IMF @IMFNews
Bringing together 190 member countries to improve lives through global growth and economic stability. imf.org Washington, DC Joined March 2009-
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Always a pleasure to meet 🇪🇬 Amb @MotazZahran, @mpedegypt Minister Dr. Hala El-Said, @MofEgypt Minister Mohamed Maait & Central Bank Governor Hassan Abdalla. As Egypt advances its reform agenda, we remain steadfast in our commitment to support 🇪🇬in pursuing its economic policies.
Grateful to 🇰🇷 Deputy PM Sang Mok Choi for Korea's generous grant of $56 million in subsidies to the IMF’s fund serving the most vulnerable. A clear sign of Korea’s unwavering commitment to our shared goals and longstanding partnership in support of low-income countries.
Day 5 of the 2024 Spring Meetings is a wrap! We discuss takeaways of this edition in our live broadcast interviews with the IMF's Ceyla Pazarbasioglu @CeylaP_IMF Director of Strategy Policy and Review Department and Julie Kozack @IMFSpokesperson Communications Director Department
In this special edition of the Weekend Read, we conclude our Spring Meetings with a statement by the IMFC, a seminar on capital flows, regional outlooks for Europe, Africa and Latin America, plus a conversation with Türkiye’s finance minister. Learn more: linkedin.com/pulse/weekend-…
Global growth will be steady at around 3.2% this year and next as inflation continues to moderate, according to the latest IMF World Economic Outlook. Most indicators continue to signal a soft landing. imf.org/en/Blogs/Artic…
Changes in housing and mortgage characteristics helped weaken monetary policy transmission in some countries and strengthen it in others. See our blog for more. imf.org/en/Blogs/Artic…
The slowdown in growth is largely due to falling productivity. AI has the potential to reverse this trend. – @KGeorgieva at the #IMFmeetings meetings.imf.org/en/2024/Spring…
Debt levels in sub-Saharan Africa have largely stabilized at around 60% of GDP. Global capital markets are reopening for some countries. Find out more. imf.org/en/Publication…
Join me for another quick behind-the-scenes tour of our #IMFMeetings! So much teamwork, collaboration and dedication to pull together such an incredible week, welcoming our membership’s delegations with open arms.
This year’s Civil Society Policy Forum featured Nobel Prize winners, speakers from around the globe, and engaging discussions on debt, gender, climate change, and more. Watch the sessions now at this link: imf.org/en/About/Partn…
STARTING SOON: Join the IMF's Ceyla Pazarbasioglu @CeylaP_IMF Director of Strategy Policy and Review Department and Julie Kozack @IMFSpokesperson Communications Director Department to discuss the takeaways of this edition of the IMF-WB 2024 Spring Meetings youtube.com/watch?v=iQy60f…
IMF Growth Forecast 2024 for the Western Hemisphere: 🇺🇸US: 2.7 % 🇨🇦Canada: 1.2 % 🇲🇽Mexico: 2.4 % Caribbean: 9.7 % 🇬🇹Guatemala: 3.5 % 🇨🇷Costa Rica: 4.0 % 🇩🇴Dominican Republic: 5.4 % 🇸🇻El Salvador: 3.0 % 🇭🇳Honduras: 3.6 % 🇵🇦Panama: 3.5 % 🇳🇮Nicaragua: 2.5 % 🇧🇷Brazil: 2.2 %…
Strong commitment at the IMFC, with Chair @MAAljadaan’s leadership, to serve all our members in a shock prone world. We want a world where growth is stronger, living standards are higher, and low-income countries are not falling behind. youtube.com/live/Ljxi1ikP6…
The IMF continues to evolve to meet its members’ needs to ensure a world where growth is stronger, living standards are higher, and low-income countries are not falling behind. Read the IMFC Chair Statement: imf.org/en/News/Articl…
Ever since the global financial crisis, emerging markets have seen a sustained decline in the inflow of capital. How can these countries attract more capital flows and address the challenges stemming from their fluctuations? We discuss LIVE at 12:30 PM ET: youtube.com/watch?v=Z49WBy…
In the European region, Advanced and emerging market economies are expected to grow by 0.8 and 2.9 percent in 2024 and 1.6 and 3.5 percent in 2025, respectively. Check out the full Regional Economic Outlook report for more: imf.org/en/Publication…
NEW: According to the latest Regional Economic Outlook for Europe, a soft landing is within reach but executing it will require careful monetary policy calibration. Read the full report: “Soft Landing in Crosswinds for a Lasting Recovery” #IMFpublications imf.org/en/Publication…
IMF Growth Projections: 2024 Angola🇦🇴: 2.6% Benin🇧🇯: 6.0% Côte d’Ivoire🇨🇮: 6.5% DR Congo🇨🇩: 4.7% Ethiopia🇪🇹: 6.2% Ghana🇬🇭: 2.8% Kenya🇰🇪: 5.0% Nigeria🇳🇬: 3.3% Rwanda🇷🇼: 6.9% Senegal🇸🇳: 8.3% South Africa🇿🇦: 0.9% Uganda🇺🇬: 5.6% Zambia🇿🇲: 4.7% Zimbabwe🇿🇼: 3.2% imf.org/en/Publication…
2024 could mark a turning point for sub-Saharan Africa after four challenging years of shocks. We project that growth will increase to 3.8% in 2024. Learn about the challenges that lie ahead and our recommendations here. imf.org/en/Publication…
