International Monetary Fund

International Monetary Fund Bringing together 191 member countries to improve lives through global growth and economic stability.

The International Monetary Fund (IMF) is an organization of 191 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. http://www.imf.org/
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01/03/2025

In this Governor Talks, SA Reserve Bank (SARB) Governor Lesetja Kganyago discussed how South Africa handled recent inflation shocks, tackled energy challenges, and pursued reforms to boost potential growth.

He reflected on the legacy of Tito Mboweni, Former Governor of the South African Reserve Bank, emphasizing his role in bringing transparency and accountability to the central bank, and his contributions to inflation targeting.

On monetary policy, Governor Kganyago noted: "We took an approach that set the income of monetary policy is the inflation target. So the exchange rate is treated as a stock shock absorber."

Watch his full conversation with IMF's Abebe Aemro Selassie here.

AI has generated a boom in Anguilla, whose .ai country-code internet domain has become a favorite among technology compa...
01/02/2025

AI has generated a boom in Anguilla, whose .ai country-code internet domain has become a favorite among technology companies across the world. Learn more in our Country Focus. httphttps://bit.ly/4iLTrOe

01/01/2025

Happy New Year from the IMF!

What are you looking forward to in 2025?

12/26/2024

From pandemic response to recovery and all that came in between: Since 2019, the IMF has provided debt service relief, strengthened surveillance, and expanded capacity development to support member countries. Our work continues as we face new global economic challenges together.

Since the global financial crisis, home prices across OECD countries have risen 37% in real terms, straining affordabili...
12/24/2024

Since the global financial crisis, home prices across OECD countries have risen 37% in real terms, straining affordability. The impact is felt most by younger generations, with 60% of respondents below 40 worried about housing costs.

This housing affordability crisis is more than just an economic challenge; it’s reshaping generational dynamics and creating a pressing need for policy solutions. https://www.imf.org/en/Publications/fandd/issues/2024/12/picture-this-housing-costs-mount-marta-doroszczyk

Industrial policy coordination matters for Europe's future. Success requires more than increased spending – it demands s...
12/21/2024

Industrial policy coordination matters for Europe's future. Success requires more than increased spending – it demands strategic implementation. Our analysis shows state aid has tripled over the past decade, now reaching 1.5% of GDP. While unilateral approaches often create unexpected challenges through regional spillovers, coordinated policies help preserve trade benefits and ensure fair competition. Learn more about how Europe can optimize its industrial policy impact: https://www.imf.org/en/Blogs/Articles/2024/12/16/europe-needs-a-coordinated-approach-to-industrial-policy

Today, the IMF Executive Board completed the 6th review of Ukraine's 4-year Extended Fund Facility (EFF) arrangement, en...
12/20/2024

Today, the IMF Executive Board completed the 6th review of Ukraine's 4-year Extended Fund Facility (EFF) arrangement, enabling a disbursement of approximately US$1.1b in funding.

Ukraine’s 48-month EFF program aims to preserve 🇺🇦 Ukraine’s macroeconomic stability, improve governance, strengthen institutions, restore sustainability and support long-term growth at a time of exceptionally high uncertainty.

Learn more: https://www.imf.org/en/News/Articles/2024/12/20/pr-24493-ukraine-imf-completes-6th-rev-of-extended-arrangement-under-eff

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Happy New Year
Happy New Year

Happy New Year from the IMF! What are you looking forward to in 2025?

Governor Talks - South Africa
Governor Talks - South Africa

In this Governor Talks, SA Reserve Bank (SARB) Governor Lesetja Kganyago discussed how South Africa handled recent inflation shocks, tackled energy challenges, and pursued reforms to boost potential growth. He reflected on the legacy of Tito Mboweni, Former Governor of the South African Reserve Bank, emphasizing his role in bringing transparency and accountability to the central bank, and his contributions to inflation targeting. On monetary policy, Governor Kganyago noted: "We took an approach that set the income of monetary policy is the inflation target. So the exchange rate is treated as a stock shock absorber." Watch his full conversation with IMF's Abebe Aemro Selassie here.

