What's New Archive
IMF Staff Completes the mission regarding the Second Reviews of the Arrangements under the Extended Credit Facility and the Extended Fund Facility and Concludes the First Review of the Arrangement under the Resilience and Sustainability Facility for the Islamic Republic of Mauritania
March 8 , 2024
A mission from the International Monetary Fund (IMF), led by Mr. Felix Fischer, held discussions with the Mauritanian authorities in Nouakchott from February 26 to March 7, 2024, on the second reviews of the program supported by the Extended Credit Facility (ECF) and the Extended Fund Facility arrangements, as well as on the first review of the program under the Resilience and Sustainability Facility (RSF) arrangement.
IMF Executive Board Concludes 2023 Article IV Consultation with St. Lucia
March 7 , 2024
St. Lucia’s tourist-dependent economy has rebounded strongly after the Covid-19 pandemic and the commodity import price shock due to Russia’s war in Ukraine. Output is currently near the pre-pandemic level, while higher government revenue has narrowed the fiscal deficit. Similarly, with the recovery of tourism, the current account deficit declined from the pandemic peak of 16 percent of GDP in 2020 to an estimated 2 percent of GDP in 2022. Though declining, public debt remains much higher than before the pandemic. The banking sector has adequate liquidity and is profitable, but NPLs are elevated.
BOJ-IMF Conference: Gender Diversity in the Workplace as a Key to Economic Growth
Suriname and the IMF Reach Staff-Level Agreement on the Fifth Review of the Extended Arrangement Under the Extended Fund Facility
March 7 , 2024
The IMF staff team and the Surinamese authorities reached a staff-level agreement on the fifth review of the authorities’ home-grown economic recovery program supported by the Extended Fund Facility (EFF). The review is subject to approval by the IMF’s Executive Board.
Poverty’s Hidden Dimensions
March 7 , 2024
Countless resources and billions of dollars have been directed at poverty alleviation over the decades and yet almost 10 percent of the world’s population is still struggling to survive. Why do so many anti-poverty efforts fall short? Martin Kalisa is the Deputy Director of ATD Fourth World, an anti-poverty organization that builds research teams that include poor people to better understand their needs.
Transcript of IMF Press Briefing
March 7 , 2024
Good morning to both those of us here in person and those joining us online. Welcome to the IMF press briefing. I'm Julie Kozak, Director of Communications. As usual, this briefing will be embargoed until 11:00 a.m. Eastern Time.
People’s Republic of China—Macao Special Administrative Region: Staff Concluding Statement of the 2024 Article IV Mission
March 6 , 2024
China’s reopening in early 2023 breathed life into Macao SAR’s pandemic-hit economy. The gaming sector witnessed a sharp rebound, though non-gaming sector’s performance was less impressive. Despite the strong growth, inflation remained weak. Robust growth is expected to continue in 2024. In the near term, policies should focus on supporting the still incomplete recovery, strengthening financial stability, and deploying proactive policies to manage emerging financial risks. In the medium term, the priority is to facilitate the economy’s diversification and external rebalancing and enhance its resilience to future shocks through mutually reinforcing reforms and public investments in human capital and climate resilient infrastructure.
Rollback of Credit Arrangements in the New Arrangements to Borrow
March 6 , 2024
Policy Paper No. 2024/007
Principality of Andorra: Selected Issues
March 6 , 2024
Country Report No. 2024/058
Principality of Andorra: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Principality of Andorra
March 6 , 2024
Country Report No. 2024/057
IMF Executive Board Concludes 2023 Article IV Consultation with the Principality of Andorra
March 6 , 2024
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Principality of Andorra.
Report on the Financial Soundness Indicators Technical Assistance Mission
March 6 , 2024
High Level Summary Technical Assistance Report No. 2024/008
Botswana: Financial Sector Assessment Program-Technical Note on Stress Testing and Systemic Risk Analysis for Insurers and Retirement Funds
March 5 , 2024
Country Report No. 2024/061
Botswana: Financial Sector Assessment Program-Detailed Assessment of Observance—Basel Core Principles for Effective Banking Supervision
March 5 , 2024
Country Report No. 2024/062
Botswana: Financial Sector Assessment Program-Technical Note on Assessment of Systemic Risks and Vulnerabilities for Banks
March 5 , 2024
Country Report No. 2024/063
Botswana: Financial Sector Assessment Program-Technical Note on Systemic Liquidity Management
March 5 , 2024
Country Report No. 2024/060
Botswana: Financial Sector Assessment Program-Technical Note on Financial Sector Safety Nets, Crisis Management, and Bank Resolution Framework
March 5 , 2024
Country Report No. 2024/059
South Africa: Technical Assistance Report-Report on Government Finance Statistics Mission (July 31–August 11, 2023)
March 5 , 2024
Technical Assistance Report No. 2024/013
The US Banking Sector since the March 2023 Turmoil: Navigating the Aftermath
March 5 , 2024
Global Financial Stability Notes No 2024/001