What's New Archive

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People’s Republic of China—Hong Kong Special Administrative Region: Staff Concluding Statement of the 2023 Article IV Mission

May 4 , 2023
Strong fiscal policy support has helped the economy navigate through multiple shocks over the last few years, while strong institutional frameworks and financial buffers have allowed the financial system to remain resilient and continue to operate smoothly, including the Linked Exchange Rate System (LERS).  

IMF Executive Board Concludes 2023 Article IV Consultation with Kingdom of Eswatini

May 4 , 2023
Eswatini has shown resilience to multiple economic shocks. Real GDP contracted by a comparatively modest 1.6 percent in 2020 but surged by 7.9 percent in 2021 as manufacturing rebounded on the easing of COVID-19 restrictions and strengthened external demand. Real GDP growth declined in 2022 due in part to base effects but also as construction projects slowed in response to government cash constraints, and sugar cultivation and processing were affected by excessive rainfall, high fertilizer and pesticide costs, and arson. Inflation rose in the wake of surging international food and fuel prices but appears to have peaked in 2022.  

IMF Climate Capacity Development (CD) Partnership Forum—First Meeting

May 4 , 2023
We deliver Climate Capacity Development not only from our headquarters in Washington, but also through our 17 Regional Capacity Development Centers, and our network of long-term experts in the field.  

Nepal: Selected Issues

May 4 , 2023
Country Report No. 2023/159  

Nepal: Staff Report for the 2023 Article IV Consultation, First and Second Reviews Under the Extended Credit Facility Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement, and Rephasing of Disbursements-Press Release; Staff Report; and Statement by the Executive Director for Nepal

May 4 , 2023
Country Report No. 2023/158  

Lecture by the Managing Director at the Brussels Economic Forum - "United Against a Fragmented World"

May 4 , 2023
Good morning to those in Brussels and watching online. I thank the European Commission for inviting me to deliver the Tommaso Padoa-Schioppa lecture at the Brussels Economic Forum this year. And I’m sorry I can’t do it in person.  

IMF Staff Reaches Staff-Level Agreement with Sierra Leone on the Sixth and Seventh Reviews of the Extended Credit Facility

May 4 , 2023
IMF Staff Reaches Staff-Level Agreement with Sierra Leone on the Sixth and Seventh Reviews of the Extended Credit Facility  

11th IMF Statistical Forum: Measuring Money in the Digital Age

May 3 , 2023

Opening Remarks and Presentation: IMF Press Briefing on Economic Outlook for Asia Pacific and Korea

May 3 , 2023
Opening Remarks and Presentation: IMF Press Briefing on Economic Outlook for Asia Pacific and Korea, by Krishna Srinivasan, Director of Asia and Pacific Department, IMF, delivered at the press conference in Incheon, Korea, May 4, 2023  

Transcript of the Regional Economic Outlook on Asia and Pacific Press Briefing

May 3 , 2023
Transcript of the Regional Economic Outlook on Asia and Pacific Press Briefing  

Central African Republic: Selected Issues

May 2 , 2023
Country Report No. 2023/156  

IMF Executive Board Concludes 2023 Article IV Consultation with Nepal and Completes First and Second Reviews under the Extended Credit Facility

May 1 , 2023
Completion of the first and second reviews under the Extended Credit Facility (ECF) provides Nepal with access to SDR 39.20 million (about US$52.8 million). Following a strong post pandemic recovery, external shocks and necessary policy adjustment led to a softening of GDP growth. The much needed monetary policy tightening helped stabilize the external position and lower inflation, while the recent mid year budget review is expected to address near term fiscal risks.  

Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate

May 1 , 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.  

Revisiting the Countercyclicality of Fiscal Policy

April 29, 2023
Working Paper No. 2023/089  

Mining Revenues and Inclusive Development in Guinea

April 29, 2023

Do Fiscal Rules Foster Fiscal Discipline in Resource-Rich Countries?

April 29, 2023
Working Paper No. 2023/088  

Nicolas Kazadi on DRC’s Natural Wealth and the Energy Transition

April 28, 2023
The Democratic Republic of the Congo faces many challenges to its development, but the country’s natural wealth has the potential to lift more people out of poverty and help the world make the transition to renewable energy.  

Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth

April 28, 2023
Working Paper No. 2023/087  

State-Dependent Exchange Rate Pass-Through

April 28, 2023
Working Paper No. 2023/086  

IMF Reaches Staff-Level Agreement with Costa Rica on the Fourth Review of the Extended Fund Facility and the First Assessment of the Resilience and Sustainability Facility Arrangement

April 28, 2023
“The Costa Rican authorities and IMF staff have reached a staff-level agreement on the completion of the fourth review under the EFF and the first review under the RSF. The agreement is subject to approval by the IMF Executive Board, contingent on the implementation of a prior action by the authorities linked to implementing the public employment law.  

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