IMF – Looking Back 5 Years
IMF – Looking Back 5 Years

From pandemic response to recovery and all that came in between: Since 2019, the IMF has provided debt service relief, strengthened surveillance, and expanded capacity development to support member countries. Our work continues as we face new global economic challenges together.

IMF Press Briefing | December 19, 2024
IMF Press Briefing | December 19, 2024

In our final press briefing for the year, IMF Spokesperson Julie Kozack provided updates on Argentina, El Salvador, Mozambique, Syria, the US, and more.

MUST SEE 📺 ➡️ On IMF Today show Mia Amor Mottley, Barbados Prime Minister, talked about Barbados' innovative debt-for-climate swap model and the public-private collaboration. Watch the recap now 🔴 https://www.youtube.com/watch?v=yMQsR6YP1P0&list=PLmYAE4wV1YQw0MCuN91HMz86h2at345Fn&index=3

Latin America’s output gaps are mostly closed and inflation is near target. Growth in Latin America is expected to moderate from 2.6 % in 2023–24 to 2.2 % in 2025. Rodrigo Valdés, Director of the IMF's Western Hemisphere Department, presents the key messages of the latest Regional Economic Outlook. Read the report in the following link ➡️⬇️ https://www.imf.org/en/Publications/REO/WH/Issues/2024/10/25/regional-economic-outlook-western-hemisphere-october-2024

Latin America’s output gaps are mostly closed and inflation is near target. Growth in Latin America is expected to moderate from 2.6 % in 2023–24 to 2.2 % in 2025. Rodrigo Valdés, Director of the IMF's Western Hemisphere Department, presents the key messages of the latest Regional Economic Outlook. Read the report in the following link ➡️⬇️ https://www.imf.org/en/Publications/REO/WH/Issues/2024/10/25/regional-economic-outlook-western-hemisphere-october-2024

Latin America’s output gaps are mostly closed and inflation is near target. Growth in Latin America is expected to moderate from 2.6 % in 2023–24 to 2.2 % in 2025. Rodrigo Valdés, Director of the IMF's Western Hemisphere Department, presents the key messages of the latest Regional Economic Outlook. Read the report in the following link ➡️⬇️ https://www.imf.org/en/Publications/REO/WH/Issues/2024/10/25/regional-economic-outlook-western-hemisphere-october-2024

How can we measure AI's impact on the economy? Join us at the IMF Statistical Forum on Nov 20-21 to explore AI's transformative potential with policymakers, researchers, and industry leaders. Whether you're shaping policy, conducting research, or passionate about AI's future, this forum is for you. http://imf.org/StatsForum

MUST SEE 📺 ➡️ On IMF Today show Mia Amor Mottley, Barbados Prime Minister, talked about Barbados' innovative debt-for-climate swap model and the public-private collaboration. Watch the recap now 🔴 https://www.youtube.com/watch?v=yMQsR6YP1P0&list=PLmYAE4wV1YQw0MCuN91HMz86h2at345Fn&index=3

To create effective climate policies, we need timely and thorough risk assessments that look ahead. Today at #COP29 we discussed building an internationally accepted framework for measuring climate risks. Watch the full video here: https://www.youtube.com/watch?v=ey2JfF0k3ug&list=PLmYAE4wV1YQz5nvHOKOzszhnIoYuRNeyf&index=9 For the latest climate data, check out the IMF Climate Change Indicators Dashboard: https://climatedata.imf.org/ For climate-related recommendations from the G20 Data Gaps Initiative (DGI-3), visit the DGI-3 webpage: https://www.imf.org/en/News/Seminars/Conferences/g20-data-gaps-initiative And to learn more about the IMF @ COP29, visit https://www.imf.org/en/Topics/climate-change/COP29

The IMF's three messages to Europe: 1️⃣ The recovery is on its way 2️⃣ Medium-term growth is too low, with productivity lagging 3️⃣ The solution is the single market Find out more in our Regional Economic Outlook report here: https://www.imf.org/en/Publications/REO/EU/Issues/2024/10/24/regional-economic-outlook-Europe-october-2024?cid=sm-com-fb-AM2024-REOEUREA2024002 #IMFinEurope

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