International Monetary Fund

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Resilience and Sustainability Facility—Operational Guidance Note

November 28, 2023
Policy Paper No. 2023/051  click for more

Republic of Nauru: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Nauru

November 28, 2023
Country Report No. 2023/376  click for more

IMF Executive Board Concludes 2023 Article IV Consultation with Nauru

November 28, 2023
On November 17, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with Republic of Nauru.  click for more

CBDCs and Multilateral Payment Platforms

November 28, 2023
Speech by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department at the Atlantic Council Conference on Exploring Central Bank Digital Currency: Evaluating Challenges & Developing International Standards  click for more

Climate Goals and Debt: A Fiscal Balancing Act

November 28, 2023

Energy Transition and Geoeconomic Fragmentation: Implications for Climate Scenario Design

November 28, 2023
Staff Climate Note No 2023/003  click for more

Regulatory and Policy Initiatives to Address Sustainability-related Risks and Opportunities

November 27, 2023
Achieving net-zero carbon emissions by 2050 requires a deep economic transformation, substantially impacting financial systems. Financial sector regulators and supervisors have important roles to play in enhancing the resilience of the financial sector to climate-related shocks and building a foundation of transparent and fair markets for investment in transition finance.  click for more

Bahamas: Staff Concluding Statement of the 2023 Article IV Mission

November 27, 2023
The Bahamas’ economy continued to rebound vigorously in 2022. Real GDP growth reached 14.4 percent and unemployment fell to 8.8 percent with a broad-based expansion that was especially strong for tourism. However, labor force participation, particularly among men, remained below pre-pandemic levels. In 2023, international flight and cruise arrivals rose well above their pre-pandemic levels leading to a projected 4.3 percent expansion in the year, bringing the economy back to estimates of potential output.  click for more

Sierra Leone: Eighth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Performance Criterion, and Financing Assurances Review

November 27, 2023
Country Report No. 2023/377  click for more

Taming Financial Dollarization: Determinants and Effective Policies – The Case of Uruguay

November 24, 2023
Working Paper No. 2023/244  click for more

Monetary Policy Design with Recurrent Climate Shocks

November 24, 2023
Working Paper No. 2023/243  click for more

Mitigating Climate Change at the Firm Level: Mind the Laggards

November 24, 2023
Working Paper No. 2023/242  click for more

Malta: Staff Concluding Statement of the 2023 Article IV Mission

November 23, 2023
Malta has marked an impressive recovery from the pandemic and demonstrated substantial resilience to shocks resulting from Russia’s invasion of Ukraine. With weaker external demand and waning post-pandemic pent-up demand, growth is normalizing but is still expected to be among the highest in Europe. Persistent inflationary pressures are expected, while concern has risen about capacity constraints.  click for more

Nicaragua: Staff Concluding Statement of the 2023 Article IV Mission

November 22, 2023
Nicaragua’s economy has remained resilient in the face of multiple shocks, supported by appropriate economic policies, substantial buffers, and multilateral support. After a very strong rebound in 2021, the economy grew at a steady pace since 2022 on the back of private consumption and exports. Real GDP is expected to grow by 4 percent in 2023, inflation to slow down, and the fiscal position of the central government to maintain a small surplus and healthy government deposits.  click for more

IMF Executive Board Completes the First Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements for Papua New Guinea

November 22, 2023
Papua New Guinea’s economic outlook remains favorable. Growth is expected to soften to 3.0 percent this year, due to the normalization of LNG production, but is projected to rebound to 5.0 percent in 2024, spurred by the expected reopening of Porgera gold mine and by sustained growth in the agriculture and service sectors. Inflation—after significantly declining in the past year due to fiscal measures and lower imported inflation, is projected to rise, reaching 3.5 percent by end-2023 and 5.0 percent by end-2024.  click for more

Malawi: Second Review Under the Staff-Monitored Program with Executive Board Involvement and Request for an Arrangement Under the Extended Credit Facility-Press Release; Staff Report

November 22, 2023
Country Report No. 2023/375  click for more

Czech Republic: Staff Concluding Statement of the 2023 Article IV Mission

November 22, 2023
The Czech Republic's economic growth slowed considerably following Russia’s war in Ukraine, reflecting disruptions in global value chains, significant increases in energy and other commodity prices, an erosion in real wages, and a necessary tightening in monetary policy. Growth is expected to pick up in 2024—led by consumption and fixed investment, as inflation fades and real income starts rising again, supported by net exports. Nevertheless, GDP is unlikely to reach the levels that would have been given by its pre-pandemic trend by 2028. Inflation, having peaked in 2022, is projected to meet its target by early 2025. Risks are tilted to the downside for activity and to the upside for inflation.  click for more

Republic of San Marino: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of San Marino

November 22, 2023
Country Report No. 2023/373  click for more

IMF Executive Board Concludes 2023 Article IV Consultation with the Republic of San Marino

November 22, 2023
On November 17, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of San Marino.  click for more

High-level Generation Equality Africa Regional Meeting concludes with strong commitments on financing for gender equality

November 21, 2023
The 2023 UN Women UN DESA Gender Snapshot report, reveals persistent gender disparities: women dominate the informal sector, spend three times more on unpaid domestic tasks, earn less than half of men for comparable work, face maternal health risks, and experience high rates of gender-based violence. Global challenges, such as COVID-19 and climate change, exacerbate these inequalities.  click for more

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