🔴 LIVE NOW: @aselassie, IMF African Department Director, presents our latest Regional Economic Outlook for sub-Saharan Africa. Watch the briefing to learn about the report's key findings, growth projections, and policy advice: imf.org/en/Publication… youtube.com/watch?v=Unb408…
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286K Followers 1K Following Passionate about justice & human dignity. In the struggle to #endAIDS. Executive Director of @UNAIDS. Opinions are my own.2024 could mark a turning point for sub-Saharan Africa after four challenging years of shocks. We project that growth will increase to 3.8% in 2024. Learn about the challenges that lie ahead and our recommendations here. imf.org/en/Publication…
How can policymakers in these countries boost inclusive growth while building economic resilience? 1. Stabilize prices 2. Reduce debt levels 3. Undertake transformative reforms Learn more: imf.org/en/Publication…
However, not all countries in the region are recovering evenly. Inflation is still high in countries like Egypt and Sudan, and risks—like an intensification of conflicts, persistent inflation, an abrupt global slowdown, and climate shocks—remain. (🧵3/3) imf.org/en/Publication…
Revisions since October reflect the ongoing conflicts in Gaza and Sudan, as well as oil production cuts by OPEC+. For 2025, we project growth to strengthen to 4.2%. Inflation in many MENA economies is cooling and nearing historical averages. (🧵2/3) imf.org/en/Publication…
Today: How will economies in the Middle East and Central Asia fare in 2024 and 2025 amid ongoing conflicts, shipping disruptions, and lower oil production? Join us on April 18 at 11:30 AM ET (3:30 PM GMT) for our latest Regional Economic Outlook. imf.org/en/Publication…
Conflict is a persistent challenge in the Middle East and Central Asia. How can international financial institutions help countries impacted by conflict lay the foundation for economic recovery and inclusion? 🔜 We'll discuss on April 17 at 11:30 AM ET: youtube.com/watch?v=q7E-dc…
The global economy expanded 3.2% in 2023 amid ongoing disinflation & is expected to grow at the same pace in 2024-25. At 5.9% in 2024, global inflation is expected to continue to ease. (1/6) imf.org/en/Blogs/Artic…
Welcome to the Spring Meetings! Looking forward to an exciting week of dialogue, engagement, and partnership-building. #IMFMeetings
I am happy to share my blog on industrial policy, co-authored with my @IMFNews colleagues Anna Ilyina and Michele Ruta. imf.org/en/Blogs/Artic…
April 16-17 with @IMFNews, we take stock of challenges ahead, & rethink how policies can support & steer the looming transformations in green energy, technology, and turbulent geopolitical relations, & ensure broadly shared benefits. Info & register: piie.com/events/2024/re…
New @IMFNews research calls for a closer watch of the fast-growing $2 trillion private credit market as it could heighten financial vulnerabilities. More here: imf.org/en/Blogs/Artic…
🌟 ICYMI: @IMFNews Managing Director @KGeorgieva joined @MasoodCGD to reflect on lessons learned from previous evolutions of the #IMF, how the institution can respond to new challenges, and more. Watch their full conversation here! ⬇ bit.ly/4crz2uw
Our latest World Economic Outlook chapter delves into the complex interplay between housing markets and monetary policy transmission. imf.org/en/Blogs/Artic…
On April 3, hear from @WorldBank's Ajay Banga and the IMF's @KGeorgieva on supporting low-income nations toward sustainable & inclusive recovery. Join us for a live discussion on policy action and global support: bit.ly/3BwTLdZ
Congratulations to Egypt and its people on the IMF Executive Board completion of the 1st& 2nd reviews of the program which will unlock US$820 million to help restore economic stability.
The IMF Executive Board completed the 1st & 2nd Reviews of the extended arrangement under the Extended Fund Facility for Egypt and approved an augmentation of the original program to Egypt from $3 billion to about $8 billion, allowing the disbursement of about $820 million.
The IMF-supported program aims to promote greater fiscal transparency to ensure efficient public spending and enhance accountability. Learn more: imf.org/en/News/Articl…
The combination of higher debt, lower growth & higher long-term borrowing costs does not bode well for public finances. Countries should start to gradually & credibly rebuild fiscal buffers. More from @TobiasAdrian1, Vitor Gaspar & @pogourinchas here: imf.org/en/Blogs/Artic…
Akwaaba to @IMFNews MD Kristalina Georgieva, who arrived in Accra last night. Looking forward to stronger collaboration towards building Ghana’s economic resilience, accelerating sustainable & inclusive growth, and ensuring a more prosperous future for all Ghanaians #GhanaRising
John Maynard Keynes’s presence can very much be felt in this beautiful library. Join me later today for my conversation with @gilliantett, re-imagining the work of Keynes and setting a vision for a bright future #ForOurGrandchildren.