What's New Archive

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Surrogate Data Models: Interpreting Large-scale Machine Learning Crisis Prediction Models

February 24, 2023
Working Paper No. 2023/041  

Global Supply Chain Disruptions: Challenges for Inflation and Monetary Policy in Sub-Saharan Africa

February 24, 2023
Working Paper No. 2023/039  

Jordan: Retail Central Bank Digital Currency Exploration

February 23, 2023
High Level Summary Technical Assistance Report No. 2023/001  

Harold James: In Defense of Globalization

February 23, 2023
The longtime critics of globalization are having another moment, claiming supply chain shortages, high inflation, and increasing migration are products of an overly globalized world.  

IMF Executive Board Concludes 2022 Article IV Consultation with Angola

February 23, 2023
Angola’s economy continued to recover from the COVID-19 pandemic in 2022, supported by higher oil prices, improved oil production, and resilient non-oil activity. Non-oil growth was broad-based despite a challenging external environment. Growth is estimated at 3.5 percent for 2023. Headline inflation declined significantly to 13.8 percent y/y at end-December 2022, driven by lower global food prices, a stronger kwanza, and previous efforts by the central bank to tighten monetary policy.  

Elements of Effective Policies for Crypto Assets

February 23, 2023
Policy Paper No. 2023/004  

IMF Executive Board Discusses Elements of Effective Policies for Crypto Assets

February 23, 2023
Efforts to put in place effective policies for crypto assets have become a key policy priority for authorities, amid the failure of various exchanges and other actors within the crypto ecosystem, as well as the collapse of certain crypto assets. Doing nothing is untenable as crypto assets may continue to evolve despite the current downturn.  

IMF Reaches Staff-Level Agreement on the First Review of the Extended Credit Facility and Conducts the 2023 Article IV Consultation with Tanzania

February 23, 2023
“Tanzania’s economic recovery from the impact of the pandemic is continuing despite headwinds from the global economic environment. While some sectors, including mining, tourism, and other services, showed signs of recovery in 2022, growth for the year is estimated to have reached 4.7 percent, reflecting the impact of global economic conditions, and the effects of a shortfall in rainfall on electricity production and agriculture. Despite price subsidies provided by the government on fuel and fertilizer, inflation peaked at 4.9 percent (year-on-year) in January (from 4.0 percent a year earlier), approaching the Bank of Tanzania’s (BoT) 5 percent upper band. With inflation rising, the BoT has stepped up its repo operations to mop up excess liquidity.  

Resilience And Sustainability Trust―2022 Contribution Agreements with Australia, Canada, China, Germany, Japan, And Spain

February 23, 2023
Policy Paper No. 2023/003  

St. Kitts and Nevis: Technical Assistance Report-Strengthening Core Business Functions Audit Capacity (RTAT)

February 22, 2023
Country Report No. 2023/096  

Costa Rica: Technical Assistance Report-Upgrading the Rule-Based Fiscal Framework

February 22, 2023
Country Report No. 2023/097  

Jordan: Technical Assistance Report-High Level Summary Report - Retail CBDC Exploration

February 22, 2023
Country Report No. 2023/095  

IMF Staff Completes 2023 Article IV Mission to Solomon Islands

February 21, 2023
An International Monetary Fund (IMF) team led by Mr. Masafumi Yabara visited Solomon Islands during February 8 to 21 to hold discussions on the 2023 Article IV Consultation. At the conclusion of the visit, Mr. Yabara issued the following statement: “The economy is recovering from a series of shocks, including civil unrest and a local outbreak of COVID-19. The reopening of the border and infrastructure spending ahead of the 2023 Pacific Games have boosted growth but the recovery has been fragile, as Russia’s war in Ukraine has led to higher inflation and a worsening of the terms of trade. The growth rate is projected at 2.5 percent for 2023. Inflation is expected to moderate from 8.5 percent y-o-y at end-2022 but remain at 4.7 percent y-o-y at end-2023. The current account deficit is projected to widen to 15.0 percent of GDP in 2023 and remain around 9 percent of GDP over the medium term, reflecting the decline in log production, slowing potential growth of China, the main export destination, and high imports for infrastructure projects. Foreign reserves are forecast to decline further to 5.8 months of imports by 2027, although they would still be within the adequacy range at this lower level.  

México: Informe de Asistencia Técnica-la Misión de Cuentas Nacionales

February 21, 2023
Country Report No. 2023/084  

Statement by IMF Managing Director Kristalina Georgieva at the Conclusion of Her Visit to Ukraine

February 21, 2023
Statement by IMF Managing Director Kristalina Georgieva at the Conclusion of Her Visit to Ukraine  

IMF Executive Board Approves the Applications of Five Institutions to Become Holders of Special Drawing Rights

February 21, 2023
The Executive Board of the International Monetary Fund (IMF) approved on February 8, 2023 the applications of the Caribbean Development Bank (CDB), the Development Bank of Latin America (known as Corporacion Andina de Fomento or CAF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the Inter-American Development Bank (IADB) to become prescribed holders of Special Drawings Rights (SDRs), an international reserve asset created by the Fund to help meet the long-term global need to supplement reserves. Approval of these institutions brings the number of prescribed holders to twenty (see attached list).  

Applications To Become Holders of SDRS

February 21, 2023
Policy Paper No. 2023/002  

Crypto Assets and CBDCs in Latin America and the Caribbean: Opportunities and Risks

February 17, 2023

Political Institutions and Output Collapses

February 17, 2023
Working Paper No. 2023/036  

Willingness to Pay for Clean Air: Evidence from the UK

February 17, 2023
Working Paper No. 2023/035  

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