IMF: Central Bank Independence: Why It’s Needed and How to Protect It
A presentation by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department at the Bank…
A presentation by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department at the Bank…
Saudi Arabia’s unprecedented economic transformation is progressing well. Prudent macroeconomic policies, transformative changes—including through fiscal reforms and in the regulatory…
Swiss risks are broadly balanced amid high uncertainty. In the short term, downside risks arise from intensification of regional conflicts…
Growth is expected to rebound this year thanks to the recovery in demand from key trading partners, which will spur…
The robust growth performance reflects buoyant domestic demand as the strong labor market and the authorities’ policies have supported household…
Lithuania has experienced fast income convergence over the past two decades and the economy is projected to return to growth…
Luxembourg's government has approved a mix of temporary and permanent measures to reinvigorate growth and boost competitiveness. The moderately expansionary…
With a growth rate of 2.5 percent in 2023 and continued solid activity momentum, the Spanish economy has demonstrated remarkable…
The IMF Executive Board completes Kosovo’s reviews under the Stand-By Arrangement, the Arrangement under the Resilience and Sustainability Facility, and…
Kazakhstan’s economy has remained resilient. Real GDP expanded by 5.1 percent in 2023, and inflation declined to 8.7 percent in…
Spain champions the call to step up the impact of Special Drawing Rights (SDRs) through the International Monetary Fund (IMF)…
The collaboration will provide critical support for countries’ climate strategies—through an integrated, country-led approach to policy reforms and climate investments.
Ukraine’s four-year EFF Arrangement with the IMF, which forms part of a US$122 billion international support package, continues to provide…
Macao SAR’s economy rebounded strongly after the relaxation of COVID-19 containment measures in Mainland China. Real GDP increased by 80.5…
"China faces significant fiscal challenges, especially for local governments. Sustained fiscal consolidation over the medium term is needed to stabilize…
On May 22, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Cyprus and endorsed…
According to the IMF, Germany's medium-term growth prospects could be bolstered by increasing public investment, including in the green transition…
Financial inflows triggered by Russia’s war in Ukraine continue to moderate but remain above pre-war levels, supporting a positive outlook.…
A strong and timely policy response helped cushion the impact of the pandemic and the energy crisis. Despite a recovery…
Slovenia's severe floods in August 2023 pose new challenges, with direct damages estimated by the authorities at almost 5 percent…
The Japanese economy continues to grow after the pandemic, with broad-based price increases following three decades of low inflation. In…
The IMF Executive Directors welcomed Austria’s strong policy responses which have helped mitigate severe economic shocks in recent years. Directors…
"Low growth, high debt. Not a great place from which to begin a big push to develop clean energy supply…
"We went through two historic crises with the pandemic and the energy security issue caused by Russia's invasion of Ukraine. …
Recent shocks have triggered supply side disruptions and a large rise in inflation. Inflation has now eased, but price and…
The Spanish economy has shown strong resilience amid weaker euro area growth and tighter financial conditions. Economic activity grew by 2.5…
The IMF Board commended Ms. Georgieva’s "strong and agile leadership during her term, navigating a series of major global shocks".…
The bank failures in 2023 in the US and Switzerland presented the most significant test since the global financial crisis…
The Eurogroup held a third exchange of views on the external competitiveness of the euro area. The discussion focussed on…
The Dutch economy has cooled, but signs of overheating remain. After two years of strong recovery, growth decelerated in 2023,…
Many countries have used energy subsidies to cushion the effects of high energy prices on households and firms. What did…
The IMF team and the Kosovo authorities have reached staff-level agreement on the 2nd reviews of the Stand-By Arrangement (SBA)…
Supported by robust policies, Cyprus recovered swiftly from the pandemic, and has proved broadly resilient to multiple adverse shocks. Growth…
The resumption of negotiations of Switzerland with the EU is a welcome step to strengthen the economic partnership, secure participation…
Despite robust consumption growth, the Luxembourgish economy contracted in 2023 due to weak external demand and residential investment. Growth is…
The Serbian economy has been preforming well under the IMF-supported program, despite the challenging global and regional environment. Macroeconomic outcomes…
The Executive Board of the International Monetary Fund (IMF) today completed the third Review of the EFF arrangement for Ukraine.…
The Bulgarian economy showed resilience amidst a succession of shocks, and the outlook is that of rebounding growth and further…
Growth has proven resilient despite the continued fallout from the war in Ukraine and is set to strengthen starting this…
Growth is forecast to increase to 2.1 and 2.6 percent in 2024 and 2025, while inflation is projected to continue…
After a strong post-pandemic rebound, the Swedish economy has slowed appreciably. GDP is estimated to have declined by 0.3 percent in…
Nimble policy has helped mitigate the effects of major adverse shocks in recent years (the pandemic, the energy price shock,…
Crypto assets have implications for macroeconomic and financial stability that are mutually interactive and reinforcing. Therefore, a comprehensive policy and…
Directors encouraged the authorities to accelerate structural reforms to boost competitiveness, promote diversification and sustain stronger long-term economic growth. Key…
After a strong post-pandemic recovery, economic activity has slowed amid sharply tighter financial conditions and a challenging external economic environment.…
"The negative terms-of trade shock caused by Russia’s invasion of Ukraine resulted in high inflation and increasing interest rates weighing…
Turning first to the implications of this for the near-term outlook, teh IMF projects real GDP growth to slow to…
China’s economic activity rebounded in 2023 following the post‑COVID reopening with real GDP estimated to have grown broadly in line…
“Last year’s fiscal package was a step in the right direction and creates additional revenue. Nonetheless, we project fiscal deficits…
Slovenia’s economy recovered well from the pandemic, only to be hit by spillovers from the war in Ukraine. After a strong…
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