sustainability Facility (RSF). The Board’s decision allows for an immediate disbursement of SDR 73.95 million (about US$ 98.6 million) under the Resilience and Sustainability Facility. The PCI and RSF arrangement were approved on December 12, 2022, the latter with a total amount of SDR 240.3 million (about US$ 319 million or 150 percent of quota).
May 24, 2023
Country Report No. 2023/172
May 24, 2023
Country Report No. 2023/173
May 24, 2023
Country Report No. 2023/176
May 24, 2023
Country Report No. 2023/177
May 24, 2023
Country Report No. 2023/175
May 23, 2023
Let me start by congratulating the citizens of the United Kingdom on the coronation of Their Majesties King Charles III and Queen Camilla—a historic moment. Turning to the economy, the UK authorities have taken decisive and responsible steps in recent months. This has helped promote macroeconomic and financial stability during a time of heightened market volatility. Their efforts, and the recent decline in energy prices, are beginning to have a favorable impact on the economy.
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